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 […]

Week-In-Review: Stocks Finally Pullback, Now What?

Stocks Finally Pullback, Now What? The market is finally pulling back to consolidate its very healthy and very strong advance. Remember, markets do not go up forever and it is perfectly normal (and healthy) to see the market pullback after a very strong rally to consolidate the move. Nice orderly pullbacks are healthy and allow […]

Week-In-Review: Stocks Rally On Strong Earnings

Stocks Rally On Strong Earnings The bulls remain in clear control of this market as the impressive rally continues unchecked. There are a few important things to note: First, the market is extremely extended. Second, it refuses to fall. In fact, pullbacks last a few hours, not even a few days. Third, even stocks that […]

Week-In-Review: Stocks Continue To Rally As Earnings Season Begins

Stocks Rally As Earnings Season Begins Not much changed from my comments last week. Stocks went from being overbought, to being very over-bought in a matter of a few weeks. The fact that the market refuses to fall in a meaningful fashion clearly shows you how strong the bulls are right now. Stepping back, it […]

Week-In-Review: Stocks Soar Ahead of Earnings Season

Stocks Rally Ahead of Earnings Season Stocks went from being overbought, to being very over-bought in a matter of a few weeks. The fact that the market refuses to fall in a meaningful fashion clearly shows you how strong the bulls are right now. Stepping back, it is important to keep a cool head and […]

Week-In-Review: 2018 Opened With A Bang

2018 – Rally Continues 2018 opened with a bang! Not only did the major averages continue to hit new record highs, there was virtually no selling to speak of. Clearly, this is very strong action and it tells you that the bulls remain in control as sellers remain virtually no where to be seen. What […]

Week-In-Review: 2017 Another Solid Year For Stocks

2017 – Another Solid Year For Stocks 2017 will go down in history as another solid year for Wall Street. The major averages all surged to fresh record highs as volatility remained exceptionally low. There were several bullish macro catalysts for the strong rally on Wall Street, most notably: Strong GDP, Corporate Earnings, Low Interest […]

Week-In-Review: Santa Arrived Early; Tax Cut Sparks Big Rally On Wall Street

Santa Comes Early; Tax Cut Sparks Big Rally On Wall Street The major indices continued to trade near record highs as 2017 winds down. So far, 2017 is on track to be the strongest year since 2013. The U.S. economy is the largest its ever been in history and continues to grow. Last week, the […]