Nasdaq Relative Strength Remains Flat/Declining

Posted on September 09, 2019

    Market State 6 (Transitional)- According to Canterbury’s Market States, the S&P 500 is still in a Transitional Market State 6.  The market has been in Market State 6 for the past 24 trading days and was caused by a spike in volatility (CVI) on August...

    The Market is in a Trading Range

    Posted on September 03, 2019

      Market State 6 (Transitional)- The S&P 500 is currently in Market State 6, a transitional market state that began 20 trading days ago (8/5/2019).  Small cap stocks, measured by the Russell 2000, are currently in Market State 12, a bearish Market...

      Market Risk is Increasing

      Posted on August 26, 2019

        Market State 6 (Transitional): We continue to be in a transitional Market State when looking at the S&P 500.  In this case, a transitional Market State consists of rising volatility- which is the result of outlier days. In just the past 15 trading...

        S&P 500 finds a Little Support

        Posted on August 19, 2019

          Market State 6 (Transitional)- The Market Environment (which is based on the S&P 500) remains in a transitional Market State 6 as indicated by Canterbury’s algorithms. This Transitional state was caused by a spike in volatility (CVI) on August...

          A Time to Own Bonds and a Time Not To

          Posted on August 12, 2019

            Market State 6 (Transitional)- The S&P 500 index remains in Market State 6.  Other indexes, such as the Nasdaq and Dow are also in Market State 6.  The EAFE (Europe, Australia, Asia and Far East) is currently also in Market State 6, but unlike...