Tag: SECTOR WATCH

Pivot, pop and drop, that describes the last three days of trading for the NASDAQ. The new week started out on the plus side and then lost strength right as the index made contact with the upper end of its...

Growing up, we used to watch a black and white tv show titled “Lost in Space.” There was a robot in the show named Robot who used to say, “Danger, Will Robinson” when the robot sensed trouble. Well, if Robot...

Sometimes the news and the prevailing narrative don’t match. Stocks were rolling higher on the belief the Federal Reserve was positioned to halt interest rates hikes due to tamer inflation. There was even some belief the economy could slow enough...

We are getting the action we want from the NASDAQ, stepping up stairs with a series of higher lows followed by higher highs; wash – rinse -repeat. Jagged moves up, as you’ll see on the chart below, confirms the recent...

Stocks went into orbit and fell like a Chinese spy balloon last week. On Thursday, stocks rocketed higher on the belief the Federal Reserve is likely to halt rate hikes and eventually lower rates because the economy is supposed to...

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...

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 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...