Blog

All Posts:

The Trend is Your Friend...UNTIL it Ends.

Stop worrying about market direction and take advantage of it!

Get the current trend of the S&P 500 delivered each Monday morning.

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit
Hope you like the commentary! Don't be a stranger, call me and let's talk about the markets! (512) 971-1274

Bulls Continue Advance

July 23rd, 2017

6 Minute Video With More Details – It was an up week for the S&P 500 last week. The S&P 500 finished up at .54% again putting the S&P 500 on new highs. The action was not quite as strong as last week as there was some selling on Friday to close the S&P 500 off the traded highs. The best bull bars close on their highs. The MSCI All World (ex USA) Index also finished up about a half percent, right at .53 percent. The action with the MSCI All World was slightly weaker as it gave up about half of the total gains from earlier in the week. When we compare the S&P 500 and MSCI All World Index, they are about neck and neck when we look at the last 12-months. We really want to see how price closes this month, but as it stands right now,…

Bulls Disappoint Bears

July 16th, 2017

Video – Get More Details about This Week’s Market Operation Plans Bear Market Risk and S&P 500 vs. the World Bear market territory is pretty far away. Our judge for bear or no bear is the momentum of the S&P 500, MSCI All World (ex-USA), and 1-3 Month Treasury Bills. So basically, we need the green and/or orange line to be below the red dotted line before either market is in bear market territory which means risk off. The S&P 500 and MSCI All World (ex-USA) index are pretty close in performance over the past 12 months. We are focusing more on international markets as the actual vehicles we buy/sell show the S&P 500 at a slight disadvantage since the end of May 2017.     Correction Risk of the S&P 500  The risk of a correction this week is higher than normal according to breadth. We saw a nice…

Correction Risk Increases

July 9th, 2017

Click Here to watch quick video of detailed market analysis and this week’s game plan. The short trading week during our Independence Holiday was also a flat week for the S&P 500. It ended up finishing the week up .07% after Friday’s close. The bears controlled price on Thursday and they had a really good chance to pull the rug out from underneath the bulls as the bears closed the S&P 500 lower than they have in over a month, but they could not. The bulls fought hard on Friday and were able to retrace the damage the bears did on Thursday. The S&P 500 is within a bear channel inside the trading range of the 2400 and 2450 level. The S&P 500 has weakened over the past several weeks compared to the start of the channel which is evident by the number of bearish bars vs. the beginning of the sideways channel….

Bears Deny Bulls – You Tube Channel in Full Swing!

July 2nd, 2017

It has been about a year in progress, but it has finally come to light. We have started to create weekly videos on whether or not we are in bear market territory, indexes we like, and financial commentary. If you would like to view the video for this week (or subscribe to the channel), just click the link below. I’d love to hear your feedback if you are willing. You Tube Channel: Red Oak Financial Asset Management This week’s price action is summed up to be another sideways week where the bulls or bears could not control the S&P 500 for more than a day. On Monday’s open the bulls raced to buy and the S&P 500 quickly moved higher before the bears stepped in and pulled the S&P 500 down and the bears continued their momentum into Tuesday closing the S&P 500 on it’s lows. Wednesday and Friday were days…

Bulls Start Week with Bang – Then Falter

June 24th, 2017

The bulls pulled off a great feat on Monday as they propelled the S&P 500 higher on the open and throughout the trading day onto new highs. Alas, Monday ended, Tuesday started and the bears took back price action erasing all of the work the bulls did on Monday. Throughout the remainder of the week the bulls and bears duked it out without either making any real progress. The S&P 500 finished the week up .21%.     Publicly traded markets move from trending (up or down) to non-trending (or sideways) consistently. Right now, the S&P 500 is back in the trading range that has formed since early June. Price did break to the upside, but failed and is now back in the middle of the sideways action. It seems like the bulls have a slight upper hand going into the week as the first target price of the bears was met by…