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Stocks rallied again on Friday making Thanksgiving week one of the most bullish weeks in many, many years. We know bear markets can have explosive rallies. So, is that what this was, or is the bottom in?

There are many things lining up suggesting that this market may have put in a bottom, but we are in a bear market and we have absolutely no proof that the bear market is over. That means we are also still in a "sell the rallies" mode until something tells us otherwise. The ...

I just finished watching Ira Epstein's Friday market report and realized the S&P closed well above the 18dma. Not sure what I was looking at Friday, but I had a different interpretation two days ago.

It doesn't change my position or my expectations. It does mean we are more ready for a pull-back than I thought. However, we are not overbought yet.

I have already spelled out much of my expectations for this week in my account thread, so I won't repeat myself here. It ...

Stocks continue to climb as the C and S-funds put up some huge numbers again on Wednesday as the pre-holiday seasonality strength did not disappoint. Will the post-Thanksgiving Day seasonal strength be able to penetrate resistance?

Seasonality says today should be a good one as well, but the S&P 500 has now moved up to the top of the descending bear trend line, so it will be interesting to see if this rally can continue. Today's volume will be very light (see the 2007 post T-Day ...

Stocks had a difficult time choosing a direction yesterday, but it was one of those games where the last one with the ball was going to win - and yesterday, that was the bulls.



The stocks funds had one of their more calmer days, but the S-fund did manage a 2% gain. In a "normal" world, 2% is usually a huge one day gain. Not so in this quarter. The bond fund finally saw a nice move higher as long term yields ...

One of my favorite investing books in which I highly recommend is The Coffeehouse Investor by Bill Schultheis. Mr. Schultheis was a broker for Smith Barney of 13 years until he decided enough was enough and opened his own money management firm Pacific Asset Management. He claims he couldn't take the stock picks, upgrades/downgrades and sell side analysis anymore so he focused his firm on asset allocation by way of index funds.

Warning: this book may be too boring for some, but it works. ...