Thursday, December 10, 2015

Saturday, November 07, 2015

Sunday, October 04, 2015

Saturday, September 12, 2015

Saturday, August 08, 2015

Saturday Rock Blog: (The S&P 500 Keeps Lifting) Higher and Higher

The trend is clear: yep, still UP! Recent consolidation in the markets looks like yet another great buying opportunity in this ~7 yr bull market. For those who claim the market has to eventually top, typically, the best gains of a bull market come at the beginning and the end. Besides, secular bull markets don't end with interest rates at 0% and energy hella cheap. The S&P-tracking ETF SPY seems to be targeting about $245. If I'm wrong, SPY will spend a few weeks below its rising 40 week moving average, currently $206.50, and the 10 week average, currently $209 will cross under. The party at the end of the bull market hasn't even begun yet, staying long here. Disclosure: I'm not long SPY, but plenty of other stuff. Love the small caps.

Saturday, April 18, 2015

Saturday, January 24, 2015

Sunday, January 04, 2015

Sunday Rock Blog: The Tracks of the Shorts' Tears

I can't recall seeing a more bullish chart on the small caps. Given the plethora of excellent economic news for the US, the chart seems appropriate. Happy New Year bulls! Disclosure: I am long IWM via calls, and TNA.