NO MORE MPT
BLOG & LEARNING

Client Presentation – Technical Analysis and Active Management

This Webinar zeroes in on Technical Analysis and Active Management—two strategies that protect your assets in times of trouble. Our equity portfolio shows positive results year-to-date. It currently leads the S&P 500 Index by double digits.

OCT 19 – MONDAY MARKET COMMENTS

It is just now occurring to the Fed. “Asset bubbles are possible with low interest rates?” “Who’da thunk it?” Indicators 1, 2 & 5 are risk on. Lumber is 6-9 month recession indicator. Along with XLU, it is risk off....

OCT 16 – FRIDAY MARKET COMMENTS

After the indices gapped down, intraday trading moved upward to end with a dirty gap on all three majors. The non-index stock universe is largely range bound. The last tax cut intercepted a bear market start in 2018 due to the business cycle. Market...

OCTOBER 15 – THURSDAY MARKET COMMENTS

OUCH! Delta reported passenger revenue collapsed 83% in Q3. It is burning $18 million/day = $1+ billion/month with $21B cash on hand. UAL has $19.4B in cash burning through a mere $25M/month which is improved from $40M three months...

OCT 14 – WEDNESDAY MARKET COMMENTS & REPLAY LINK

REPLAY LINK: https://attendee.gotowebinar.com/recording/6375849536929780751One more on the list of “market hopes” is a Blue Wave turning the Senate back to Democrat control. Republican control is considered a negative for the market as the probability...

OCT 13 – TUESDAY MARKET COMMENTS

“Happy days are here again” as the bank manipulation pushed tech higher with AAPL, AMZN & TWTR leading. Apparently, the goal is to have a higher market before the election. Perhaps, Trump isn’t as bad as getting Harris after hearing Biden ask his...

OCT 12 – MONDAY MARKET COMMENTS

"There is no means of avoiding the final collapse of a boom brought about by credit expansion." —Ludwig von Mises Friday’s close, the strongest week since July, presents positive technical market generated information. In Tuesday’s...

OCT 9 – FRIDAY MARKET COMMENTS

A stimulus bill will get through Congress though possibly not before the election. The amount differential seems to be Pelosi’s intent to fund state and local budgets which the Administration does not want to do. Hope for a compromise stimulus bill is...

OCT 8 – THURSDAY MARKET COMMENTS

And the saga continues: Airline aid is okay but Pelosi won’t help households without funding her additional pet projects. The market loves eternal hope with risk on raising interest rates and money leaves fixed income. Unemployment news is expected to be...

OCT 5 – MONDAY MARKET COMMENTS

Lockdowns were never justified, either in terms of the covid-19 risk or the staggering economic tradeoffs, which will be felt for decades. -- Jeff Deist, The Mises Institute Regardless, NYC is starting another round of shutting business and schools in...

OCT 2 – FRIDAY MARKET COMMENTS

President and Melania Trump tested positive for Covid-19. Perhaps, when they don’t die, the public will begin to realize the “cases, cases, cases” mantra from the media and several governors has been an irrational fear generator. More testing equals more...

OCT 19 – MONDAY MARKET COMMENTS

It is just now occurring to the Fed. “Asset bubbles are possible with low interest rates?” “Who’da thunk it?” Indicators 1, 2 & 5 are risk on. Lumber is 6-9 month recession indicator. Along with XLU, it is risk off....

read more

OCT 16 – FRIDAY MARKET COMMENTS

After the indices gapped down, intraday trading moved upward to end with a dirty gap on all three majors. The non-index stock universe is largely range bound. The last tax cut intercepted a bear market start in 2018 due to the business cycle. Market...

read more

OCTOBER 15 – THURSDAY MARKET COMMENTS

OUCH! Delta reported passenger revenue collapsed 83% in Q3. It is burning $18 million/day = $1+ billion/month with $21B cash on hand. UAL has $19.4B in cash burning through a mere $25M/month which is improved from $40M three months...

