As of 03/27/2020   Indus: 21,637 -915.39 -4.1%     Trans: 7,699 -346.29 -4.3%     Utils: 759 +1.01 +0.1%     Nasdaq: 7,502 -295.16 -3.8%     S&P 500: 2,541 -88.60 -3.4%	YTD -24.2%   -29.4%   -13.7%   -16.4%   -21.3%	Targets    Overview: 03/15/2020     19,000 or 25,600 by 04/15/2020   6,700 or 9,000 by 04/15/2020   600 or 800 by 04/15/2020   7,000 or 8,400 by 04/15/2020   2,300 or 2,900 by 04/15/2020
CPI (updated daily): on 3/27/20

As of 03/27/2020   Indus: 21,637 -915.39 -4.1%     Trans: 7,699 -346.29 -4.3%     Utils: 759 +1.01 +0.1%     Nasdaq: 7,502 -295.16 -3.8%     S&P 500: 2,541 -88.60 -3.4%	YTD -24.2%   -29.4%   -13.7%   -16.4%   -21.3%
Targets    Overview: 03/15/2020     19,000 or 25,600 by 04/15/2020   6,700 or 9,000 by 04/15/2020   600 or 800 by 04/15/2020   7,000 or 8,400 by 04/15/2020   2,300 or 2,900 by 04/15/2020
CPI (updated daily): on 3/27/20

Bulkowski's Market Review

Last updated: 1/2/2019.

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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