President, CIO at The Practical Investor, LLC
Contributor's Links: The Practical Investor

Anthony M. Cherniawski is a principal of TPI. He has a Bachelor of Communication Arts degree from Michigan State University (1972). His business experience is as follows: 

Tony Cherniawski’s early success in the investment business came from a chance ... more


Sell In May And Go Away!
The VIX made its Master Cycle low on April 28 and has reversed course. It challenged the Cycle Top resistance at 38.77, closing beneath it. A rally above that level produces a buy signal for the VIX.
Models Suggest Rough Week Ahead For SPX
SPX declined to 2855.94, with a loss of nearly 4.6% on Thursday before a sharp reversal off the low recovered the bulk of the losses. However, it closed beneath Intermediate-term resistance at 2952.40.
SPX Declines To Intermediate-Term Support
SPX declined to bounce from Intermediate-term support at 2947.77 after breaking through round number support at 3000.00. The Cycles Model suggests a rapid decline ahead. Prepare for a potential “limit down.”
SPX Internals Reveal Massive Rotation
SPX​ reversed out of its Thursday morning high without breaking above the July 26 high. Market internals revealed a massive rotation underway but not a lot of new money.
SPX Rally Continues
SPX rallied higher, but the hopes for a new all-time high were dashed this week. Market internals revealed a massive rotation underway but not a lot of new money.
SPX Rally Stopped At Short-Term Resistance
SPX rallied to short-term resistance at 2946.62, but could not surpass it. SPX remains on a provisional sell signal, awaiting a close beneath Intermediate-term support at 2911.25 for confirmation.


NDX Nasdaq 100 Index
SPX S&P 500 Index
USO United States Oil Fund, LP
VIX Volatility Index CBOE



Latest Posts
Municipalities Suffer From The Pension Blues
Illinois does not allow cities to file for bankruptcy but that is the best word to describe many of them. East St. Louis is the latest.

Work Experience

The Practical Investor, LLC
President, CIO
January 2000 - Present (21 years 1 month)

The Practical Investor, LLC has acted as a sub-advisor for other Investment Advisory firms as well as a free-standing Registered Investment Advisor. It publishes newsletters and article covering up to seven or more indexes worldwide.

Pension Specialist
Principal Financial Group
September 1976 - December 2006 (30 years 9 months)

Tony became the first 401(k) specialist in the Lansing area in 1983. His knowledge of the technical aspects of the 401(k). His knowledge allowed him to grow his business with more than 30 corporate (401(k) plans as well as defined benefit plans and profit sharing plans.


Michigan State University
Bachelor's Degree
1968 / 1972
Communications/Education Arts