read more

OCT 14 – WEDNESDAY MARKET COMMENTS & REPLAY LINK

REPLAY LINK: https://attendee.gotowebinar.com/recording/6375849536929780751One more on the list of “market hopes” is a Blue Wave turning the Senate back to Democrat control. Republican control is considered a negative for the market as the probability...

read more

OCT 13 – TUESDAY MARKET COMMENTS

“Happy days are here again” as the bank manipulation pushed tech higher with AAPL, AMZN & TWTR leading. Apparently, the goal is to have a higher market before the election. Perhaps, Trump isn’t as bad as getting Harris after hearing Biden ask his...

read more

OCT 12 – MONDAY MARKET COMMENTS

"There is no means of avoiding the final collapse of a boom brought about by credit expansion." —Ludwig von Mises Friday’s close, the strongest week since July, presents positive technical market generated information. In Tuesday’s...

read more

OCT 9 – FRIDAY MARKET COMMENTS

A stimulus bill will get through Congress though possibly not before the election. The amount differential seems to be Pelosi’s intent to fund state and local budgets which the Administration does not want to do. Hope for a compromise stimulus bill is...

read more

OCT 8 – THURSDAY MARKET COMMENTS

And the saga continues: Airline aid is okay but Pelosi won’t help households without funding her additional pet projects. The market loves eternal hope with risk on raising interest rates and money leaves fixed income. Unemployment news is expected to be...

read more

OCT 5 – MONDAY MARKET COMMENTS

Lockdowns were never justified, either in terms of the covid-19 risk or the staggering economic tradeoffs, which will be felt for decades. -- Jeff Deist, The Mises Institute Regardless, NYC is starting another round of shutting business and schools in...

read more

OCT 2 – FRIDAY MARKET COMMENTS

President and Melania Trump tested positive for Covid-19. Perhaps, when they don’t die, the public will begin to realize the “cases, cases, cases” mantra from the media and several governors has been an irrational fear generator. More testing equals more...

read more

OCT 1 – THURSDAY MARKET COMMENTS

Wednesday’s trading pattern is familiar with momentum stocks nearly 2:1 on the downside. Early trading dominated by big firms propping up  index components in an effort to draw in retail capital and, failing to do so, then withdrawing capital evidenced by...

read more

SEP 30 – WEDNESDAY MARKET COMMENTS

Whether a feisty Presidential debate is the reason for the STOXX to decline overnight may be a stretch. Nevertheless, as a leading indicator of investor sentiment, the NYSE will open down today. Perhaps the STOXX heard ECB’s LeGarde announced...

read more

SEP 29 – TUESDAY MARKET COMMENTS

Monday, the preferred dealer network, which has money from QE, was focused on buying index components. However, it was insufficient to suck in retail or many small manager transactions. Momentum was low though issues with upward momentum, while still below...

read more

SEP 28 – MONDAY MARKET COMMENTS

Saturday, subscribers received a document describing the input, reasoning and current results for risk on/off.A continuation of Friday’s S&P rally to close above the 50-SMA would, also, be a close above the 9/2-16 descending trendline. A...

read more

SEP 25 – FRIDAY MARKET COMMENTS

We had a minor bounce yesterday inside the trading range within a continuing downtrend. BTD is a philosophy, a habit that is hard to break and not even good for you. While index returns finished positive, the issues with momentum were...

read more

SEP 24 – THURSDAY MARKET COMMENTS

Wednesday’s momentum stock scans were decidedly negative at 7:1 favoring sellers which is typical in a bear market. HFTs were generally inactive. Still no DP accumulation which would occur at a bear market bottom. IWM closed $0.02...

read more

SEP 23 – WEDNESDAY MARKET COMMENTS

The DJI closed below the 50-SMA for the 2nd day with a lower high. NASDAQ closed above the 50 and above the down trend line which is getting follow through pre-market. The S&P remained below the 50 closing at the down trend line. The first candle with...

