US Equity markets rejected a gap to new highs and closed on Friday with a bearish engulfing pattern. Engulfing patterns are notoriously unreliable except when they are not. This is similar in concept to the October seasonal where several devastating …
The new decade started on a tear with U.S. equities (led by the NASDAQ 100) making all-time highs yet again, but it backed off by Friday’s close.
The retracement was in response to news of President Trump ordering the killing …
The Dow, the SPY, and the QQQ all hit new all-time highs up another +.75% on average and look frothy.
Emerging markets and precious metals broke out of classic chart patterns to the upside and look poised for more.
The …
Nothing like an impeachment of the President to fuel the markets to new highs. Talking about counter intuitive, Tesla hit also all-time highs and closed out the week over $400, destroying short sellers who have lost billions in one of …
Equity markets blasted higher this week with virtually all global equities joining the party. Markets loved the good employment report in the US (unemployment levels at 3.5%) and of course a truce in the trade war with China. The excellent …
After a two-day correction back to its breakout level, the IWM vaulted to new 52-week highs on the back of an employment report that surprised even the most bullish analysts.
Last week’s price action revealed some very interesting shifts in …
US Equities once again shrugged off added geopolitical stress with several benchmark indexes hitting new highs this week.
This week new tensions appeared after Trump signed a bill supporting Hong Kong protestors. Henry Kissinger, 96, former secretary of State, relic/icon …
US Equities once again shrugged off the drama unfolding on the Congressional stage by closing down less than -.5%.for the week.
A possible trade deal with China offset the bad Juju of the impeachment hearings. That is good performance after …
US Equities shrugged off the political theater on Capitol Hill, the trade war with China, and assorted rebellions on multiple continents. Three out of the four key US equity indexes hit new all-time highs up another .75% on average, while …
This week’s Market Outlook is abbreviated due to our travel schedule. We taught a master class at TradersExpo in Las Vegas.
This week’s highlights are:
What Does The S&P 500's Tightest Range In 50 Years Mean For Stocks and Your Portfolio?
February 22, 2026
