Monday, May 6, 2013

An even better time to sell.

With the NASDAQ near the 3400 mark and the SP500 at record highs now is the time to sell off some of your stock market portfolio. The old adage sell in May and go away is very true this year. This market has gone straight up since mid November. I doubt it will continue.

Tuesday, January 29, 2013

Time to sell!
The NASDAQ closed at 3154 today. That is a nice high. In my opinion I believe the market will trade lower than today at some time in the next few months. My mathematical model is giving sell indiactors at this time. If you got into the market on my last buying signal you would have bought on November 13 when the NASDAQ  closed at 2883. With the S&P 500 trading near record highs it is not the time to be in the market. The market is up 10% in the last 10 weeks.