Tag: SECTOR WATCH

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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November 16, 2022 No Responses

Connecting The Dots To A Possible Rally

Who knew that 7.7% year over year inflation was a good thing for stocks? Apparently, it’s what the Wall Street doctor prescribed as the Dow Jones Industrial Average jumped more than 1,000 points on the “cooling” inflation numbers. Anybody who...
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October 25, 2022 No Responses

The Fed And Stocks About-Face

It sure looks like Wall Street wants to take stocks up. The NASDAQ pivoted higher after setting a 52-week low, sold off after the initial rush higher, and then the index lifted again with a higher low. Higher cycle lows...
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October 18, 2022 No Responses

No Matter The Change, It’s Still The Same

Up and down in chunks; one day the sky is falling and the next it is all allergen-free flowers and sunshine. Such is the state of the stock market right now. From experience, love you, love-you not volatile swings from...
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October 11, 2022 No Responses

Full Name Trouble For Stocks

If not for a late afternoon rally, the NASDAQ would have been in full name technical trouble. What’s full name trouble? I don’t know about you, but when I was a kid, heat was coming when mom went, “Richard” get...
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September 20, 2022 No Responses

Fed Dilemma – Inflation Or Recession? Which Would You Pick?

Stocks took it on the chin last week, getting KOd by the one-two punch of higher-than-expected transitory inflation that inched up and FedEx’s earnings miss. Wall Street was hopeful that the Federal Reserve would be able to engineer a soft...
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September 13, 2022 No Responses

A New Bull Is As Easy As 1-2-3

It’s a neck brace market from all the back and forth. Last week, we mentioned that the NASDAQ was likely to bounce higher because it entered oversold territory. The index has gone straight up since last Wednesday and broke through...
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September 6, 2022 No Responses

How Do You Spell September? U-G-L-Y

September is historically the worst performing month for stocks by a wide margin. (1) And it’s not looking good for this September either. The NASDAQ barreled through support at the 50-day moving average like a bull through a bullfighter’s red...
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August 30, 2022 No Responses

The Dead Cat Is Done Bouncing

It’s over! The rally that knocked the stock market’s rebound out of a bear market is officially done. The NASDAQ crashed last Friday after Jerome Powell and company put investors on notice that interest rates are going higher until inflation...
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