|technical analysis, trading systems, investing, market-timing methods, stock market, money management
Technical Market Indicators
Dow Theory, W.D. Gann, MetaStock, system tester, indicator builder, custom formulas, momentum, overbought, oversold, buy, sell, signals, top, bottom, Bull, Bear, consolidation, sentiment, contrary opinion
November 7, 2022
Preview from my weekly report*
Our asset management clients have made significantly positive relative returns while taking much less risk. We offer complete transparency, anytime access to your funds, and low fees. You keep control over your money. See: ColbyAssetManagement.com
Stock Market Outlook: We were not fooled by the media's disinformation.
The late October stock-market price rally was actually the second time (following the first time in August) that many investors were deceived by media reports of a potential Fed pivot away from aggressive interest rate hikes and toward moderation. "Fool me once, shame on you; fool me twice, shame on me." We were not fooled either time by the media's disinformation.
"It is very premature to consider pausing rate hikes," according to Fed Chairman Jerome Powell on Wednesday. Powell actually has delivered consistently hawkish statements in recent months. "Incoming data since our last meeting suggests that the ultimate level of interest rates will be higher than previously expected." Higher interest rates depress investment prices and the global economy, so this is another clear bearish warning for stock and bond investors.
The benchmark S&P 500 stock price index fell more than 3% last week and is now down 21% year-to-date. We remain skeptical of sharp short-term bounces that are typical of bear markets. Oversold bearish sentiment can make the stock market vulnerable to short-squeeze rally attempts--but when the major trend is bearish, rally attempts tend to fizzle out.
All of our Colby Asset Management clients remain safe. Our clients have outperformed the benchmark indexes over the past 5-years while taking much less risk than the passive buy-and-hold crowd. We always emphasize safety of capital as our first priority. Our clients are avoiding losses and preserving their capital while we wait patiently for the next high-probability market opportunity.
Our full report reviews indicators that we monitor every day and offers clear and unbiased guidance on the following each week:
Global stock markets
The Defensive stock sectors
The Health Care sector
The Cyclical sectors
The Technology sector
The Financials sector
U.S. bonds and notes
Commodities (Oil, Metals, Agriculture)
Objective Quantitative Rankings for hundreds of Exchange Traded Funds
Now is the time to take action. Preserve your capital by placing your assets under our careful management--before the next major bear market of -20% to -50% devastates most portfolios.
Make no mistake, the ongoing global economic and financial crisis has not been fixed by any sound or lasting solution. History shows that the authorities will not protect you or give you any advance warning--but we will.
If you agree that making money while staying safe is better than taking big risks in the stock market and exposing your nest egg to potentially ruinous losses, we would be very happy to implement our time-tested strategies for all of your assets. It makes good sense to choose protection--especially at this time when the financial world is stretched out of proportion.
We are always happy to discuss your goals and concerns and answer all your questions.
Call us now for a free consultation.
by phone: 646-652-6879
or by email: firstname.lastname@example.org
*For extensive coverage of major global markets with illustrative charts, take a free trial for my weekly report --
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11-Year Outperformance by the
Top 10 Exchange Traded Funds
Weekly Rankings of Major Trend Relative Strength
My weekly Top 10 ETFs ranked by the Major Trend Relative Strength outperformed the S&P 500 by over an 11-year period of real-time weekly tests. Click here for a graph of simulated performance.
Please note that my ETF rankings are available by subscription--NOW WITH A NO-RISK FREE TRIAL.
See The Colby Global Markets Report (click here).
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My latest book was named one of the top investment books by Stock Trader's Almanac 2005. This book also received an excellent review in the November 2003 issue of Futures.
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MetaStock® is a powerful technical analysis software program for your personal computer. It offers more than 250 built-in indicators and line studies to enable you to explore a wide variety of methods. And it empowers you to build, back test, and optimize custom trading systems to suit your own particular requirements.
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My ETF Rankings are not investment advice. Rather, they are an objective ongoing research study.
Analysis of market forces may offer a sense of probabilities. But the many variables that can impact market prices are notoriously difficult to predict. And, market analysis is something less than an exact science. So, sound trading tactics are always recommended. See my Money Management Rules.
According to CFTC Rule 4.41, hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
Trading and investing involve risk of significant loss. Your use of this site means that you have read, understood, and accepted my Disclaimer.
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