A Tale Of 2 Markets

A Tale Of 2 Markets

Before we get to our market analysis, we’d like to wish you a Happy Thanksgiving. May it be a blessed day of family, fun, and food. As for stocks, the market has meandered lower since bumping against technical resistance at...
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Bulls Have To Wait

Bulls Have To Wait

We keep wanting to go bullish, but the market won’t let us. Just when the NASDAQ looked like it was about to fly past its 50-day moving average and say bye-bye to resistance, the Federal Reserve raised rates. At first,...
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A Trick Or More Upside Treats?

A Trick Or More Upside Treats?

Despite being red on Halloween, October closed with the first monthly gain since July. Will the rally continue to treat investors to sweet gains or just another bear market rally trick? Let’s go to the tape. Clearly, the August through...
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Double Bottom But…

Double Bottom But…

It’s a good thing stocks rebounded to start October trading; otherwise, it might have been catastrophic. The NASDAQ finished up September with a 52-week closing low but managed to stay within a whisker of its 52-week intraday low of 10,565.14....
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