Category: Rich’s Articles

It’s straightforward this week, short, sweet and to the point. We got what we wanted, the NASDAQ taking charge and leading the markets higher. The tech-heavy index was up to start the week while the S&P 500 and Dow spent...

Stock prices are going to be volatile as the Presidential election is just two-weeks away. Since we are at the height of political silly season, neither side is likely to give an inch and stimulus, whether it’s needed or not,...

Renewed talks of stimulus gave Wall Street high hopes and pushed the indexes close to their 52-week highs. The next test will be when the Big 3 indexes finish the comeback to their early September highs. If bulls can move...

Sometimes things go according to plan. Last week we talked about the indexes making moves that suggested the September slump for stocks could be coming to an end. We were cautiously optimistic following last Monday’s gap up but knew the...

Dip buyers snapped up stocks to start the week with the NASDAQ, DOW and S&P 500 each up at least 1.5%. The tech-heavy NASDAQ led the way, gaining more than 200 points, finishing Monday’s session with a 1.87% gain. You...

Our caution last week proved to be the right choice with stocks head-faking “buy on the dip” types. The markets fell sharply to close out trading last week. Wall Street chose a deep red to start the new week with...

Insiders stepped up their buying after returning to work following Labor Day. Executives, directors, 10% owners and institutions spent a collective $6.2 billion buying stocks last week. That’s a healthy number. Despite parting with a pile of cash, we only...

Stocks started the week on the right foot, that’s good. However, the NASDAQ is still hugging its 50-day moving average and needs some more liftoff for us to feel comfortable being on the bullish side of the market. As our...