ETF Talk

Crude Oil Update

As crude oil has been nearing the top of its trend channel, we’ve been looking for low-risk opportunities to short oil.
The proximity to trend channel resistance is not the only reason for our bearish disposition however.

Investors have become increasingly more bullish on oil, and trade seems...

S&P 500 Update – Curveball

On June 6, I published a bigger picture S&P 500 outlook. Since this update builds on the June 6 outlook, you may find it helpful to first read the June 6 bigger picture S&P 500 outlook.
For the past few months we’ve been looking to buy the S&P 500 on dips. We bought the SPDR S&P...

S&P 500 Outlook – The Bigger Picture

From the very beginning, we considered the pullback from the January 26 high to be a temporary correction (wave 4 according to Elliott Wave Theory), not the beginning of a new bear market.
The chart below describes the concept of Elliott Wave Theory in simple terms. Here is how the Profit Radar...

Treasury Prices and Yields Blindside the Masses – What’s Next?

Last month, 10-year yield above 3% was all the rage. Since then it has dropped more than 8%. The April 25 Profit Radar Report commented as follows on 10-year yields:

“The topic of 3%+ 10-year Treasury yields has captivated the media, and the media writes what retail investors are interested in. For example:

CNBC: Market is obsessed with 10-year yield

MarketWatch: Here’s why stock market investors are focused on a 3% 10-year yield

CNNMoney: Why everyone is stressing about the 10-year Treasury yield

This kind of fascination is usually reached towards the end of a trend...

What’s Next: New Highs or Lows?

Even just a quick glance at the S&P 500 chart reveals a tug-of-war between bulls and bears, buyers and sellers. Although there’ve been many – at time violent – swings, there’s been no net progress.
What will we see first, new highs or new lows? Here’s a look at various pieces of market...

S&P 500 Update – Know What to Expect

It’s said that we shouldn’t blame others for disappointing us, but to blame ourselves for expecting too much. The same is true for the stock market.
Expect the Unexpected
Many investors have become disenchanted as stocks are stuck in a rut. But the market always does what it does, it’s our job...

Free Access to the Profit Radar Report

For the first time ever, anyone can get FREE ACCESS to the Profit Radar Report. The last 6 complete Profit Radar Report updates covering the S&P 500, Dow Jones, Nasdaq, XLU, US dollar, EUR/USD, gold, silver, and 30-year Treasuries, TLT are available here. Enjoy!
Barron’s rates iSPYETF as...

Simple, Common Sense S&P 500 Update

For almost two years, investors were spoiled with low volatility and high returns, but recent market action has rattled the cage.
Will there be more ‘cage rattling!’ If so, how much?
Sometimes a simple common sense analysis is the best one. KISS.
KISS
The February 11 Profit Radar Report stated...

How to Outsmart a Choppy, Range-bound Market

From January 26 to February 9, the S&P 500 lost as much as 11.84%. This initial freefall was followed by a rollercoaster-like performance.
The large February drop (340 S&P points) expanded the trading range and complicated the search for low-risk S&P 500 entries (see S&P 500...