• May 27, 2020

    MARKETS TREND UP WITH ENCOURAGING COVID-19 STUDIES

    The S&P 500 has broken above the 200 EMA, which is a good sign the trend has changed back to the upside and a new bull market is taking hold. The HCM BuyLine® has now been positive for over 7 weeks and is still positive.
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  • May 20, 2020

    INVESTORS TIMID WITH ALL-TIME HIGH CASH BUILDUP

    Over the years, you have surely heard me talk about “cash buildup”. When cash builds up on the sidelines, sooner or later it is deployed back into the market, which pushes the market higher. This can happen for a long period of time. Well, investors are sitting on a record amount of cash/money market holdings. This does not even include short, intermediate, and long duration treasuries.
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  • May 13, 2020

    Biotech Breaks Out and States Continue to Open

    The HCM BuyLine® continues to do its job. We are oversold on a short-term basis, so a pullback is not to be unexpected, but the trend is up. Volatility is starting to subside with news of more and more states opening back up for business.
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  • May 06, 2020

    STATES RE-OPENING UPON GOOD NEWS

    The HCM BuyLine® is now into the fourth week of being positive. The S&P 500 looks like it is trying to break out as news comes out that multiple states are re-opening. The 20-Year Treasury Bond is starting to fade, as investors are selling the bonds and moving back into equites.
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  • Apr 29, 2020

    NOBODY KNOWS! THE IMPORTANCE OF A NON-EMOTIONAL SYSTEM

    The HCM Buy-Line® is positive after going into week three of HCM moving money back into the markets. The past three weeks have been a period of real-time education on why trading a non-emotional system is so important. We have seen several well-known investors, managers, and financial journalists saying we are going back to 2200, and a possible drop to 1700 on the S&P 500 with mass devastation and the world changing as we know it.
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  • Apr 22, 2020

    I NEVER PROMISED YOU A ROSE GARDEN

    This market reminds me of the song Lynn Anderson sang “I Never Promised You A Rose Garden”, even as the HCM BuyLine® has turned positive, that does not mean there will not be some unnerving days. It has been a rough start with the S&P 500 down 5% in the first two trading days of the week.
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  • Apr 14, 2020

    Market Compass Through Extreme Volatility

    The HCM BuyLine® went positive over the weekend, and we are re-adjusting our portfolio to start moving back into equites. We will be moving back in at a measured pace. I know some of you will be saying this could be a run up and then another fall, but we are very aware of the volatility that will be ahead of us.
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  • Apr 06, 2020

    NEW REASONS FOR OPTIMISM AMID FINDING A MARKET BOTTOM, DECREASING HOSPITALIZATIONS

    Has the market put in a bottom? It is too early to tell, but there are real reasons to be optimistic. We are feeling more optimistic that the bottom, in all probability, has been set with the low on 3/23 at the 2200 level on the S&P 500.
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