Threats Remain Despite Wednesday’s Rally

What a fantastic afternoon. After threatening to break lower for much of the morning, stocks exploded to the upside upon the release of the Fed minutes from a meeting held three weeks ago. But today’s trading action obscured what has been the development of larger, more disconcerting trading pattern. For the stock market remains on an increasingly wild roller coaster ride that started several weeks ago. And in what has become an unfamiliar condition for those that hold publicly-traded equity in U.S. companies, the value of this ownership has actually been declining in value on net since the beginning of September. Even after today’s surge, the ongoing down drift in stocks represents the longest sustained correction in stocks since the fall of 2012. Despite this recent weakness, investors continue to have good reason for optimism, as fresh new highs remain well within reach. With that said, now is also not the time for complacency either, as the recent downtrend not only remains unbroken but may also represent the very beginning of what is to come over the next several years.

Please click on the link to read more of my article on Seeking Alpha.

How Green Was My Market

The U.S. stock market had an unusual feel to it in the just completed third quarter of 2014. On the surface, it appeared that stock investors managed to squeeze out yet another positive quarter despite the various swings of volatility and general sense of unease that took place along the way. But one does not have to search far under the surface of this market to quickly come to the realization that all was not at all well for capital markets in the third quarter. And when looking ahead to the rest of the year and the twelve months of 2015 that will follow, investors will likely be confronted with an environment where a portfolio that is built both solid and good with careful thought will become an increasing necessity from a risk control and total returns perspective.

Please click on the link to read more of my article on Seeking Alpha.

About That Friday Bounce

The U.S. stock market roared back to life on Friday. After a dismal trading day on Thursday, stocks opened the Friday session in a choppy sideways pattern between 1968 and 1975 on the S&P 500 Index through much of the trading day. Then suddenly, like so many times before in the post-crisis period, stocks suddenly awoke around 1PM and rallied for the next two hours before settling into the close. Does this mean that the market has finally shaken off its recent blues and is poised to make its next bold move higher? Hardly.

Please click on the link to read more of my article on Seeking Alpha.

Perspectives On Thursday’s Sell Off

Thursday was a lousy day for equity investors. U.S. stocks as measured by the S&P 500 Index dropped by -1.62%, which represented its fifth worst decline in 2014 thus far. When putting this latest decline into perspective, it appears at first glance that the bulls still have good reason to remain optimistic. But when exploring deeper under the surface, troublesome signs are increasingly accumulating that may be hinting that a far more significant change in the long-term market trend may soon be on its way.

Please click on the link to read more of my article on Seeking Alpha.

Is A Stealth Liquidation In Stocks Underway?

It is September 2014 and all is well. Or is it? The U.S. stock market set a new all-time high earlier in the month and is less than +2% from striking another fresh peak despite some modest weakness in recent days. The uptrend in stocks also remains firmly intact and is supported by an economy that while sluggish is still plodding along. But despite this generally placid appearance on the surface, some notable signs of deterioration are growing underneath that warrant close attention in the days ahead. For it is possible that something much more substantial to the downside may be slowly starting to brew.

Please click on the link to read more of my article on Seeking Alpha.

Follow

Get every new post delivered to your Inbox.

Join 5,404 other followers