sell signal

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.

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. (…)

The indicators flipped to defense this past week.
What does that mean?
Well for many of us, we have a LOT of money already in cash. so we're properly positioned. But now what? (…)

All these firms hold the same investments.
There is STILL considerable risk in the group.
Why did this happen to just Bear Stearns? (…)

UPDATE: Sunday evening, 03/16/2008: Bear Stearns to be acquired by JPMorgan Chase for $2.00 in stock swap deal.
That is NOT a typo!
The stock closed at $30 on Friday. On Thursday, it was $57.00. (…)

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

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. (…)

Now, sometimes the "short-term" turns into the "long term," so we'll monitor what unfolds in the next few days. And keep you posted if conditions change. (…)

 

 Mullooly Asset Management Podcast: Volatile Stock Market: Play Now | Play in Popup | Download

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. (…)

So…is It Too Late To Sell?
No. Not too late. Most everything remains on sell signals. (…)

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

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

Several indicators I follow have flipped positive recently. 
That doesn't mean I don't want to run right out and invest every
last dollar back into this market today. 
Here's why:
 
Financial stocks make up 20% of the S&P 500 Index.  At 20%,
financial stocks are the largest piece of the S&P 500, one of
the most widely watched "yardsticks" in the industry. 
Well, just this week, as a group, these financial stocks gave
a relative strength SELL signal…
…for the first time in eleven YEARS. (…)

The indicators I follow are starting to give back some ground.  Not enough for a reversal, or a sell signal.  But it’s the first few cracks we’ve seen in a market that has gone nearly straight up since late summer. (…)