The New Year brings in fresh hopes for something better. We make resolutions. I am really going to lose those extra pounds this year, by the way, where are the M&Ms? We want to turn the page on the year...
The NASDAQ is venturing into potential treacherous territory. The technology-heavy index is dangerously close to breaking support at 10,250. If the technical bottom for 2022 gives way, then the NASDAQ is just an express trip away from challenging 10,000. Ten-K...
Maybe it wasn’t all coal in Wall Street’s stocking. The NASDAQ is definitely in a short-term downtrend. However, bears had a chance to break support at 10,250 but buyers came to the rescue as the index approached the last stop...
There is a counter investment trend known as the “Odd Lot Theory”. It isn’t a bunch of social outcasts making their picks on social media. This is what it is; individual investors don’t always trade in what is called round...
Before we get started, happy holidays to you. May the days ahead be filled with family, friends, fun, and great food. We were waiting for the NASDAQ to pick a side, unfortunately it chose Bah-Humbug over Ho-Ho-Ho. There is a...
The market is on unsure legs. One minute prices are flying high because 7 percent inflation is now considered “Good”. The next minute, markets tumble with the Federal Reserve raising rates as inflation resides in a different universe compared to...
The NASDAQ remains in a box. The index’s trading range has been confined during the last month, bouncing between 11,500 on the upper end and 11,000ish on the lower end. Staying within a relatively narrow window for an extended period...
It’s beginning to feel like there is no place to hide. Stocks can’t hold onto gains and industry chart after industry chart looks vulnerable. Gold might have some upside but then again, the dollar seems to be waking up. A...
The indecision continues to bother me. Wall Street isn’t sure what to do. Last Wednesday, the NASDAQ zoomed from the bottom of its technical trading box to the top. Strong volume accompanied the power move, giving the appearance of strength....
Intel’s last quarterly checkup had too many negatives for us to confidently jump in front of the chipmaker’s second quarter earnings announcement. Additionally,...