Category: Rich’s Articles

This is going to be a relatively quick one. Sometimes there isn’t much to say as the storyline is straight forward. The stock market is primed for profit taking. It’s that simple. The DOW may have gotten the jump on...

Be careful with market moves until after Labor Day. Don’t get us wrong, we’ll take an up day for stocks anytime. However, it could be easy come easy go for gains with losses reversed in a flash for the next...

The NASDAQ popped to start the week; the S&P 500 managed a small gain and the DOW ended with a small loss. Despite mixed results, the three major indexes are essentially in the same position. Each is perched at the...

Up, up…. And the DOW finished in the plus column for the seventh day in a row. The senior index was the top performer last week, which is not surprising as the DOW had a lot of catching up to...

The news is grim, COVID everywhere, but the virus appears to be retreating in hotspots like Florida, Texas, California… although, it could be picking up steam in places like Kentucky, Nebraska, Missouri and others. However, those states are considerably less...

MARKET WATCH We are on the verge of another possible leg higher. The NASDAQ closed at a post-COVID high but did not take out the post-COVID intra-day high of 10,824.78 set on July 13th. The highwater mark could offer up...

With Monday came an ugly reversal as the major indexes sold off heavily after being up big well into the trading session. The S&P 500 and especially the NASDAQ soured and ended the first trading day of the week deep...

Last week was a perfect example of why we don’t take an absolute position until the market makes a definitive statement. Things were setting up for a possible correction with the S&P 500 and DOW charts dangling like some daredevil...