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


SPX Rallies To Intermediate-Term Resistance
SPX​ extended its rally to test Intermediate-term resistance at 2680.03. It has met the 50% retracement of its decline at 2644.00. Thus far it has been 16 market days from the December 26 low.
E Is It Time Yet?
VIX extended its Master Cycle low to futures and options expiration.
SPX Is Not Out Of The Woods
SPX continued its rally up to its Head & Shoulders neckline at 2595.00 and Short-term resistance at 2617.36, where it bogged down in the end of the week. These are critical tests that it must pass to remain bullish. SPX is not out of the woods.
SPX Continues Rally But Not Out Of The Woods
SPX continued its rally after a bounce from its 7-year trendline last week. However, it is likely to retest the uptrend from the October 2011 low at 2350.00 again. The media is upbeat, but the SPX is not out of the woods.
SPX Bounces From The 7-Year Trendline
SPX​ bounced from the 7-year trendline, avoiding the Bear Market for now. A Bear Market is defined as having a 20% or larger loss. By that definition, the Bear Market begins at 2352.73.
E VIX Broke Above The Head & Shoulders Neckline
VIX broke above the Head & Shoulders neckline at 30.00 on Christmas Eve, then pulled back to retest neckline support. The VIX has been on a buy signal since October. There appears to be no commentary on the VIX in the media.


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



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Work Experience

The Practical Investor, LLC
President, CIO
January 2000 - Present (19 years 4 months)

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