Charting My Interruption (CMI): “Thomas Sowell, Bull Markets & the Wisdom of Price”
Happy 93rd birthday to Thomas Sowell, one of our nation's foremost thought leaders in social science, government and economics. Mr.
Charting My Interruption (CMI): “Response to weakness matters more than the weakness itself.”
Oversold conditions don't go away when the market transitions away from a bear market environment. What does change however is
Charting My Interruption (CMI): “It’s more important to rule out a bear market than identify a bull.”
At the end of the day, the market can only do one of three things: it can go up, down,
Charting My Interruption (CMI): “The Bulls Are Baaaaack!!!”
On Thursday, the spread between the percent bullish and percent bearish respondents in the weekly AAII Investor Sentiment survey exceeded
Charting My Interruption (CMI): “MEGA ‘Caps’…Making Equities Great Again!!”
The MEGA "Caps" are Making Equities Great Again!!! The 10 largest companies have been making headlines of late, as they
Charting My Interruption (CMI): “MAANAGeMeNT vs Employees…the tension grows.”
As the 9 constituents of our MAANAGeMeNT Index* (Figure 1, top panel) track ever higher in their sky-scraping office tower
Charting My Interruption (CMI): “What if interest rates turn higher?”
With the US 10 year yield having broken a 40 year downtrend, the idea that we have transitioned to a
Charting My Interruption (CMI): “Which is it? Overbought or Oversold?”
When it is clear that the market is going nowhere, it is best to "do the opposite" of what the
Charting My Interruption (CMI): “Value is outperforming, but not really.”
It is widely agreed that value stocks have been outperforming growth stocks since the bear market started in January 2022
Charting My Interruption (CMI): “Mind Over Markets–the Importance of Proper Mindset”
At the CMT Association's 2023 Annual Symposium in New York last week, I had the incredible opportunity to interview legendary
Charting My Interruption (CMI): “Lullaby on Wall Street”
Its been 15 months since the S&P has hit a 12 month high. While this is clearly not good for
Charting My Interruption (CMI): “Indices at Resistance & Diverging…Tactically Cautious”
The recent weakness in the three major S&P averages--500 large cap, 400 mid cap, and 600 small cap--was adequate enough