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Bulkowski's Market Review
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Market
Industrials (^DJI):
Transports (^DJT):
Utilities (^DJU):
Nasdaq (^IXIC):
S&P500 (^GSPC):
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As of 08/18/2017
21,675 -76.22 -0.4%
9,095 -57.14 -0.6%
738 3.96 0.5%
6,217 -5.38 -0.1%
2,426 -4.46 -0.2%
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YTD
9.7%
0.6%
11.9%
15.5%
8.3%
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 22,250 or 21,500 by 09/01/2017 9,700 or 8,900 by 09/01/2017
750 or 710 by 09/01/2017
6,500 or 6,150 by 09/01/2017
2,525 or 2,425 by 09/01/2017
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Written by and copyright © 2005-2017 by Thomas N. Bulkowski. All rights reserved. Disclaimer: You alone are responsible for your investment decisions.
See Privacy/Disclaimer for more information.
This is the main gateway for significant events in the stock market. The conclusions I draw from this analysis are two:
- 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 1987 crash). 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 1929 stock market crash and the 2000-2002 bear market, 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
Written by and copyright © 2005-2017 by Thomas N. Bulkowski. All rights reserved. Disclaimer: You alone are responsible for your investment decisions.
See Privacy/Disclaimer for more information.
Moderate: a guy who makes enemies left and right.
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