The markets are still very volatile and without much direction. The Nasdaq has shown some promise for a summer rally.  We now have both long term and short term giving Buy signals for the Nasdaq.  Although, we have short term Buy Signals on the other indices, we are still somewhat bearish on the long term. [...]

I was asked by Gabriel Wisdom about oil, on his radio program this past week, and I had not been paying much attention to oil.  So I went back and took a look at how well the Wizard did . The Wizard gave us the Sell signal on all of the oil and gas drillers [...]

We have a sell signal. Get out of the market or sell short, or  hedge your long positions. All of our indicies have given sell signals.  This is a very volatile and unpredictable market.  With all of the extraneous political events internationally, we are in uncharted waters.  We never know when politics is going to [...]

It appears that we are going to make another move up.  All of the sectors have turned bright green except one. Another interesting happening was the fact that we went directly to bright green (buy signal) from bright red (sell signal).  This did not give us the warning of a change that we normally get [...]