Week-In-Review: Stocks End Week Mostly Lower Amid Trade Woes

Dow Flirts With 200 DMA Line The major indices ended mostly lower last week amid the ongoing trade woes. In the first half of the week, President Trump said he will consider adding tariffs on nearly $200 billion worth of Chinese goods. A few days later, China responded by saying, the US has “delusions” regarding […]

Week-In-Review: Stocks End Week Mixed As Trade Woes Divide Wall Street

Stocks End Week Mixed As Trade Woes Divide Wall Street The split tape I mentioned over the last few weeks continues as the Nasdaq and Small-Cap Russell 2000 hit fresh record highs while the S&P 500 and Dow Jones Industrial Average lag. The reason is simple: there remains a lot of uncertainty with respect to […]

Week-In-Review: Stocks End Week Higher Ahead of G-7 Meeting

Nasdaq Hits A New Record High Ahead Of The G-7 Meeting The Nasdaq hit a fresh record high and officially ended its four month “correction.” That came shortly after the small-cap Russell 2000 ended its correction and hit fresh record highs. Clearly, those are the two areas of strength as they were the first indices […]

Week-In-Review: Stocks End Busy Week Mostly Higher

Stocks End Busy Week Mostly Higher Once again, the market had every chance in the world to fall last week and the fact that it didn’t is very bullish. Even though it was a shortened holiday week it was a busy week of headlines nonetheless. The market opened on Tuesday with a big decline after […]

Week-In-Review: Bullish Action Ahead Of The Long Weekend

Bullish Action Ahead Of The Long Weekend The market had every chance in the world to fall last week and the fact that it didn’t is very bullish. Remember, it’s not the news that matters but how the market reacts to the news. When a market doesn’t fall on bearish news that is a bullish […]

Week-In-Review: Stocks End Week Mixed As Small Caps Hit New Highs

Stocks End Week Mixed As Small Caps Hit New Highs The market ended mixed last week as the small-cap Russell 2000 hit a fresh record high. The fact that small-caps hit new highs last week is bullish and bodes well for the broader indices. In the short-term, the other popular averages are pausing to digest […]

Week-In-Review: Stocks Are Back In The Black For 2018

Stocks Are Back In The Black For 2018 The bulls regained decisive control of the market last week after the major indices turned positive for the year and jumped above near-term resistance. The Dow & S&P 500 both jumped above near-term resistance (50 DMA line) which was highlighted several times in this report for you […]

Week-In-Review: Stocks End Flat After Support Was Defended

Stocks End Flat After Support Was Defended It was another volatile week on Wall Street as investors digested a slew of economic and earnings data. Apple was the big standout winner last week as the stock shot up to new highs after reporting earnings and legendary investor Warren Buffet announced he was increasing his position […]

Week-In-Review: Stocks End Week Flat As Earnings Continue

Stocks End Week Flat As Earnings Continue It was another volatile week on Wall Street. Stocks ended flat as investors digested a slew of earnings reports and the bulls showed up and defended the longer term 200 DMA line. The major indices opened the week with a big selloff and then the bulls showed up […]

Week-In-Review: Stocks End Week Flat As Earning Season Begins

Stocks End Week Flat As Earnings Season Begins Stocks opened the week on a positive note but ended relatively flat as investors continue to digest a slew of earnings. So far, most of the companies that have reported earnings have beat on both the top and bottom line which is an encouraging sign. It is […]