Author Archives: Michael Murphy

Radar Report – 2.3.22

Feb 22

Dear New World Investor: The consensus forecast for Friday morning’s January payrolls addition is only +150,000, following December’s weak +199,000. Late last summer, Fed Chairman Powell said he wanted to see monthly payroll additions around +1,000,000 before he raised interest rates. Wall Street’s panicky projection of a 1.25 percentage...

Jan 22

Dear New World Investor: So the “hawkish” Fed said no change to their taper plans, they will consider a March interest rate increase, and they won’t sell bonds to reduce their balance sheet, they’ll just let the mortgage bonds mature. Really? With the rate of inflation about to start...

Jan 22

Dear New World Investor: The S&P 500 lost 3.8% since last Thursday as fears of interest rate increases, the omicron virus, and war in Ukraine ebbed and flowed. The Index is down 5.9% year-to-date. The Nasdaq Composite lost 4.4% as its advance/decline line registered a net negative reading for...

Nov 19

Dear New World Investor: On May 14, 2018, the Supreme Court struck down a 1992 Federal law that effectively banned state-authorized sports gambling, opening the door to legalizing the estimated $150 billion in illegal wagers on professional and amateur sports that Americans make every year. Nevada has had legal...

Oct 17

Dear New World Investor: The S&P 500 ended the week and the quarter with its fourth positive day in a row and at a new record high. The Nasdaq and Russell 2000 also finished at records. The Dow Jones Industrial Average looks like it will join them on Monday....

Mar 17

Dear New World Investor: A subscriber who extended her subscription at the special $245 rate last year asked if she could still extend for a second year at the $195 rate. So I set up a PayPal button to do that, and you don’t need a PayPal account to...

Sep 16

The S&P 500 looks like it is finally ready to break out to new highs over 2200. As the underinvested and bearish hedge fund managers get back from the Hamptons, the high fractal dimension on the daily chart can power a move that will put tremendous pressure on them....

Market Outlook – 7.18.16

Jul 16

Although the S&P 500 futures are up five points in overnight trading as I write, I’m expecting a consolidation week to build up the energy for the next leg up. That could mean sideways action just under the highs, but it is more likely to mean a drop back...

Mar 16

The Half-Price Annual Subscription Offer Is Closing For Good In A Couple Of Days Please click HERE to take advantage of it. There is enough fractal energy to keep the S&P 500 in the 2050-2060 range for the next six trading days to the March 29 turn date, but...

Dec 14

As we go into the slow holiday week, the S&P 500 will probably hang around current levels. The daily fractal dimension is up to 48 and climbing as the market consolidates. The short-term is up to 60, and can start a brief downtrend at any time. Gold also is...

Author Archives: Michael Murphy

Radar Report – 2.3.22

Radar Report – 1.27.22

Radar Report – 1.20.22

Radar Report – 11.21.19

Market Outlook – 10.2.17

Radar Report – 3.16.17

Market Outlook – 9.5.16

Market Outlook – 7.18.16

Market Outlook – 3.21.16

New Board for Comments – 12.22.14

Most Recent Comments