Michael Carr | TalkMarkets | Page 1
Michael Carr is an American investor, a Chartered Market Technician (CMT) and a contributing editor for Winning Investor Daily. He is a longtime member of the Market Technicians Association (MTA), where he serves as the editor of its newsletter, “Technically Speaking.” He is ...more

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A Buy Signal For Everything
Asset prices are too high. But they could go higher. Here's why the bull market should continue for months, delivering large gains to investors willing to ignore the conventional wisdom.
The End Is Near
When the next bear market comes, this money will drive downside risks when investors see stock prices go down as well as up. Billions of dollars are in leveraged ETFs. They will lose money twice or thrice as fast, as plain vanilla funds are another source of selling pressure.
I Saw This 1 Chart … And Now I’m Bullish
To monitor breadth, I like to watch the percentage of stocks trading above their 200-day moving average (MA). The important level to watch is 65%. We have a bull market above that level. When less than 65% of the stocks in the S&P 500 Index are above their 200-day MA, the market usually declines.
This Could Be The End Of The Bull Market
According to S&P Dow Jones Indices, companies in the S&P 500 bought about $120 billion worth of their own stock last quarter. This was down from a year ago. It’s the fifth consecutive quarter that the amount spent declined compared to a year ago.
Homebuilders Now Know How To Squeeze Consumers
New homebuyers face limited choices and high prices. The average new home sells for almost $315,000, well beyond the means of the average household. That’s unlikely to change since supply will remain low if builders choose to keep it low.
Pop Music Warns Of A Stock Market Correction
The idea is simple. Cheerful and fun songs are popular during positive mood periods, and somber or bitter songs proliferate in negative mood environments, according to socionomist Robert Prechter.
Some Homeowners Are Still Down Even After A 79% Rally
The S&P/Case-Shiller NV-Las Vegas Home Price Index fell 62% from its 2006 peak. At the low, homeowners who bought the top needed a 162% gain to get back to breakeven. They are moving closer to breakeven, but many are still years away from the home prices of 2006.
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