buy signal

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I look at the charts in your 401k plan continuously. If none of the charts are going up, here is our plan: we stay on the sidelines. Pretty simple.

That was the headline I found over at CBS Marketwatch.  As usual, the news media is whipping (anyone who will read) into a frenzy about Lehman Brothers.  More news may be forthcoming about Lehman — between the time I finish writing this and the time you read this. (…)

I'm going to paint a word picture for you.
Suppose you own a stock that gave three successive buy signals last summer — in 2007. The stock ran from $28 per share up to $34 a share. (…)

This article could be titled: Can (fill in the blank) go any lower? I'm not picking on Merck.
The reality is you could drop in Merck, Citibank, General Motors, Ford, J.P. (…)

Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, "predicted". (…)

The beauty of the Point & Figure chart is that the chart has no preconceived bias. (…)

One of Our Better Tools
We've got a tool we rely on here at Mullooly Asset Management called "relative strength." This tool simply tells us which investments are moving faster than the entire market, or moving slower than the entire market. (…)

One of the best tools we have at our disposal is something called "relative strength."
Look, you can't beat the market, unless the investments you own ARE beating the market. (…)

Even More About The Bullish Percent Index
I've been getting questions about the bullish percent index, and playing offense or defense, like "if we’re on defense, will all stocks move down?" And "What if I don't want to sell these stocks? (…)

 

 Mullooly Asset Management Podcast: Even more about the Bullish Percent Index [3:44m]: Play Now | Play in Popup | Download

More about the Bullish Percent 
A question that’s often asked is, "if your signals suggest we are on defense, why does it seem like the market is still going up?"
Over the last few years, we’ve seen many pullbacks in the range of 5% to 8%. (…)

 

 Mullooly Asset Management Podcast: More about the Bullish Percent [3:41m]: Play Now | Play in Popup | Download

How the Bullish Percent Index works
To understand how the bullish percent index, our main coach, works, you need to begin with and understand three main concepts. (…)

 

 Mullooly Asset Management Podcast: How the Bullish Percent Index Works [3:33m]: Play Now | Play in Popup | Download

Our main coach, the New York Stock Exchange bullish percent chart has signaled this week it's time to bring the defensive playbook out. "Wealth preservation" becomes the key now. (…)

 

 Mullooly Asset Management Podcast: NYSE Bullish Percent [4:02m]: Play Now | Play in Popup | Download

Am I a broken clock?
Or is the rest of the world figuring out what we've been saying all along? (…)

 

 Mullooly Asset Management Podcast: Market Averages Head Lower [3:22m]: Play Now | Play in Popup | Download

A "buy signal" occurs when there is demand for a stock.
You know from Economics 101, anything in demand will see its' price rise. (…)