The DOW and S&P Could Be Headed to Pre-COVID Levels

The DOW and S&P Could Be Headed to Pre-COVID Levels

MARKET WATCH Stocks went into blaze mode to start the summer with prices rising like heatwaves off desert blacktop in the noon sun. But, Wall Street’s temps for stocks fell a bit as Tuesday’s trading came to a close. Maybe,...
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Get Ready for Stocks to Make a BIG Move

Get Ready for Stocks to Make a BIG Move

Maybe Federal Reserve Chairman Jerome Powell should go on TV every Sunday. Stocks shot higher to start the week, making up last week’s lost ground. The BIG 3 indexes, the NADSAQ, S&P 500 and DOW have closed out their headroom...
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Up, Up and Away?

Up, Up and Away?

Sometimes it is straightforward. That is where the market is after Monday’s trading session. As you know, we have emphasized the importance of trend confirmation. Writing, over and over, about higher lows followed by higher highs as the hallmark trait...
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Why Oil’s Bust will lead to the Next Boom

Why Oil’s Bust will lead to the Next Boom

Wow, oil! Its price continues to collapse, going negative for May delivery in the commodities market. That’s bleeping unbelievable and a direct result of the planet living the lockdown lifestyle. A real-life example of economics 101, supply and demand. There...
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Profits Aplenty As The Warming Trend Continues To Thaw The Markets, For Now

Profits Aplenty As The Warming Trend Continues To Thaw The Markets, For Now

Profit taking is to be expected when stocks zoom as fast as they have since hitting a possible corona bottom. The S&P and DOW started the week in red, but the NASDAQ found its way above water by the end...
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Why You want stock prices to go down!

Why You want stock prices to go down!

We were this |—| close to a possible technical buy signal after Monday’s market session. The indexes were within a few points from closing above last Thursday’s intra-day highs, which would have been a higher high following a higher low....
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5 Reasons the Worst of the CoronaCrash could be over

5 Reasons the Worst of the CoronaCrash could be over

There was something different about Monday. Call it gut instinct or wishful thinking, but something was different in the way traders handled the market to start the week. When bad news isn’t that bad for stock prices, something is up....
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Don’t Trade Until You Read This..

Don’t Trade Until You Read This..

Wall Street has apparently lost its collective mind. Last week, the coronavirus had people citing the book of Revelation. The end is Near! Near! Near!… Euphoria reigns as the new week begins with the Dow Jones Industrial Average lifting off...
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How low can stock go right now?

How low can stock go right now?

MARKET VIEW Crash, boom, bang – stocks got hammered to start the week. Coronavirus got the blame, but is there something else possibly in play? Perhaps, Wall Street is worried about the potential of a Bernie Sanders presidency? We’ll start...
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