Archive

Posts Tagged ‘tony robbins’

FEAR/GREED SENTIMENT INDEX – APRIL 14, 2018

April 14th, 2018 Comments off

The “Fear/Greed Sentiment Index: What Emotion is Driving the Market Now?” has a current reading of 23 which is in the “Extreme Fear” zone. This suggests that the market is in a buying range and not a selling range. Tactically, this means that you should either buy or hold depending on your situation.

This indicator has remained in the “Extreme Fear” area for an abnormally long time. I would guess that it will leave this “oversold” area shortly and not return for some time. (After perhaps, one more spike down)

I would look to buy on any 2 to 3 day weakness that is accompanied by “obvious bad news” as the cover story for a good bottom in the market. I think that the next retest of the recent bottoms will be successful and that a sharp rally should follow. The only trick will be if the weakness occurs on a Friday where traders will have to sweat out the weekend of potentially more bad news.

WALL STREET CRAPS STOCK MARKET STRATEGY MARCH 25, 2018

March 25th, 2018 Comments off

craps front coverSTOCK MARKET STRATEGY FOR MARCH 25, 2018: The stock market is setting itself up for a climatic bottom over the short-term. Breadth indicators are in “oversold” territory with the chance of become even more oversold if the market should sell-off on Monday-Tuesday. While a market panic is difficult to buy into, it may still be the proper strategy for buying low and selling high. But the proper to tactic would be to buy in smaller increments spread over 3-5 days during periods of weakness. This takes discipline that few amateurs possess.

Key underlying short-term timing indicators show the following:

***********

THE BOTTOM LINE: The Fear/Greed Index is currently reading 7 or “Extreme Fear.” With any weakness on Monday, this indicator will have the lowest reading in several years indicating a potential intermediate term bottom. To spread the risk, a wise trader should buy a combination of diversified broad-based ETFs and strong Blue-Chip dividend-paying stocks (example: Exxon, Microsoft, Apple, Wells Fargo). The first step would be to buy on extreme weakness in small pilot positions and add gradually. If a market panic should occur, it may take a few days for the market to stabilize or bounce. And then there is the possibility of a final wave down which a trader must be anticipate when conditions become so extreme as they are now.

FEAR/GREED SENTIMENT INDEX – MARCH 18, 2018

March 18th, 2018 Comments off

The “Fear/Greed Sentiment Index: What Emotion is Driving the Market Now?” reading has a current reading of 19 which is in the “Extreme Fear” zone. This suggests that the market is in a buying range and not a selling range. Tactically, this means that you should either buy or hold depending on your situation.

This indicator ventured out into the “Fear” area about a week ago, but has returned back into the “Extreme Greed” zone once again. My guess is that this indicator will not stay in the “Extreme Greed” area very long since it has already spent an abnormally long period of time in it last month.

I would look to buy weakness especially if we should receive oversold readings in breadth indicators, moves toward major indexes 200-day moving averages or retests of previous correction lows. While it is hard to say how much higher the general market can go up from here, the important thing to keep in mind is that this market has been correcting for a long enough time to support a healthy multi-month rally.

WALL STREET CRAPS STOCK MARKET STRATEGY MARCH 10, 2018

March 10th, 2018 Comments off

craps front coverSTOCK MARKET STRATEGY FOR MARCH 10, 2018: The stock market is currently “overbought” in most of the internal indicators. Therefore, the market can hit a short-term top at any time. This has been a very tricky market to trade precisely, since the swings have been so punishing over the short-term when being too early with large bets. The market still has room to rally to the upside. As far as taking new long positions, the time for that was either last week or early February. Now is a time to watch and wait for the next “oversold” set-up.

Key underlying short-term timing indicators show the following:

***********

THE BOTTOM LINE: The Fear/Greed Index is currently reading 44 or “Fear.” This is the first move out of the “Extreme Fear” area in several weeks. As far as sentiment goes, we had our chance over the past month to take long positions on weakness. The thing to do now, is wait for a short-term oversold condition in two the McClellan Oscillators (the most reliable short-term indicators) in order to take new positions for another trip into new high territory.

FEAR/GREED SENTIMENT INDEX – MARCH 2, 2018

March 1st, 2018 Comments off

The “Fear/Greed Sentiment Index: What Emotion is Driving the Market Now?” reading has a current reading of 8 which is well into the “Extreme Fear” zone. This suggests that the market is in a buying range and not a selling range. Tactically, this means that you should either buy or hold depending on your situation.

