Relative Strength Is Still The Key

Fewer stocks carry the market. Maybe it is OK after all. Just follow the trend....

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Back to Square One

Large companies continue to dominate. Monitor relative strength and stay the course....

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Are Dividends Hot or Not?

Don't take any historical trends for granted. Always check for relative strength....

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Momentum and Participation Divergence

As market continues to defy gravity, momentum is slowing down and fewer stocks carry the market. Be patient....

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Stay Away From Emerging Markets

Stay away from emerging markets for now....

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Things are Calming Down a Bit

The market has been successfully digesting an extremely overbought condition in the best possible way, by trading sideway, and not going down. This is very encouraging....

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High Yield Spreads are Contracting

High Yield bond spreads have been contracting. This is what you want to see in a bull market....

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Small Companies are Getting Fashionable Again?

Small companies are showing positive signs of relative strength versus large companies for the first time in a while. I would watch them....

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Don't Chase It

The market breadth suggests that we are due for a pause. Have patience, but be ready to deploy funds....

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Don't Get Carried Away

The markets are roaring, however a pause is overdue. Don't get too carried away with excitement. Use weakness to buy....

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