Tag: PSQ

A Consideration If All Hell Breaks Loose
December 29, 2022 No Responses

A Consideration If All Hell Breaks Loose

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...
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10K – We Don’t Want To Go There
December 27, 2022 No Responses

10K – We Don’t Want To Go There

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...
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Still A Bob Dylan Market – Stuck In The Middle With You
December 13, 2022 No Responses

Still A Bob Dylan Market – Stuck In The Middle With You

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...
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Up Is Down And Bad Is Good – Say What?
December 6, 2022 No Responses

Up Is Down And Bad Is Good – Say What?

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....
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How To Turn Down Into Up
September 8, 2022 No Responses

How To Turn Down Into Up

Stocks were in rally mode Wednesday. It’s something we said might be coming in our most recent Market View E-letter. We noted that “It sure looks like Wall Street intends on testing mid-June’s lows.” But added, “However, stocks could get...
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