Category: Rich’s Articles

“V” is for vendetta, right? But it’s also a technical analysis staple. The V is one of the most basic patterns and predictable at the same time. In a nutshell, a V pattern looks just like the letter, stocks fall/rise...

Last week we talked about Wall Street always leaving markers, points where stocks can rise or fall.  Well, the NASDAQ bypassed the upper marker and immediately headed for its 50-day average to finish the week. Bulls took charge Monday to...

Stocks have fallen and they are trying to get up. However, the NASDAQ has a couple of technical hurdles overhead, which could make it hard for bulls to get a lot of traction in the near term. Wall Street tried...

We’ve all heard the saying, “If you don’t have anything good to say, don’t say anything at all.” Ok, that’s it for this week’s newsletter… Monday’s stock market action was not encouraging as the NASDAQ set a new, current trend...

President Joe Biden is known for a few go to phrases, “c’mon man” and “here’s the deal” uttered the most often. We’ll do our best Biden impression for “here’s the deal” with the current state of the stock market. Wall...

It used to be said that when the US economy sneezes, the rest of the world’s economies got the flu. We are about to find out what happens when the Chinese economy is wheezing. Stocks around the globe plummeted on...

I love it when a plan works out. That’s what Colonel John “Hannibal” Smith would say at the end of episodes in the 80’s TV series The A-Team. We love it too when a plan works out. Stocks pulled back,...

What goes up must come down, right? It’s Sir Isaac Newton’s Law. But it wasn’t really about gravity or apples or any of those things. Rather, it was part of his for everything there is an equal and opposite reaction...