As we saw in last week’s post the SPY and the VIX charts are not flashing any warning signals, but we also want to keep an eye on general market and economic conditions.
One of the people that I regularly check is the Calafia Beach Pundit. He posts only once or twice a month but I think that it is worth reading. He shows some great charts and makes excellent observations on what they are really showing.
If you’re keeping an eye on the tide – and aren’t we all? – his blog is a good place to start.