Author Archives: Michael Murphy

Radar Report – 1.20.22

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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...

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Radar Report – 11.21.19

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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...

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Market Outlook – 10.2.17

02
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....

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Radar Report – 3.16.17

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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...

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Market Outlook – 9.5.16

05
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....

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Market Outlook – 7.18.16

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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...

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Market Outlook – 3.21.16

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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...

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New Board for Comments – 12.22.14

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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...

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Flash Alert – S&P 500 and Gold – 2.15.14

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Feb 14
The march towards a double top near 1850 on the S&P 500 continues, and may have achieved its objective on Friday at 1838: (Thursday’s chart) I expect the advance to stall out now, and retreat to the 38.2% level that is now at 1801. There is a small chance...

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New Board for Comments – 9.15.13

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Sep 13
The S&P 500 continues to churn near its highs in the 1690-1700 range. Although the chracter of the market changed dramatically after the July 19 top date, marking an end to the 2013 upturn, the big downturn has not yet shown itself. We bonked against the highs for almost...

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