The Wall of Worry… Once more…

I have no idea who first used the expression “markets climb a wall of worry”, but it correctly describes the present situation. Two weeks ago, I felt that there was further upside in the stock markets that I follow (US, UK and SA). I still hold that view. Below I show a daily chart of […]

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Confirmed Down preceded by MTI Divergence

For what seems like months, I have been writing about the divergence between the price of the VectorVest Composite and the proprietary VectorVest MTI indicator. The MTI is a momentum indicator based on the combined rate of change of both the price and breadth of the Composite. The breadth is measured each and every day […]

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