With all the bad news out there it is sometimes difficult to keep in mind that investor capital never stops chasing opportunity, no matter what the circumstances. Read More

Cryptic remarks by Fed Chair Janet Yellen this week regarding future rate hikes caused the stock market to dither, but lit a fire under the bond market. The yield on the 30-year Treasury bond dropped from more than 2.75% last Friday to less than 2.50% when Yellen admitted during congressional… Read More

It had to happen sooner or later; after soundly beating the overall market in 2015, the tech sector is now taking its turn under the harsh glare of market scrutiny. As a result, the tech-heavy NASDAQ Composite Index declined 5.5% the first week of February, coming on the heels of… Read More

One of my favorite war stories is “The Man Who Never Was,” about a British scheme to deceive the Nazis during World War II by planting misinformation about an upcoming invasion on a corpse made to appear to be a drowned naval officer, the non-existent Royal Marine Major William Martin. Read More

For the first time since we launched STI over two years the total return for the NASDAQ Composite Index is virtually identical for the trailing one week, four weeks, and twelve months at roughly -0.5%. Read More

There is a widely held belief among technical traders that after testing a support level three times the index must move strongly one direction or the other, either dropping through it on the downside to its previous support level, or zooming up past its previous highs. We will soon find out if it holds true this time. Read More

This week’s snowstorm across much of the eastern half of the country has been accompanied by the usual clips of cars sliding backwards down icy roads. Those are sickening sights, but not as sickening as watching global stock markets sliding backwards, pushed by China’s slowing economy and plummeting commodity prices. Read More