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Richard Schwartz 's PRINCIPLES OF THE STOCK MARKET A learning, teaching, always evolving stock market letter and advisory service Seventeenth Consecutive Year of Publication ; Letter #1; September 18 th , 1990 Post Office Box 1236 · New Paltz, New York 12561 - U.S. A. · (845) 255-6894...
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GOLD VIEW . It’s Time to Buy Back into GOLD ! I must say the gold chart looks ripe for a rally and the background economics are screaming rising inflation here in the US and all around the globe, so I would recommend buying back into gold. Gold pulled back from its big Round Number of $1000 in...
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UPDATE ON THE STOCK MARKET . Tuesday, April 29th, 2008: 6:30 a.m. The stock market has some uncertainty – there’s that awful word again – about tomorrow’s Federal Reserve 2:15 p.m. interest rate policy announcement. For the first time in a very long time, we’re not quite sure what the Fed is going to...
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SCHWARTZ BUY RECOMMENDATION this morning. Yes, with China (domestically) down -50% off its peak and the related Chinese region indices down slightly less but now showing some signs of a bottom and turn around, I’d suggest that its time to put some sidelined money back to work in ASIA (during this beginning...
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UPDATE ON THE STOCK MARKET . The bulls are now on CNBC saying it’s too late to sell. I beg to differ since I can’t figure out why it’s too late to sell. Maybe because some portfolios are already down big, -15% or more. But that still doesn’t mean they can’t drop much more. Just think back to the dot...
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TECHNICAL VIEW . Investor’s Business Daily (IBD) has put the bull back in the box, yesterday the S&P Mid Cap index became the first index to post a higher high, after posting a higher low, and stocks stopped going down five weeks ago. Plus, as I wrote above, we’re on the verge of the bullish 4-Day...
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UPDATE ON THE STOCK MARKET . Wednesday, February 27th, 2008 We’re back to three days up in row , hoping today proves to be another up day, the fourth in a sequence, triggering Trader Vic’s bullish 4-Day Rule . In spite of more bad economic data yesterday morning, like twice the expected producer price...
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UPDATE ON THE STOCK MARKET . Tuesday, February 26th, 2008: Yesterday stocks were buoyed by further hopeful news about saving the vital AAA rating of the two big bond insurers, MBIA and Ambac . A report indicating such late Friday afternoon first helped reverse the stock market’s dismal downtrend towards...
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Friday, February 22nd, 2008: UPDATE ON THE STOCK MARKET . Wednesday stocks rose, yesterday they fell, giving back all of Wednesday’s gains and a bit more. Call it backing and filling as the stock market continues to calm down a little. Still the background economic news, which ultimately drives stock...
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The Much Needed, Wanted, Defining RETEST is Now Underway. If investors are honest, no one wants or likes a V bottom. V bottoms are just too quick, come with no base building and are prone to just be bouncing-up-and-off temporary bottoms . They usually occur after a bout of high volume, capitulation selling...