Preface: Explaining our market timing models We maintain several market timing models, each with differing time horizons. The "Ultimate Market Timing Model" is a long-term market timing model based on the research outlined in our post, Building the ultimate market timing model. This model tends to generate only a handful of signals each decade. ...
Mid-week market update: Is time to sound the all-clear? The market staged a relief rally after last week's weakness. Is the stock market ready to resume its uptrend? A rally to new highs from these levels is unlikely. Last week's pullback inflicted significant technical damage that, at a minimum, a period of sideways consolidation and...
Mid-week market update: I was wrong. I thought that the stock market was due for a pause and pullback last week (see A possible pause in the uptrend). Instead, it has strengthening on skeptical sentiment and improving breadth. The combination of these conditions are suggestive that the current rally as a lot further to go in...