read more

SEP 22 – TUESDAY MARKET COMMENTS

Buyers moving into the market on Monday did not alter the trading range condition. Checking charts on SPY, QQQ, RSP, NYSE & VALUG reveals all candles remain left of down trendlines and holding red vol stops. With tech down more than 10%, it did draw in...

read more

SEP 21 – MONDAY MARKET COMMENTS

Today is 126 market days from the 3/23 low. The Run from the Bottom has ended. This is the last day I am posting it. I am resuming 21 days for ranking and for new positions while we pinball around between the 20 & 50-SMAs. We are back at early August...

read more

NYFANG

If you don’t have a watchlist for NYFANG, here is a link to install one: https://www.tc2000.com/~xPLCNK

read more

ARCHIVES

The Drawbacks Of Target Date Mutual Funds

It is basically the “set it & forget it” retirement investment choice for the fiscally apathetic. Your investment choices may be very limited within a typical employer 401K plan. You most likely will have access to target-date mutual funds from only a single...

read more

Just say NO to Pie Charts!!

Just say NO to Pie Charts!! At one time in the past, color pie charts were the pinnacle of timely investment management advice.Not any more! Investment Portfolio Pie Chart You can always find one of the infamous pie charts when you thumb through your company’s 401K...

read more

ARCHIVES

Trades 9/28/2020

ALL,AG+Bought 30% TQQQ @ 127.2895AGBought 15% TQQQ @ 127.2895We r now neutral QQQ.  The charts and indicators are inconclusive.  An argument can be mad for either, 100% long, or short.  The political news just keeps getting worse, and the 1st debate btw...

read more

Today does not change anything…

The SP and the QQQ chart patterns r still negative.  1 day does not change the chart.  I maybe wrong, and really hope I am, but I believe the s*** will hit the fan big time tomorrow night, and the market will not like it.  Tomorrow at 5 PM, a Saturday no...

read more

A Bump in the Road?

End-of-Summer Market Update Dear Friend, Speed bump, stop sign, or red light? That’s the question many of us are asking. Let me explain. After cruising for the past five months, the markets screeched to a halt on September 3, the Dow dropping over 800 points, and the...

read more

Special Message from Jack Reutemann

Friends and Clients,We took a hit yesterday. Everybody took a hit. But it wasn’t too serious. The S&P 500 was down 3.51%, our aggressive growth model was down 4.75%. Tech took the biggest hit, and tech is responsible for much of our 21% YTD gains over...

read more

Forgotten 401(k)s

ZombiesThey’ll eat you alive! Failure to Rebalance - Zombie Sign #1 When was the last time you rebalanced your 401(k) or other retirement account? When you set it up, you took a fairly conservative approach and bought 60% stock mutual funds and 40% bond...

read more

Where Trillions Dwell

How Are Your Investments Doing Lately?  Receive A Free, No-Obligation 2nd Opinion On Your Investment Portfolio > Where Trillions Dwell Back in the 1980s, a popular Wendy’s commercial featured a soon-to-be-famous elderly lady peering at a small piece of hamburger...

read more

Heads or Tails?

Heads or Tails? Them’s your odds. Heads a normal, relatively healthy retirement. Tails long-term care (LTC). So it’s 50-50. Actually, the stats show differing percentages for men and women over 65. For men, 46.7% will need LTC, for women it’s 57.5%. 1 For all, roughly...

read more

Special Message From Jack Reutemann

Dear clients, family, and friends,I would like to provide you with a quick update to my Monday email. On Monday, we closed out our SPXS position (a triple short position on the SPY) and banked a profit of 63% in 17 days. We then remained 92% cash on...

read more

Client Email

Dear clients, family and friends,As a follow-up to last Monday’s email, I want to thank the dozens of people who wrote back with praise and thanks. Last week saw a 15% drop in the S&P 500. Meanwhile, our SPXS position shot up almost 45% for the week....

read more

ARCHIVES

Need One-On-One Coaching?