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A Surprising Uptrend

Article By: Douglas Gammons

Saturday, March 2, 2024 1:20 PM EDT

Have you ever seen such a beautiful uptrend? Since the late October low, the market has moved higher. And yet, since mid-January, I have been saying that I couldn't discern the direction of the short-term trend.

In this article: XAR, IYT, PKB, SPY, XLB, XRT

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The Short-Term Trend Is Uncertain, But Stocks Are Showing Momentum

Article By: Douglas Gammons

Sunday, February 18, 2024 12:40 PM EDT

I'm still not certain about the short-term trend in the markets, but I can see that most stocks are now showing bullish, upward momentum. Although the PMO index has been choppy over the last four weeks, it is now definitely trending upwards.

In this article: DBC, NDX, SPX, DJI, XAR, IYT, XLK, SBIO Also: TLT, SOXX

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A Nice & New Short-Term Uptrend

Article By: Douglas Gammons

Sunday, November 5, 2023 3:50 PM EDT

We finally got a nice, new short-term uptrend after months in which the short-term cycle was unclear. It was important to deploy cash into stocks quickly because the PMO index has already moved close to the top of its range.

In this article: XAR, QQQ, JNK, KIE Also: TLT, USO

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