Week-In-Review: Stocks Bounce As Earnings Season Begins

Stocks Bounce As Earnings Season Begins Stocks rallied nicely last week as earnings season officially began. Delta Airlines, BlackRock, JP Morgan Chase, Citigroup, and Wells Fargo, were just some of the big names that reported earnings last week. Surprisingly, they beat estimates but all traded lower on Friday. Two weeks ago, the bulls showed up […]

Week-In-Review: Bulls Defend Support…For Now

Bulls Defend Support…For Now This was an important week on Wall Street. The Bulls showed up and defended the longer-term 200 DMA line which is important support for the major indices. Stocks ended lower last week as fear spread that a trade war may derail the global economy and adversely affect corporate earnings. This is […]

Quarter-In-Review: Volatility Returns With A Vengeance

Volatility Returns With A Vengeance Stocks ended mixed to mostly lower in Q1 2018 as volatility returned with a vengeance. The VIX, a popular measure of market volatility, surged in the first quarter and marked one of its largest quarterly advances in history. The Dow Jones Industrial Average, benchmark S&P 500, and small-cap Russell 2000 […]

Week-In-Review: Stocks Fall Hard; Some Calling For A Big Top

Stocks Fall Hard; Some Calling For A Big Top Stocks fell hard again last week as fear of a looming trade war between the U.S. and China grew. I think the fear is overblown but the market’s opinion is all that matters. It’s important to keep in mind, all things being equal, investors like to […]

Week-In-Review: Stocks End Week Lower On Political Headlines

Stocks End Week Lower On Political Headlines It has been a very busy time in D.C. In the last few weeks, Trump placed tariffs on Steel and Aluminium, said he may hit China with tariffs, then replaced his: Chief Economic Advisor, The Secretary Of State, The Head of the CIA, and his National Security Advisor might […]

Week-In-Review: Bull Market Turns 9, Correction Ends As Nasdaq Hits New High

Bull Market Turns 9, Correction Ends As Nasdaq Hits New High So that was fast! The latest correction is now pretty much over as the Nasdaq Composite and Nasdaq 100 both hit fresh record highs on Friday. The other popular averages are only a few percentage points below their record highs but are quickly marching […]

Week-In-Review: A Near Term Low

A Near Term Low Friday appears to be another near term low in the market. The bears emerged victorious last week as the market traced out a series of ominous technical signs. On a weekly basis, the market opened higher and closed lower which is known as a negative reversal. Additionally, the weekly range (high […]

Week-In-Review: Stocks End Week Mostly Higher

Stocks End Week Mostly Higher This was a constructive week on Wall Street, stocks opened lower but closed higher for most of the popular indices. A subtle, yet important, sign of strength is to see a market open lower but close higher in any given period. All things being equal, the longer the period, the […]

Week-In-Review: Stocks Bounce Back With A Vengeance

Stocks Bounce Back With A Vengeance Last week I wrote, “The market looks like it just put in a near term low on Friday as the bulls showed up and defended the longer-term 200 DMA line.” That is exactly what happened as stocks soared last week and enjoyed their best week since 2013. I also […]

Week-In-Review: Stock Bounce After Very Tough Week On Wall Street

Stocks Bounce After Very Tough Week On Wall Street The market looks like it just put in a near term low on Friday as the bulls showed up and defended the longer-term 200 DMA line. In the last two weeks, the market erased the last 10-week’s of gains. That, ladies and gentlemen, is not an […]