- Exxon: Quarterly earnings and stock performance
Exxon reported nearly $12 billion in profits for the previous quarter recently. $12 billion! More net profits in one quarter, than ever recorded in the history of mankind.
And what did the stock do? (…) - Underlying Market Themes
 Looking at relative strength changes really helps to drive home underlying themes in the market. (…)
- How Smart is The Crowd?
Do you remember the television program, "Who wants to be a Millionaire"?The show was actually featured in a terrific book "The Wisdom of Crowds" by James Suriowiecki. (…)
- Cutting Losses Short
Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, "predicted". (…)
- It is So Easy…but Not Simple
The beauty of the Point & Figure chart is that the chart has no preconceived bias. (…)
- Citibank under $10 / share?
We've been saying for months to avoid real estate, financial, insurance, banking, and brokers. This past week, all of these sectors were taken behind the woodshed and slapped silly again. (…)
- One of Our Better Tools
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. (…) - Beating the 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. (…) - Cautious Optimism
Several indicators I follow have flipped positive recently.Â
That doesn't mean I don't want to run right out and invest every
last dollar back into this market today.Â
Here's why:
Â
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.Â
Well, just this week, as a group, these financial stocks gave
a relative strength SELL signal…
…for the first time in eleven YEARS. (…) - Defensive Steps, part 2
Should we just “sell everything†and raise cash when the market flips from offense to defense? The short answer is NO. (…)







