Our target for the first half of 2019 is and has been the 2100 to 2200 area for the S&P 500. A friend asked… I’ve been meaning to ask (and possibly) know the answer, 2100-2200 for H1 2019 is your ultimate bear market target or opening act? Opening act. It could be the ultimate target because there is a lot of support at that area … Continue reading How Low Could the S&P 500 Go?
A very short ‘vs. SPY’ post today focusing on two items that still look constructive vs. the USS Good Ship Lollypop. It is now over two months since China’s large cap stocks and the Emerging Markets (EEM includes a sizable chunk of Asia) began to bounce relative to SPY. Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) … Continue reading vs. SPY
As we transition along into what I think could be a good bull phase over the next year or two, I’ll remain sensitive to who was appropriately cautious/bearish when called for along the way of the 4-7 year (depending on how you look at it) bear market and who displayed perma pom poms. Maybe it will even become a series called The Golden Pompoms. I … Continue reading The Golden Pompoms: “Gold Stock Bulls Gore the Bears”