Stocks Soar; One Week Pullback Ends That was fast, the one week, pullback ended after central banks stepped in and saved the day…Again. Just when stocks were getting in trouble, the Fed and other central banks, stepped in with more easy money. In the last full trading week of 2014, we saw the market enjoy its…
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…
Energy Prices Are Plunging Quite a few people are talking about falling energy prices but most fail to mention that crude oil and gasoline are in a bear market. For the past few months, global energy prices (mainly, crude oil and gasoline) have imploded, and have each entered their own secular bear markets. The most common…
Stocks Grind Higher…For Now Not much changed last week. The market remains exceptionally strong as nearly all pullbacks remain almost nonexistent. Over the last two weeks we saw the Bank of Japan & The European Central Bank step up and announce aggressive measures to stimulate their lackluster economies. The benchmark S&P 500 (SPX) continues trading…
Stocks Rally As Easy Money Party Continues! The market remains exceptionally strong as nearly all pullbacks remain almost nonexistent. Last week we saw the ECB join the QE party as the benchmark S&P 500 (SPX) hit a fresh record high. To be clear, the market is very extended right now and a light volume pullback into…
The Fed Put Has Shifted To The Central Bank Put! October 2014 is now in the history books. It was one of the wildest months in the history of Wall Street. The benchmark S&P 500 (SPX) is trading like a penny stock (which typically ends poorly). In the first two weeks of October, the SPX plunged -8%…
Easy Money From Global Central Banks Continues To Fuel This Market Since the historic March 2009 low, the benchmark S&P 500 has surged a very impressive 203% making it one of the strongest bull markets in history! The primary driver of this entire 5.5 year bull market has been an easy money stance from global…
Stocks Pullback The major averages fell in September and squeezed out a nominal gain for Q3. September was only the third monthly decline for the S&P 500 (SPX) in 2014. The bigger concern from where we sit is something virtually no-one is talking about- What will happen when QE 3 Ends? Remember the S&P 500 (SPX) soared when…
The Following is an excerpt from a FindLeadingStocks.com Intra-Week Update Market In Early Stages of Forming A Large Top; Still Needs To Be Confirmed The Market Is Getting Weaker, Not Stronger… The market is in the early stages of forming a large topping pattern. The top needs to be confirmed by more than one major…
Sellers Fighting For Control Stocks fell in the last full week before the month and quarter officially end (Tuesday’s close). Barring some unforeseen rally into Tuesday’s close, the benchmark S&P 500 (SPX) fell in September but ended higher for the quarter. If stocks close lower for the month, this will be the third monthly decline for…