Sunday, March 8, 2015

Market's Bull Market 6 Year Anniversary

The S&P 500 (SPX) this past Monday, March 2nd, closed at all time highs 2117.52.
After a 6 year ageing bull market, it seems like a good time to reassess where we are, what hurdles we face, and where we might be headed.

The March 6, 2009 intraday low of 666.79 makes you wonder sometimes what forces are at play. That friday we closed the day at 683.38 and never looked backed. The rally has surprised many, scared shorts several times, and amazingly still keeps going.

What can stop this Bull Market??

With many Big Money Managers, such as the Rothschilds (http://www.zerohedge.com/news/2015-03-05/lord-rothschild-warns-investors-geopolitics-most-dangerous-wwii) acknowledging the rich valuations throughout equities, markets can stay overvalued for long periods of time and vice versa.

Since computers (Programming formulas) run the show, I think we can learn a lot from numerology studies, as the Big Money get in and get out at certain price levels for a reason.

Before the Securities Act of 1933 (companies must release financial statements) the majority of Wall Street analyzed stocks & commodities by using Technical Analysis. Yes that does seem like a wild concept to grasp by many, since over 80% of smart money now uses fundamental analysis to guide their trading & investing. Even though that is the case, fundamental analysis can't explain price moves like technical analysis can.


In the following posts I will elaborate more on technical research which will help you navigate and time markets far better than any fundamental piece out there can.

Markets have a language … PRICE!

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