Why the VIX is so low and why you shouldn’t worry about it yet

Markets have worked themselves to new record highs and almost everybody is talking about the VIX index staying below 10 for so long with no signs of wanting to go up anytime soon. This move to new records has come right on time per our LT wave for July, but more on that in my… Continue reading Why the VIX is so low and why you shouldn’t worry about it yet

Outlook for week of July 24

Outlook for world markets with brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for week of July 24

Show Time

The S&P 500 has broken out to new record highs, nicely in line with what we shared last week. But the Nasdaq index has not made it to new highs yet. Here is the current chart: The Earl and MoM indicators are clearly going up, with no signs of topping out yet. But the slower… Continue reading Show Time

Outlook for week of July 17

Outlook for world markets with brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for week of July 17

Ready for 2500

In my last post I recommended caution and wanted to see how the market gets through the lunar red period. Muddling through without further damage to the longer term uptrend would set us up for another rally in July-August. That seems to be what we have got and if the market holds up a few… Continue reading Ready for 2500