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Just Another Bear Market Rally?
Just Another Bear Market Rally?Here we are three weeks into 2023 and stocks have been on a solid run with all the major indices in the black.
NASD...
A New Bull Market?
Are we in the beginning of a new bull market? Is the bottom in? The media is starting to plant the seed. Take a look at the spike in "new bull mark...
Did Zuck Save The Market?
Did Mark Zuckerberg and Meta just save the market?
As I write this Meta (FB) is trading up more than 15% in the pre-market after reporting better ...
5 Charts to Pay Close Attention to This Week
Technology Stocks
Technology stocks rallied over 16% from the March 14th low but ran into a wall of resistance last week.
You can see in the chart ...
Is That a Top In Tech?
I know, I know. Trying to call tops and bottoms is a mug's game. Believe me, I know from experience. And it really depends on your time frame. But,...
Tech Stocks Haven't Done This for Months
Tech stocks or QQQ did something last week that it hasn't done since April 3rd. It closed below the 20-day exponential moving average.
I've been u...
The Next Test...
The rally from the December lows has been nothing short of impressive. The first technical test at the prior break down levels (dotted line in char...
Is It Time To Get Bullish?
It was a good week for stocks as the market rallied on dovish comments from Fed Chairman Jerome Powell.
This weekend it was reported that Trump and...
Who's In Charge?
Stocks stumbled this week and finished sharply lower thanks to Thursday and Friday's persistent selling. However, late date buying on Friday at imp...