“Trade what you see; not what you think.” – The Old Fool, Richard McCranie, trader extraordinaire.
"This is maybe the most dangerous market of my career, and that includes 1987's crash, that includes the savings and loan debacle market of the early '90s, that includes the 1999 to 2009 lost decade in the S&P 500 in the dot-com bubble. This is the most difficult market of my 45 years." - Bill Smead, Smead Value Fund (SMVLX), May 2025.”
“Jonathan Ross [ICE Officer who shot Renee Good in Minneapolis] is the man who Renee Good was in the process of harming -- perhaps intending to kill, even -- on the morning of Jan. 7. Faced with a split-second decision, he shot a woman who was using her car as a deadly weapon against Immigration and Customs Enforcement officials … We now know who he is because of the gravity of the case and, thanks to an insufferable internet Karen who doxed him, where he lives. Only this time, it backfired. Now, she's the one out of a job, she's the one facing the consequences of doxing, and she's the one who's deleting her content. The agent, identified as Jonathan Ross, was hospitalized following the shooting…” Story at…
Leftist Woman Tries Doxxing ICE Agent Who Shot Renee Good, Instead Doxes Herself Creating Nightmare Scenario
“The ICE agent who fatally shot Renee Good during a January 7 encounter in Minneapolis suffered internal bleeding to the torso, the Department of Homeland Security (DHS) confirmed to Newsweek on Wednesday.” Story at…
ICE agent suffered internal bleeding after Minneapolis shooting
My cmt: Given how much the Trump administration lies, one wonders if that means he had a bruise? More to come?
“Wall Street thought it had an ally in Donald Trump. He’s becoming more of an adversary.
The president largely delivered to investors last year, as his administration cut taxes, reduced spending and rolled back an aggressive tariff plan after it spooked markets. Now, after blindsiding Wall Street with a series of rapid-fire moves in the span of a week, Trump appears to be putting it on notice. He has sought to block large investors from buying houses, called for a cap on credit-card rates and announced restrictions on executive pay and stock buybacks.” Story at…
https://www.wsj.com/market-data/stocks?mod=md_home_overview_stk_main
“US wholesale inflation picked up speed in November, pushed higher in part by fast-rising energy prices, according to shutdown-delayed data released Wednesday. The latest Producer Price Index report showed that prices rose 0.2% in November from the month before, resulting in an annual rate of 3%...” Story at…
https://www.cnn.com/2026/01/14/economy/us-ppi-producer-price-wholesale-inflation-november-october
“Retail sales rose a better-than-expected 0.6% in November, following a revised 0.1% decline October, according to the Commerce Department. The report was delayed more than a month because of the 43-day government shutdown.” Story at…
https://abcnews.go.com/Business/wireStory/retail-sales-rose-expected-06-november-holiday-season-129200424
“Existing-home sales increased by 5.1% in December, according to the National Association of REALTORS® Existing-Home Sales Report… "2025 was another tough year for homebuyers, marked by record-high home prices and historically low home sales,” said NAR Chief Economist Lawrence Yun. "However, in the fourth quarter, conditions began improving, with lower mortgage rates and slower home price growth.” Press release at…
https://www.nar.realtor/newsroom/nar-existing-home-sales-report-shows-5-1-increase-in-december
-Wednesday the S&P 500 declined about 0.5% to 6927.
-VIX rose about 5% to 18.53.
-The yield on the 10-year Treasury declined to 4.136% (compared to about this time prior market day).
XLK – Added 11/26/2025 & 12/1/2025
SPY – Added 12/1/2025.
NVDA – Added a small position 12/1/2025.
SSO – Added 1/7/2026.
At the close today, of the 50-Indicators I track, 2 gave Bear-signs and 19 were Bullish. The rest are neutral. (It is normal to have a lot of neutral indicators since many of the indicators are top or bottom indicators that will signal only at extremes.)
The daily, bull-bear spread of 50-indicators declined from +18 to +17 (17 more Bull indicators than Bear indicators), a BULLISH indication. I consider +5 to -5 the neutral zone. The 10-dMA curve of the spread (purple on the chart above) that smooths daily fluctuations continued higher, a BULLISH sign.
I’m bullish and fully invested.
TODAY’S RANKING OF 15 ETFs (Ranked Daily) ETF ranking follows:
The top ranked ETF receives 100%. The rest are then ranked based on their momentum relative to the leading ETF.
*For additional background on the ETF ranking system see NTSM Page at…
http://navigatethestockmarket.blogspot.com/p/exchange-traded-funds-etf-ranking.html
For more details, see NTSM Page at…
https://navigatethestockmarket.blogspot.com/p/a-system-for-trading-dow-30-stocks-my_8.html
I trade about 15-20% of the total portfolio using the momentum-based analysis I provide here although I don’t trade as much as I used to. When I see bullish signs, I add a lot more stocks to the portfolio, usually by using an S&P 500 ETF as I did back in October 2022 and 2023.
