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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...
Why Did Stocks Rally Last Week?
Stocks were in need of a catalyst and they got it last week with the US inflation rate coming in at 7.7% which was lower than the 8.0% expected.A t...
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...
Stocks are Down 17% in Seven Days. Should You Be Worried?
The S&P 500 was up over 17% from the October lows seven trading days ago and just like that, those gains are gone. We are now right back to whe...
Will It Be Different This Time?
An incredibly strong and persistent rally has taken place over the last three months forming a massive V-bottom. However, if you look beyond the ma...
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...
Panic Selling to Panic Buying...
Right before Christmas investors couldn't find a reason to buy stocks. Now, a few weeks later, they can't find a reason to NOT buy them. My last em...
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...
Will Stocks Be Naughty or Nice?
October has come and gone and the bulls are glad to see it go as the S&P 500 gave up 6.9% in the month of October and at one point was down 10....
Who's In Charge? - Part 2
The selling in stocks accelerated this week and the major indices sliced through important areas of technical support that I pointed out in last we...
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...