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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (4095)6/1/2016 10:08:10 AM
From: Kirk ©1 Recommendation

Recommended By
Return to Sender

  Respond to of 26408
 
Nice charts. They seem to show what I've founds... nothing is very reliable for calling tops other than perhaps spikes in rates that start to roll over just as sentiment down spikes turning up can reinforce a bottom call.

Bottoms, OTOH, are much easier but tops... all I can do is start taking profits and take more if the markets go higher... then sit on the cash generated until we get some good sentiment and bond spikes. I would put VIX and bond rates in the sentiment category (ie not fundamentals.)






To: Return to Sender who wrote (4095)6/1/2016 10:10:37 AM
From: Kirk ©  Read Replies (1) | Respond to of 26408
 
One more chart

I wonder how much Apple is holding back the Nasdaq relative to the others markets...

One bullish feature... the Nasdaq tested the tip of its W from above last month TWICE which tends to be very bullish.