2016 | OnTheMark Investing

OTM Market Update – Still a Dangerous Market

January 24, 2016 by Mark Bates

Despite the 1.4% increase in the S&P500 index last week there is no reason to believe that this market is changing its tone. The attached technical charts still are negative for the S&P, including now a SELL signal on the S&P weekly. read more

OTM Market Update – 1880 is here – Reality Check

January 17, 2016 by Mark Bates

Last week I wrote that you should keep an eye on the S&P for a fall to 1880. We are here.

The market is oversold in the short term. You should fade the increases by selling into them to further lighten your equity position. The downside risk is far higher than the potentially missed upside opportunity. read more

OnTheMark Market Update – Keep Alert for S&P 1880

January 9, 2016 by Mark Bates

Last week I wrote:

“The holidays have left us with a feast of mixed signals. But for an intermediate term investor there is considerable doubt about this market. Small companies are not confirming, the recent advances have been on low volume, and long term indicators are decidedly negative. A 75-25 asset mix of bonds/cash to the S&P still seems the appropriate mix of risk and reward. As volume picks up in January we’ll get a better indication of market direction.” read more

OTM Market Update – Holidays over but no direction yet

January 3, 2016 by Mark Bates

As you can see from the 7 year picture of the S&P 500 chart below, we are seeing a mix of signals. MIcro and small caps are decidedly bearish, and the large caps are up over 1% since the last posting two week ago and while they appear to be good in the short and intermediate term periods, you can see in the last chart there is weakness in on the 5-min chart. read more

Miley Growth Fund

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Miley Income Fund

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