You Can’t Make a Horse Drink Water

June 16, 2020

There is an old expression that you can lead a horse to water but you can’t make the horse drink. It’s an apt analogy to what’s occurring in the U.S. economy. The economy is opening after the shelter in place rules in all 50 states were lifted in the last half of May. But getting […]

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S&P 500 Island Reversal Lower Is Bearish

June 16, 2020

Island Reversals in a major average like the S&P 500 are rare and are reliable indicator in signaling that a trend change has just occurred. As such an Island Reversal can identify a bottom after a lengthy or deep decline, or a top after a rising trend has run its course. Since Island  Reversals occur at […]

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