Yearly Archives: 2024

The S&P 500 continues to reach new highs on a weekly basis. But a major top could be forming right now. One of the most reliable indicators to anticipate market tops and bottoms has been the bullish percent index. The BPI is a breath indicator that uses a point & figure chart to determine when markets are overvalued… Read More »

The S&P 500 hit a record high this week of 4850 points. And it may continue moving even higher. 😀 But this doesn’t mean the overall stock market is doing well. In fact the Russell 2000, which is a more inclusive index of US stocks, is still down about 15% from its all time high back in late… Read More »