I think it is. We had a huge reversal yesterday off the bottom of a few days ago and we’re entering the seasonally stronger months of June and July.
Expect some back and forth consolidation over the next few days with the next major move to the upside. I’m not ready yet [...]

Just as amazing as the march of stocks ever higher day by day into the end of April, we now find the mirror image, but in a much shortened time frame.
This is the much needed correction I was writing about in April necessary to restore fear into the hearts of investors. It’s always a [...]

I think so and that probably means a 7-10% upward rebound coming.
See this for another take on it:
http://tickersense.typepad.com/

Pretty scary so far, but this correction is much needed to restore the fear that drives bull markets higher.
Economic fundamentals are still improving despite all the negative news coming from overseas. Over time, I expect the Europeans to fix their problems. It’s just that at times like this, it always [...]

Is it possible that the correction that started last week is already over? Before high frequency trading and other ways of rapid fire computer trading came to the markets, corrections could last anywhere from a couple of months to a year. These days, its entirely possible that the correction that started last week [...]

Market volatility is starting to pick up along with economic indicators. Contrary to what logic would tell us, this is not necessarily bullish over the next few months. The stock market leads the economy anywhere from 6-9 months and we’ve had one huge rally since the bottom in March of 2009. The [...]