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Impressive Rebound

October 27, 2014
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One week ago, we noted that the market was looking washed out—we saw about 950 stocks on the NYSE and NASDAQ combined hit new 52-week lows last Wednesday, which is extreme. More than 70% of stocks were below their respective 200-day moving averages. We saw a rush into super-safe Treasuries on Wednesday, another sign of panic. Thus, we expected a bounce … but we are surprised by how strong it’s been, with the major indexes quickly recovering about 60% of their September/October decline in just four days! A bunch of growth stocks have also snapped back to their old...

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Use Caution

October 14, 2014
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For months, I’ve been noting market divergences and other signs of a long top, and last week the market finally went over the falls. Today we got a modest bounce, but it’s clear that sellers are now in control. Thus continued caution is advised. By Timothy Lutts Chief Analyst,...

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Tide Continues to Go Out

October 8, 2014
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The market rebounded moderately today from yesterday’s big selloff. That selloff was supposedly in response to slower growth in Europe—Germany in particular—but the news doesn’t matter to us; what matters is that the tide continues to go out and more and more stocks are joining the downtrend. As for...

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Stocks Under Accumulation

September 29, 2014
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The market remains touch and go, with some areas looking horrible (most commodity-related sectors and the broad market as a whole), some looking decent (many growth stocks are hanging...

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A Long-Term Top

September 23, 2014
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The market’s main trend remains up, but just barely, as the breadth of market participation narrows and the ranks of the failing stocks grow. To me, the possibility that...

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Alibaba’s IPO

September 18, 2014
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Global retail is a matrix of consumer confidence and disposable income pulled by the constantly changing forces of advertising, marketing and the weather. In the U.S., it used to...

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Positive Bounce in the Market

September 17, 2014
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The major indexes–S&P 500, Dow Jones Industrials and the Nasdaq–all made nice bounces today, with varying results. The Dow, which had held up better during the past three weeks,...

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Top, More Chop or Third Wave?

September 15, 2014
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This is an excerpt from Cabot Top Ten Trader, which features the best trades to make every week.  Designed for experienced investors who want even more great growth stock...

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Market’s Record High

September 2, 2014
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The S&P 500 and Dow continued their ascent to record highs last week, though it was on very light trading volumes. For the week, the S&P 500 gained 0.75%,...

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