Yesterday my conclusion was that the market was nervous.
Today was a good example of how sometimes the market needs to go up to come down.
The indexes opened higher, but as soon as they began to experience profit taking, …
Today was one of those days that you shouldn’t over analyze or draw any strong conclusions from in trying to determine the market’s next major move, but there are some noteworthy patterns developing.
It was a relatively quiet day without …
Happy Memorial Day weekend, and thank you to all of you who have served or have family members who have served to protect our great nation!
After our Memorial Day break a few things will happen that can wreak havoc …
Yesterday we pointed out some basic physics and how objects in motion stays in motion. For the most part there was more of that today with two of the four key indexes posting strong gains while making new ATH (All …
Today was a good example of the physics principle, “an object in motion, stays in motion…”
The markets follow this concept in many ways – momentum, trend lines, moving averages, phases, etc.
Today 13 out of the 14 sectors tracked …
Tomorrow the Fed will release the minutes from the May 2-3rd FOMC meeting, and while the minutes aren’t expected to have any shocking content…
The market is set up in such a way that it could easily be spooked.
Today …
The market got off to a bullish start to the week today, but if you recall, last Monday was bullish too.
As I noted in last Monday’s commentary, bullish action in the first day of the week is a hard …
On Wednesday the stock market handed most traders and investors a lemon in the form of a news event that caused a big drop.
Lesson #1 from market catalysts that you can’t control, is to focus on what you can …
Anyone curious about what caused the 370-point drop this week can look no further than the chart above. We are not surprised. Over the past several months the discord in the Economic Modern Family that started as minor bickering has …
If you recall, stocks kicked off the week in bullish mood right from the opening bell, and I concluded that day’s commentary with the note that Mondays in a bull market tend to have a bullish bias, but that says …