This indicator has remained in the “Extreme Fear” area for several weeks now. This is very abnormal and suggests that we have corrected long enough in terms of time. But the charts of the major indexes don’t appear to have declined enough in terms of price.

Today’s “Extreme Fear” reading means that it’s time to start taking pilot positions if you’re under-invested in preparation for a rally to challenge the old highs. A bottom may likely appear on either Friday or Monday but actually picking that bottom will be hard to do as always. You will have sweaty palms from the fear of taking a risk here, but it’s about time for the market to get out of the “Extreme Fear” zone. It’s been here too long.

Note: This reading of 8 is the lowest of this current down cycle and may mark the bottom of this correction.

WALL STREET CRAPS STOCK MARKET STRATEGY FEBRUARY 5, 2018

February 5th, 2018 Comments off

craps front coverSTOCK MARKET STRATEGY FOR FEBRUARY 5, 2018: The stock market is currently “oversold” in all of the internal indicators. Therefore, the market can hit a short-term bottom as early as Tuesday. And over the past several years, the market has rebounded from similar bottoms without retesting. But what is different now is how far and long the market has advanced in the post-election period. If you want to play for a fast money trade, I’d expect a rally to come in the next 5 trading sessions and likely coincide with a bounce off of the 200-day moving average in the S&P 500.

Key underlying short-term timing indicators show the following:

***********

THE BOTTOM LINE: The Fear/Greed Index is currently reading 40 or “Greed.” I would expect the next short-term bottom to occur when this indicator is below a reading of 25 in “Extreme Fear” territory. That could happen in the next few days and be worth the risk for a quick ride up to the old highs. My favorite trading vehicle because of its diversification and low-correlation to interest rates would be the QQQ Exchange Traded Fund in the area of 148-150.

FEAR/GREED SENTIMENT INDEX – JANUARY 20, 2018

January 20th, 2018 Comments off

The “Fear/Greed Sentiment Index: What Emotion is Driving the Market Now?” reading has a current reading of 80 which is in the “Extreme Greed” zone. This suggests that the market is in a selling range and not a buying range. Tactically, this means that you should either sell or hold depending on your situation.

This indicator has remained in the “Extreme Greed” area for most of last week. However, this gauge was in the “neutral” zone not too long ago. But we never got into the “Fear” range with a chance to reload for this ride to the upside.

Today’s “Extreme Greed” reading means that it’s time to be on the sidelines waiting for the sentiment to become more negative and present another buying opportunity. That’s going to take a few weeks at a minimum.

FEAR/GREED SENTIMENT INDEX – DECEMBER 31, 2017

December 31st, 2017 Comments off

The “Fear/Greed Sentiment Index: What Emotion is Driving the Market Now?” reading has a current reading of 53 which is in the “Neutral” zone. This allows the market to go in either direction so it is neither a selling or a buying area.

This indicator has remained in the “Greed” area for most of December which is surprising when you consider the duration and extent of this rally. While recent buying opportunities have come when this indicator gets a reading of 25 or lower, the market may continue to rally without any resistance.

Today’s “Neutral” reading is a small move in the direction towards “Extreme Fear” and may be suggesting that an oversold/pessimistic bottom is coming in the first week or two of 2018. 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:

***********

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.

WALL STREET CRAPS STOCK MARKET STRATEGY OCTOBER 21, 2017

October 21st, 2017 Comments off

craps front coverSTOCK MARKET STRATEGY FOR OCTOBER 21, 2017: The stock market continues to march upwards fueled by good news on the tax reform front. This rally has continued while many internal indicators have been reaching “oversold” levels. This would not appear to make any sense at all. Because of these confusing signals in the general market, it might be better to be on the sidelines until oversold indicators match up with market bottoms, not market tops.

Key underlying short-term timing indicators show the following:

***********

THE BOTTOM LINE: The Fear/Greed Index is currently reading “Extreme Greed” after a short stay in the “Greed” territory. This is a simple indicator that guides an investor into the foundational discipline of buying low and selling high. Based on this indicator, this is not a “buy low” scenario, but instead a “sell high” environment. But more importantly, this is a unique time of a market with few, if any, remaining bears and almost total agreement on the bullish side. It’s just a matter of how long it can remain that way and what will be the trigger that finally creates a significant decline. But the truth is that no one really knows!