As of 04/20/2021   Indus: 33,821 -256.33 -0.8%     Trans: 14,895 +96.09 +0.6%     Utils: 933 +12.54 +1.4%     Nasdaq: 13,786 -128.50 -0.9%     S&P 500: 4,135 -28.32 -0.7%	YTD  +10.5%    +19.1%    +7.9%    +7.0%    +10.1%	Targets    Overview: 04/15/2021     34,800 or 32,900 by 05/01/2021   15,200 or 14,000 by 05/01/2021   950 or 885 by 05/01/2021   15,000 or 12,900 by 05/01/2021   4,400 or 3,900 by 05/01/2021
CPI (updated daily): on 4/19/21

As of 04/20/2021   Indus: 33,821 -256.33 -0.8%     Trans: 14,895 +96.09 +0.6%     Utils: 933 +12.54 +1.4%     Nasdaq: 13,786 -128.50 -0.9%     S&P 500: 4,135 -28.32 -0.7%	YTD  +10.5%    +19.1%    +7.9%    +7.0%    +10.1%
Targets    Overview: 04/15/2021     34,800 or 32,900 by 05/01/2021   15,200 or 14,000 by 05/01/2021   950 or 885 by 05/01/2021   15,000 or 12,900 by 05/01/2021   4,400 or 3,900 by 05/01/2021
CPI (updated daily): on 4/19/21

Bulkowski's Market Review

Last updated: 1/4/2021.

This is the main gateway for significant events in the stock market. The conclusions I draw from this analysis are these:

• If a major shock occurs that takes price down dramatically, buy soon after, perhaps within a week. This occurred on 9-11 and Black Monday (the crash of 1987). Early entry means you get in near the bottom of a fast recovery. The downside is, the recovery will be like an ugly double bottom or a dead-cat bounce -- a bounce upward with the second low above the first. That is fine so long as you get in near the low and not near the top of the bounce.
• For bear markets, like the crash of 1929, the 2000-2002 bear market, and the Covid Crash of 2020, then you have to call the bottom correctly before adding new positions. Taking your time before jumping in may mean missing a few points of the rise, but it helps avoid markets that climb some before continuing down.

This page is dedicated to Ronda Palm who gave me the idea... Thanks Ronda.

-- Thomas Bulkowski

 

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