The double reverse surprise occurred this week when the equities market seemed stunned after Greece forgot to remit an interest payment to the IMF. US indexes sold off 2%, the largest one day move in several years. It also ended …
In a surprisingly eventful landmark week for President Obama, US Equities markets sold off yet again, after running hot the prior week. The SPY (S&P 500) moved back to the middle of its recent trading range while the Russell 2000 …
The Greek drama continues while its new administration called up all its lifelines. This ranged from pleading with its EU bankers to change terms, to potentially cozying up to Russia. The last thing NATO needs is Greece in Putin’s paws.…
US Equity markets seesawed this week and ended marginally up, but the benchmark SPY closed under the 50 day moving average. The sagas of the Greek debt crises, when or if Yellen and the Federal Reserve will raise rates, along …
Stocks had yet another lackluster week with sideways choppy action as volatility remained low and our directional indicators flat lined. On the other hand the real action was in bonds and not just ours. US Bonds anticipated the good economic …
The US equities (SPY) markets continued its upward drift this week while Asian markets roared. The Chinese stock market partied on like a group of stoners oblivious to the devastating loses by two Chinese billionaires that totaled over $25 billion …
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Stocks had another decent week as the S&P 500 (SPY) eked out new all- time highs, while smaller caps stocks such as those in the Russell 2000 (IWM) are lagging. This …
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Last week NASDAQ broke the 15 year high that has haunted it since the era labeled as the "Internet bubble".
I don't have any commentary for this week but in this week's video you'll find:
1. Which indicators to watch …
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Stocks got smacked on Friday for a host of reasons including: