Friday, February 05, 2016

ICBM's only run on solid rocket fuel, as do stocks............

My opinion on the market is primarily a function of the hundreds of individual charts I look at throughout the day.  When I see a large number of stocks moving on volume increases I take note.  Volume is key to my decision making.  I need institutional demand on my side. When the big players are piling in it gives me greater confidence that a meaningful price move will produce some upside momentum.  I think of volume as the rocket fuel that drives a stock.

It doesn't matter how good a stock is if it doesn't have the rocket fuel.  Volume shows ignition.   Spring follows winter.  Keep your powder dry. 

It's a nasty environment out there.  Thank you Bernanke, Geitner, Yellen, the Fed, Congress, etc............ We are in a bear market.   That said, the risk of a massive spike upward is possible before we resume the inevitable downside due to central bank printing.  

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CHIPPEWA PARTNERS, Native American Advisors, Inc. is a Registered Investment Advisor, founded by Dean Thomas Parisian in 1995. The firm is a manager to an exclusive clientele and is closed to new clients. As a Registered Investment Advisor, our expertise developed over 35 years balances experience, integrity and tremendous work ethic. Dean Parisian is a member at the White Earth Reservation of the Minnesota Chippewa Tribe, a former NYSE and FINRA arbitrator and trader who began his career with Kidder Peabody and later worked for Drexel Burnham Lambert in LaJolla, CA. His philanthropic interest is in Native American education and he's endowed a significant scholarship for Native Americans at the University of Minnesota. His greatest accomplishment includes raising two sons and 26 years of marriage. The Parisian family enjoys outdoor pursuits at Pamelot, their farm in Tennessee and at the Ghost Ranch, their ranch on the Yellowstone River in Montana. For media requests contact the firm via email: ChippewaPartners (at) gmail dot com, on Twitter: @DeanParisian. Global 404-202-8173