The severity of the October 2018 stock market decline has shaken the belief of some investors in the bull market. For those who have not been following the stock market for more than a few years, their reaction is understandable. But those with a longer-term perspective are wondering what the recent decline means for…
Read more
Tom’s Intensive Advance/Decline Course
Get a Competitive Edge with Tom Aspray's One-on-One Training The Viper Report is excited to offer Tom Aspray's individualized training in Advance/Decline line methodology. If you are one of the five million people that have followed Tom's recommendations or have read his articles in Forbes.com you know that throughout this bull market, when Wall Street…
Read more
Catch The Trend With Monthly Charts
The 7.9% gain in for the S&P 500 in January snagged the headlines last week, especially after the 10.2% decline in December. It was the best January since 1987, when the S&P 500 was up 13.2%. After the strong January in 1987, the S&P was higher for six of the next seven months, peaking in…
Read more
Charts for the Week Ahead
The strong stock market gains a week ago set the stage for the market’s resilient performance last week. After the long weekend, stocks opened under pressure on Tuesday, which I had predicted based on the previous week’s excess bullishness. The S&P 500 was down almost 2% on Tuesday, but closed well above the lows. It continued to…
Read more
Can You Bank On A Stock Market Bottom?
December 30, 2018: Prior to last week’s action many of the technical and sentiment measures that I follow had reached extreme levels not seen in the past ten years. One such measure uses the NYSE Advance-Decline data. The chart from last week (Will There Be A Not Going Out Of Business Rally) showed that the…
Read more
The Week Ahead: No Rally, But No Fear?
Dec, 9, 2018: The stock market opened last Monday with lots of promise. The Spyder Trust (SPY) opened at $280.28, which was 1.7% above Friday’s close at $275.65. It peaked in the first 30 minutes to close the day at $279.30. Stocks opened a bit lower on Tuesday, but then President Trump tweeted “I am a Tariff…
Read more
