Stock Market Struggles, Recession Threat Minimal

Yesterday the market experienced a follow-through day according to Investor’s Business Daily, only to open sharply lower today and continue lower most of the day.  Overall, the action today increases the odds this correction is going to continue but there is little evidence, if any, we are going into a sustained bear market or recession. […]

The Fed Is A Hostage

The Fed is on the verge of a new cycle of cutting interest rates.  This free Macro Watch video, from Richard Duncan Economics, explains what has forced this important shift in Monetary Policy and what lower interest rates could mean for the stock market and the price of gold. Dightman Capital subscribes to Richard Duncan’s economic […]

Spare Us the GDP Agony – Brian Wesbury, First Trust

Real GDP grew at a 2.6% annual rate in the fourth quarter, and while some analysts are overly occupied with this “slowdown” from the second and third quarter, we think time will prove it statistical noise.  Even at 2.6%, the pace is a step up from the Plow Horse 2.2% annual rate from mid-2009 (when […]

Inspiring Podcast by Great Investing Minds

Check out this podcast by one of our top investment providers, ARK Investment Management.  In Episode 9 of FYI (For Your Innovation) you are going to hear from three people.  The conversation is led by moderator James Wang (ARK Analyst) as he facilitates a conversation between Catherine Wood (ARK CEO/CIO) and Dr. Art Laffer (Laffer […]

The Big Four Indicators (12/7/18)

The Dshort website (part of Advisor Perspectives) hosts an incredible about of economic and market data.  Periodically I feature some of their work, specifically The Big Four Indicators update.  Taken together, these four indicators covering income, employment, retail sales and industrial production are thought to be an excellent monitor of the overall health and direction […]

Sellers Push Markets Lower; Most Stock Breakouts Hold

After a swift and intense decline in October, U.S. stocks are trying to rally but face renewed selling pressure in November. One of the current challenges is the performance of international stocks.  The economic recovery and central bank policies of Europe, Japan and China continue to lag results in the U.S.  This divergence has created […]

How Stocks Fared Following Midterm Elections

How Stocks Fared Following Midterm Elections Bob Carey, from First Trust Advisors, provides the following chart on stock market returns for the calendar year following midterm elections.

Brutal Correction

Back on October 15th in market commentary I wrote, “A scenario is developing which could push stocks further into the red in the coming days and weeks…” On October 20th I wrote, “I do not expect the current situation to resolve itself quickly.” To be fair, the stock market could have moved higher from each […]

Triggered Alerts – 10.23.18

Immediately at the open this morning I had two alerts trigger.  One alert was for stock based investment that was under selling pressure.  The volume of shares traded immediately at the open was much larger than normal.  Overall, the price was down around 2%; firmly below the 200dma (black line).  As I suggested in recent […]

Evaluating Current Market Support and Breakout Levels

Stock market trading settled down this past week providing an opportunity to evaluate trading levels and set technical alerts for support and breakout points. Below is a snapshot of a equity investment I follow closely. As you can see in the chart, it has been seven days since the investment closed below the 200 day moving average (Black Line […]