Market action was mostly choppy and stocks ended basically flat yet again as Trump cancelled talks with North Korea. One exception was NASDAQ stocks led by Netflix (NFLX) which hit all-time highs, up over 7% for the week.
Many must …
Despite the headwinds of higher oil prices, surging interest rates (chart above is 1-3-year bond prices SHY) and higher industrial metals, US equity markets digested strong gains from the prior week ending down less -.5%. The exception was the Russell …
US Equities roared this week with each of the four benchmarks putting in a dazzling performance up over +2.5% on average, performing with immunity from what most students of history would say is more than a hairline fracture. The escalation …
Not quite outdoing President Trump, Elon Musk took on the media/ financial press when he refused to answer some questions during a conference call and then vowed to bury the shorts. But even Musk’s meltdown this week failed to tank …
Equity markets rebounded off recent lows this week after photos of the historic meeting between South Korean President Moon Jae-in and North Korea dictator Kim Jun-un (AKA “little rocket man”) were released.
President Trump is rightfully taking credit for the …
Last week stocks tried to move into a bullish phase by moving over the 50-day moving average, but ran into some head winds with rising rates, and a couple of sectors that turned upside down.
Since the February lows, the …
Due to the current market conditions and other factors (explained in the video) I combined the premium and free Market Outlook videos!
In this weeks video you'll discover:
Stocks are at a crossroad and this week’s Market Outlook videos will cover the following:
1) Key support levels in US Equities
2) What this week’s TSI (trend strength indicator) readings on US Equities are telling us right now
2) …
Market Outlook videos cover the current market environment in detail this week. In the videos I cover:
1) The recent breakdown and key support levels to look for in the two strongest US Stock Indexes
2) Price levels in the …
Market Outlook does not have any text due to heavy travel schedule.
In the video I cover a few themes in detail:
1) The recent breakdown and key support levels to look for in the two strongest US Stock Indexes…