The 10 Most Recent Messages By steelbreeze1753

As the Russell 2000 Index never did best its high of early May 2019, I am expecting the Bear Market to CONTINUE after this rally is complete. I believe that time is NOW, given the Fed rate cut, as it's "buy on the rumor, sell on the
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The Russell 2000 STILL is NOT above its early May 2019 peak, and nowhere near its record high. As this happened at the end of the previous Bull Market in October 2007, as well as before the decline at the end of last year in October 2018, I am
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Yesterday (7/1/2019, the S&P 500 Index was AGAIN at a Record High. However, once again, the NASDAQ Composite Index and the Russell 2000 Index were BELOW their levels hit when the S&P 500 Index hit a record level back in early May 2019.
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As the S&P 500 Index is at a record high, note that both the NASDAQ Composite Index and the Russell 2000 Index remain off their levels of the previous S&P 500 record high of early May 2019. SELL! SELL! SELL! IT'S A BEAR MARKET!

With the spike in volatility the accompanied last Monday's 600+ Dow point sell-off, it's safe to say the trend has changed from UP to DOWN. The "tell" here is the Russell 2000 Small-Cap Index, still well off its record high of
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In October last year, as the Dow Industrials were banging out a record high, the NASDAQ Composite Index was well off its peak, resulting in the sell-off that took the S&P 500 down some -20%. If you look right now, both the Dow Industrials and
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Uber has long been THE Blue Chip of the pre-IPO market. That it is FINALLY coming public indicates that either the best prices are behind us or are at hand. The surge in the NASDAQ Composite Index the last few days to near record highs suggests
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Both the S&P 500 and NASDAQ Composite indices are at the upper end of resistance, and rounding the top of the curve. Expect the market to quickly cascade lower to life-of-Bear-Market lows! It's been nothing but a Fool's Rally in a Bear
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Is this rally the start of a new Bull Market, or simply a continuation of the old one? Neither! We can count out a new Bull Market, as the usual first-phase cyclical stocks such as Ford and Goodyear have NOT exploded upwards. In fact, they have
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After the S&P 500 and NASDAQ Composite clipped the -20% mark that is the minimum for a Bear Market, the DOW exploded some 1,000+ points yesterday, a record point gain. So, is the Bear Market over? Given the high level of volatility, which
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