Stocks Rally On Trump’s 1st Week In Office The bulls have been waiting for a catalyst to send the Dow above 20k and it turned out to be Trump’s first week in office. The Dow broke above 20k and the S&P 500 briefly broke above 2,300 over the past few days. The key now is to…
Stocks Stall Below Major Resistance As Earnings Season Begins Stocks opened the week higher but stalled mid-week and closed mixed to lower after sellers showed up in the latter half of the week. Several important areas of the market, that had been leading for months, are now in “pullback mode” as we enter the heart of earnings season….
Stocks Sit Below Major Resistance As Earnings Season Begins Stocks rallied last week as the bulls sent the major indices above important areas of resistance and within striking distance of fresh record highs. Most of the big financials rallied last week after reporting crummy numbers. This reinforces our point about focusing on the reaction, not the actual…
Stocks End Week Lower Ahead of Earnings Stocks ended lower for the first full week of the new quarter and before earnings season begins in earnest. The short term action remains sloppy (to put it nicely) and continues to frustrate both the bulls and the bears. Eventually, clean trends will emerge, but for now, patience is paramount….
Stocks End Historic Quarter Stocks remain very strong as the bulls continue to defend the short term 10 day-moving-average line for the major indices. The big news last week and last quarter is that easy money from global central banks is here to stay. For now, stocks continue to worship easy money and until that…
– Want Sarhan Capital To Manage Your Portfolio? – Stocks Finally Pullback- Will It Last? Finally, the long awaited pull back arrived on Wall Street as the major indices pulled back and snapped a very strong 5-week win streak. The pullback began when a slew of commodities started falling as the US dollar rallied. Remember, commodity…
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…
Seven In A Row! Stocks rallied for the 7th-consecutive week – helping the S&P 500 and Dow Jones Industrial Average hit new record highs. Over the past few months, we have seen a massive coordinated “offensive” from global central banks to help boost both Main St & Wall St. At the end of October, we saw the U.S. Federal…
Stocks Bounce on Wall Street: Resistance Shown Below For Major Averages After a very short 2.5 week pullback, the bulls showed up and regained control of the market. So far, every pullback for the past two years has been healthy as they have been shallow in both size (shallow % decline) and scope (short in duration)….
JULY 4TH SALE! GET 3 MONTHS FREE (~$300 VALUE) WHEN YOU JOIN OR UPGRADE ANY PLAN ON FINDLEADINGSTOCKS 72-Hrs Only! Stocks Surge To Fresh Record Highs Stocks soared to fresh record highs during the first week of Q3. The market remains exceptionally strong in all three time-frames: short, intermediate and long. In the short term, the major averages…