Fintech executive, writer, math geek, and investment systems developer. Founder and CEO of Altruist and Founder of FormulaFolios.

Bernanke speaks again today, will it rally or drop the market?

Bernanke speaks again today, will it rally or drop the market?

Since falling out of the strong uptrend channel last week, the stock market is making a run to get back where it was. It's still below the channel, but should make a decisive move in the coming days (either getting back in the uptrend and resuming the rally; or, failing and putting in an actual correction). See the chart below for what I'm watching. As this develops, I'll be sure to make an update video and let everyone know how this plays out.

Stay tuned...

Stock Market 2013

Stock Market 2013

Bernanke Spoke...and financial markets hated what he had to say.

Bernanke Spoke...and financial markets hated what he had to say.

Tactical Asset Allocation (TAA) Update - June 2013

Tactical Asset Allocation (TAA) Update - June 2013