Category: Rich’s Articles

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....

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....

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...

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...

MARKET VIEW Bullish, perhaps a touch over-bullish. That’s what our momentum model registered at the end of last week’s trading. Meanwhile, our leadership and heartbeat models continued to print buy signals. The three leading indexes took a little off the.....

MARKET VIEW If you look out the window and see that it is raining outside, you don’t need to tune into the TV weatherperson to learn that it’s raining outside. With the NASDAQ gaining 4% last week, the S&P and...

MARKET VIEW “Pop, pop” goes the NASDAQ. The index jumped to a new high after the coronavirus downturn. The tech heavy indexes gained more than 2% on Tuesday. As we’ve mentioned before, the NASDAQ is the Mary of the markets:...

MARKET WATCH Impeachment, the Coronavirus virus in China, Japan, South Korea and in the state of Washington, and record-high valuations have some market watchers worried about stock prices. Guggenheim Partners investment chief Scott Minerd told attendees in Da...