Showing Life, but Not Commitment

PUBLISHED Jun 5, 2022, 12:45:32 AM        SHARE

imgTom Hamilton

June 3, 2022 – Interesting week, this past week. In the media I’ve heard: “The bottom is in, time to back up the truck” and then, “An economic hurricane is coming, get prepared.” Well . . . OK, looks like we’ve got two extreme predictions and the winner is: “Nobody really knows for sure.” The saying “Even a broken clock is right twice a day” comes to mind. Let’s look at the chart.

What do I see? I see a market that has many indicators positive and Bullish . . . but two things: 1. Look at the volume last week. Very low. You may say it was a holiday week, but in reality big trading firms have a staff on duty every week, regardless of vacations (they rotate throughout the summer) so there is always a trained staff manning the desks; they can’t afford not to. 2. What has changed? I mean has the Ukrainian war changed? Has the economic outlook changed (inflation, interest rates, etc.)? No and No.

What I’m getting at is let’s see IF the resent rally is anything to get happy about. Low volume = low commitment; period. Thanks but I’ll wait for at least some confirmation of a genuine rally before I get excited.

I remain in Energy and select Commodities, with a bit of Value exposure, plus Cash for the time being. That could change, but I need to see more. Have a good week. …………. Tom …………

Price chart by MetaStock; table by www.HighGrowthStock.com. Used with permission. *More sector comments at: www.Special-Risk.net *

I/we have a position in an asset mentioned

Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
Have a Pension Plan? You Still Need to Invest!

Exploring the Pitfalls of Relying on Your Pension Alone


During the pandemic, Zoom experienced fast accelerated growth with spectacular earnings. Its stock traded at among the highest prices in the market. Today, pre-pandemic cultures have resumed, and the video communications growth has slowed down. Is its stock still a buy?

Learning from Financial Advisors

A financial advisor helps clients manage their money. They offer a broader array of services and often assist with operational or short-term aspects of finances.


On May 25, 2022, Nvidia Corporation reported its first quarter fiscal 2023 earnings. The results beat stock analysts speculations especially based on the last quarter’s outlook.

Move-To-Earn: The New Disruptor In The Crypto Space

We will be exploring everything you need to know about this new disruptor in the crypto space and what makes it special.

Terra-LUNA announces a recovery plan, "LUNA 2.0": Here is how it has performed so far!

As astonishing as the recent turn of events in the Terra ecosystem is, the founder, Do Kwon, and his team have made unrelenting efforts to save Luna and UST. The following describes the cascade of events ever since, right into the recent Terra 2.0 project that is currently underway.

Smart Contract Languages You need to know as a Developer

This article will explore different smart contract languages you need to know to emerge as an expert blockchain developer. Before exploring these smart contract languages in detail, we would like to clarify some terms.

Is Astra Space Inc Still a Buy After Their SpaceTech Day?

Astra's SpaceTech day shed light on Astra's significant strides into space. But is it enough to invest in the company?

Credit Scores

It is essential to understand how credit behaviors and activities are considered in calculating FICO scores.

Bouncing into Next Week

market commentary

What to Know About IPO

That Hot New Company is Going Public

Using Money Tools

Many articles and blogs about getting finances together focus on using money management apps to stay organized and get on track.

The Most Expensive NFTs ever sold

Just how big is the NFT market? Also, you should know that most of these very expensive NFTs are tied to particular communities so that they can be held accountable in case of any loss. Well, you already know about the most popular NFT communities from our previous articles. This article will explore the most expensive NFTs ever sold and what makes them so expensive.

Retirement Funds Explained

IRA, Roth, 401(K) - What Are They?

A Possible Rally (?)

stock market commentary

Opening an Investment Account

This article is written to simplify the process. It provides information about what to look for when opening an investment account.

Investing: Income Vs. Growth

Should You Take Dividends or Reinvest?

Books on Personal Finance

Reading good money books teaches young and older adults how to manage money and invest wisely as soon as possible.

Resources for Publishers
Resources for New Investors