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Neutral Market Outlook

May 22, 2015
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Our big-picture market outlook hasn’t changed much as we head into the long Memorial Day weekend.  The overriding intermediate-term trend of the major indexes and most stocks and sectors is still sideways, and because of that, we’re still more neutral than bullish (or bearish for that matter).

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Positive Outlook on China

May 14, 2015
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The PowerShares Golden Dragon Halter USX China ETF (PGJ) slipped just under its rising 25-day moving average before yesterday and today’s bounce pushed it back atop the average. In the short term, PGJ has found support at 33, which is positive. We won’t get a sell signal unless (and...

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Uptrend in Emerging Markets

May 5, 2015
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The remarkably energetic rally in the PowerShares Golden Dragon Halter USX China ETF (PGJ) that began on March 17 at 27.5, pushed it as high as 32.7 on April 10. The Golden Dragon has experienced similar gains a couple of times since the beginning of its range-bound streak in...

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The Second Week of Earnings Season …

May 4, 2015
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The second week of earnings season brought extreme price declines in many leading stocks, which in turn dropped the three major indexes. For the week, the S&P 500 lost...

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Reaction to the Jobs Report

April 3, 2015
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The market is closed for Good Friday (have a good long holiday weekend!), but Uncle Sam still released its employment report on schedule this morning. Obviously, it’s impossible to...

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Broken BRICs

March 12, 2015
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As you have probably gathered from a growing number of news stories, emerging markets are having a rough go of it right now. We have discussed this before, including...

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The Trend Remains Up

March 9, 2015
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The sellers finally showed some power last week, pushing most of the major indexes lower and lassoing a bunch of leading stocks. It’s a shot across the bow, so...

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Investor Sentiment is Heating Up

February 24, 2015
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One of the many market truisms is that bull markets climb a wall of worry, and that once there is no worry, it’s time to sell. The best time...

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U.S. Market Looks Good — The Sky Is Not Falling!

February 17, 2015
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I attended the 34th annual MoneyShow in Orlando last week. The conference was well attended with 4,500 investors coming from near and far. Investors at the show were generally...

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