Category Archives: Market Condition

Bernie Schaeffer’s montly Option Advisory Comment is my must read.  You can find this month’s here.  In summary, he is bullish for the remainder of this year. Monday Morning Outlook, and Chartadvisor.com. My advice: Monday’s market drop may be a good … Continue reading →

Schaeffersresearch.com and ChartAdvisor.com: Both these 2 sites show hopeful signs in the market, while maintaining the inherent existing risks.  The message is that the market bearish sentiment is much more pronounced than the degree of the pull back in the market … Continue reading →

ChartAdvisor.com: “The markets continue to deteriorate, and while a bounce is likely soon, the markets can always become more oversold first…These are the markets that separate the traders who are consistently profitable from the revolving door of amateur traders. Undisciplined … Continue reading →

ChartAdvisor.com: cautious (bearish). “There are times when it is better to reduce exposure to the markets and wait patiently for the markets to give you an opportunity. This is likely one of those times.” SchaffersorsResearch.com: this week’s Outlook actually rings … Continue reading →

This week’s Monday Morning Outlook shows a neutral to slightly bullish posture from Schaeffersresearch.com. ChartAdvisor.com: bearish, from a technical point of view.

Chartadvisor.com:  This week’s Market Summary is neutral to slightly bullish. Schaeffersresearch.com’s this issue of Monday Morning Outlook is near term bearish and long term bullish. VIX: Increased volatility, broke through SMA 20, still under SMA 50 value.  Recently, VIX challenged … Continue reading →

Both Chartadvisor.com and Schaeffersresearch.com have a bullish view long term.  Near term choppiness is expected, however.  With fear rising, Greek issues and the ramifications of IMF turmoil (its ability, or lack of it, in helping Greece out of its financial … Continue reading →

ChartAdvisor.com: The market is near oversold, but is still in an uptrend. Time to look for opportunities.  When placing trades, we may set up neutral to mildly bullish trades (i.e., using slightly in the money or at the money strikes). … Continue reading →

Although the major indexes are hitting technical resistance, Schaeffersresearch.com is bullish in this week’s Monday Morning Outlook. Chartadvisor.com’s author (Joey Fundora) is a bit more cautious in his recent post, due to the overbought market condition. I will tread the … Continue reading →