Strong Start To Q4 The S&P has closed at a record high six straight days which is its longest run of the millennium (since 1997)! Stocks rallied sharply last week as the bulls remain in clear control of this market. At this point, the market is now extended (in the short term) and remains very…

Stocks End Week, Month, and Quarter Higher Stocks ended the week, month, and quarter higher as the bulls remain in clear control of the market. The great mini-rotation, a term I coined a few years ago, remains alive and well. The great mini-rotation refers to a bullish event that happens when big money rotates from…

Stocks End Busy Week Mixed Stocks ended mixed last week as investors digested a slew of data. First, global central banks sent mixed messages as the U.S. Fed was perceived to be slightly hawkish while Japan’s Central Bank was overtly dovish. Earnings were less than thrilling as most of the stocks that reported last week…

Stocks Hit Fresh Record Highs Stocks rallied sharply last week after the damage from hurricane Irma was much less than originally expected. Thankfully, in the 11th hour, Irma weakened considerably, made a last-minute turn, and skated up the west coast of Florida. The Dow, S&P 500, Nasdaq Composite, and Russell all ended the week higher…

Stocks Quiet Ahead Of The Hurricane The stock market remains very strong. The major indices slid last week but were quiet as the country waits for Hurricane Irma to hit Florida. and parts of the East Coast. Stepping back, the action remains healthy as the market continues to trade just below record highs and sellers…

Bulls Back In The Driver’s Seat The stock market remains exceptionally strong. Once again, the latest pullback was another strong buying opportunity. The Dow Jones Industrial Average, Nasdaq Composite, and benchmark S&P 500 are all back above near-term support and, once again, flirting with new highs. This was another shallow/healthy pullback in both size (small…