The Most Important Question to Ask Your Advisor In 2016: What Are You Going To Do In The Next Bear Market? If You Don’t Like The Answer, Get In Touch Now Stocks Mauled On Global Recession Fears In our intra-week note we wrote, “Allow us to be clear, the major indices are in the process of topping…
Stocks End 2015 Mixed to Mostly Lower Stocks ended 2015 mixed to mostly lower. The S&P 500, Dow Jones Industrial Average, DJ Transports, Small Cap Russell 2000, Mid Cap S&P 400, NYSE Composite all closed in the red. Meanwhile, the Nasdaq composite and Nasdaq 100 ended 2015 higher. The move in the latter two indices was largely…
Stocks Back To Break-Even For The Year Stocks rallied sharply last week, led by beaten down areas (energy, materials, transports, etc) that bounced from deeply oversold levels. Not much changed last week as the same underlying conditions, we have outlined for you in recent months, continue to exist beneath the surface. The S&P 500 is back to breakeven for 2015…
Stocks Are Getting Weaker, Not Stronger Stocks are weak as the major indices continue forming a large topping pattern. All year, the S&P 500 has been trading in a large trading range as more and more areas of the market continue to break down and fewer and fewer areas of the market remain in good shape. The…
Market Getting Weaker, Not Stronger Stocks fell hard last week causing the major indices to break below near term support on Friday. The selling began after the last European Central Bank (ECB) meeting on Thursday 12/3/15. Once again, the action on Wall Street clearly shows us that the #Easymoney from global central banks remains the primary…
Bulls Still In Control Stocks ended a volatile week relatively unchanged as the bulls showed up on Friday and sent stocks soaring. Remember, we are in a bull market and the fact that stocks refuse to fall (even on bearish news: terror attacks, talk of World War III, lousy economic data, negative Q3 earnings comps,…
Bulls Still In Control Stocks paused last week helping the S&P 500 form a bullish “handle” pattern. Overall the action remains very healthy on Wall Street as stocks refuse to pullback even as geopolitical tensions flare up across the globe. The light pullback we are seeing is also healthy as it allows the market a…
Free Stock market commnetary
Stocks Finally Pullback It was an ugly week on Wall Street as the bears returned from a short six week hiatus. Stocks fell hard last week, erased the last three weeks worth of gains, fell over 3.5%, and snapped a 6-week win streak. It was the largest weekly decline for stocks since August and the action suggests the…
Stocks Are Strong The market remains very strong. The S&P 500 has rallied for six straight weeks and remains very extended to the upside. The major indices opened higher but closed in the lower half of their weekly ranges which is normally a sign of short term fatigue. The market is way overdue to pullback and…