Market State 1 (Bullish): The S&P 500 continues its nice rally.  Most new market highs occur while in Market State 1.  As we wrote about in last week’s update, the Nasdaq continues to show strength over the S&P 500, which is a positive sign...

Market State 1 (Bullish): The Market, which is measured by the S&P 500, remains in Market State 1.  Most new market highs occur in Market State 1.  The flipside of that, is that market pullbacks often begin in Market State 1.  The Market has had a nice...

Market State 1 (Bullish): The S&P 500 has now entered into Market State 1 following a change in Canterbury’s short-term indicator, from negative to positive.  From Canterbury’s studies, most new market highs occur in Market State 1. The characteristics...

Market State 2: The S&P 500 remains in Market State 2, following a small advance in the market last week.  If you turn on the news, you will be flooded with headlines telling you that the S&P 500 is at a new high.  While this point might be true, the...

Market State- MS 2 (Bullish): The S&P 500 remains in Market State 2, and near the top of its recent trading range.  The Market has been moving sideways over the last few months, having yet to break to the upside or the downside.  Additionally,...