We are now only two weeks away from what my systems are telling me should be a major market correction. My advice to you is to raise stops and consider taking profits. That is of course, if you happen to not believe that the Federal Reserve can simply overwhelm a… Read More

An historic Federal Open Market Committee (FOMC) meeting is being held this week. The results of that meeting could have a significant impact on what the market does for the month of November and beyond. We get the results of… Read More

I continue to be very uneasy about the market and believe it could begin trending lower at any time, so my natural inclination is buy inverse exchange-traded funds (ETFs). These are baskets of stocks that move higher when the market moves lower. I gave you a great inverse ETF a couple of weeks ago, ProShares UltraShort S&P 500 (NYSE: SDS). I recommended this ETF because my systems were telling me then, and they continue to tell me now, that this market could move lower in the near term — perhaps a lot lower. But, what… Read More

I continue to be very uneasy about the market and believe it could begin trending lower at any time, so my natural inclination is buy inverse exchange-traded funds (ETFs). These are baskets of stocks that move higher when the market moves lower. I gave you a great inverse ETF a couple of weeks ago, ProShares UltraShort S&P 500 (NYSE: SDS). I recommended this ETF because my systems were telling me then, and they continue to tell me now, that this market could move lower in the near term — perhaps a lot lower. But, what did the market do last week? It moved high enough to stop us out of the SDS trade. But remember: I am a rules-based investor. I have rules for getting into a position and rules for getting out. The rules for getting in are still flashing “Short!” But just because I have a rule that tells me when to short the market, it doesn’t mean that I ignore my rules for getting out of a trade. There is an old saying that the market can remain irrational longer than you can remain solvent. One of these days,… Read More

You have undoubtedly heard that various components or asset classes of the market are, from time to time, manipulated. “Manipulating the market” means that by some purposeful and sometimes with nefarious intentions, a market that should move higher, moves lower… or, as in the case of September, the market moved… Read More

My top-rated stock this week (out of more than 6,000 stocks and ETFs) is a basic materials company that focuses on industrial metals, minerals and oil and gas. In general, I like the basic materials segment of the global economy and even more so… Read More

I have been warning readers of my premium Mastering the Markets service for the past few weeks that mid-September looks to get ugly unless you plan on being short the market — which is my plan. Below is my time-cycle forecast for the S&P 500 for the next few weeks: This coming week looks to be a shorting opportunity. I will be selling into an expected rally that will last only until either the end of this week or early next week. Then, as you can see, if the time-cycle… Read More

I have been warning readers of my premium Mastering the Markets service for the past few weeks that mid-September looks to get ugly unless you plan on being short the market — which is my plan. Below is my time-cycle forecast for the S&P 500 for the next few weeks: This coming week looks to be a shorting opportunity. I will be selling into an expected rally that will last only until either the end of this week or early next week. Then, as you can see, if the time-cycle forecast proves to be correct, the market could begin a stair-step move from about 1120 to near 1020 — a decent opportunity to make money if the trend holds. #-ad_banner-#I prefer to buy inverse exchange-traded funds (ETFs) in falling markets, rather than shorting individual stocks. The reason is entirely due to risk. A positive exogenous event can occur at any time with any individual company that could push it from a declining trend to a spike higher. It is the risk of these potential upward spikes that put more risk on an individual short trade than I… Read More

Oil looks to be on the way down and I have a way you can potentially take advantage of the opportunity with an inverse exchange-traded fund (ETF) First, I want you to take a look at the chart for the… Read More

Rarely do I see so many equities in the same sector come up as “top picks” as I have seen this week in my research. Normally, there will be a small bias to one sector or another, but 80% of the top 20 scoring equities are all from the same… Read More

As a trader, I believe it is critically important to have one of three biases at all times: bullish, bearish or neutral. Certainly, I can be bullish with regard to one segment of the market while being bearish on another. In fact, I consider 30 different aspects… Read More

I believe the odds of a double-dip recession in 2011 are high — very high. The U.S. and global economies are struggling. You might think that good earnings reports here in the United States are indicative of an… Read More