Webster’s defines inflection as a turning or bending away from a course or position of alignment. Take a look at the chart and note two of the previous inflection points in the chart. The first occurred after a 106% increase in the S&P 500 and resulted in a 40% loss. The second occurred after a 101% […]
If it were possible to forecast the market, then this update would detail the weeks and months ahead of us. Unfortunately, no one can accurately predict what the market will do going forward. However, tools are available to know the market conditions today – therefore what is, is. With current information, we can know if […]
We all know that what goes up must come down. In the last several weeks, we’ve noted that the stock market had been stretched and just like a rubber band, when it gets stretched (creating a higher level of risk) it wants to return to a more normal position. Additionally, the Federal Reserve System’s policy […]
In my last post, I talked about the stock market being at an all-time high and interest rates in the bond market beginning to rise. Both of these situations are pointing towards higher risk in the stock and bond markets, and evidence of deterioration from high levels is now appearing – see the chart in […]
