Stock market hits critical level

Stock market hits critical level

Given the recent volatility in the stock market, I thought it would be helpful to share with you a few charts and data points that can be useful in this type of market environment. When trying to forecast the direction of stocks and the overall stock market, traders and portfolio managers use different types of technical analysis. One of the more popular tactics is identifying a stock’s resistance and support levels. The stock market has ceilings (resistance) and floors (support), otherwise known as tops and bottoms. These support and resistance levels are important…Read more
Welcome to 2016!

Welcome to 2016!

Welcome to 2016! What a wild ride for the markets to start the year. As bad as 2015 was for most investors, 2016 seems to be giving investors a dose of the same illness: volatility, volatility and more volatility. 2015 was one of the few years on record in which all asset classes performed poorly. The S&P 500, Russell 2000 and the Dow Jones were all negative. Surprisingly, even investing legend Warren Buffet’s fund had a losing year finishing the year down 12.48%. So for many investors, 2015 is a year to forget.…Read more