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Archive for November, 2017

FEAR/GREED SENTIMENT INDEX – NOVEMBER 18, 2017

November 18th, 2017 Comments off


The “Fear/Greed Sentiment Index: What Emotion is Driving the Market Now?” reading has a current reading of 44 which is in the “Fear” zone. This allows the market to go in either direction so it is neither a selling or a buying area.

But this indicator continues to move across its range from “Extreme Greed” readings around 90 just a few weeks ago. Recent buying opportunities have come when this indicator gets a reading of 25 or lower.

Today’s “Fear” reading is the first one is a long time and may be suggesting that an oversold/pessimistic bottom is coming in the next few weeks. That would present a chance to get back onboard the market for another ride up to new highs.

WALL STREET CRAPS STOCK MARKET STRATEGY NOVEMBER 12, 2017

November 12th, 2017 Comments off

craps front coverSTOCK MARKET STRATEGY FOR NOVEMBER 12, 2017: The stock market has experienced a short correction in its rally since the August bottom. The internal indicators are slightly oversold and can support a continuation of the rally with the aid of any good news. But ideally, if the market continues to correct, it will set up a better buying opportunity around Thanksgiving or in the seasonal bottoming time around mid-December. For now, it looks like a good time to wait for a better entry point for a ride up into the New Year.

Key underlying short-term timing indicators show the following:

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THE BOTTOM LINE: The Fear/Greed Index is currently reading “Neutral” after a long stay in the both the “Greed” and “Extreme Greed” territory. But a quick move lower into the “Extreme Fear” would probably present a good buying opportunity. I’m inclined to wait for such a time especially when that reading coincides with oversold readings in the internal indicators above. So for now, it’s a time for patience.

FEAR/GREED SENTIMENT INDEX – NOVEMBER 5, 2017

November 5th, 2017 Comments off


The “Fear/Greed Sentiment Index: What Emotion is Driving the Market Now?” reading has a current reading of 66 which is in the “Greed” zone. This allows the market to go in either direction so it is neither a selling or a buying area.

One might think that the market’s continuing rally has to stop and correct at the very least. But it appears that there are still major portions of the general market that have stayed modest in their appreciation and present opportunities for price advances.

But since this indicator was in the “Extreme Greed” area for a long time, it may be working its way toward the “Extreme Fear” area and a buying opportunity a few weeks away from now.