3/6/23 All Aboard! The Bulls Are Leaving the Station

News: On Friday, it was all green all day as FOMO ripped through the market, and bidders happily took whatever price they could get. All four indexes finished the day sharply higher… A whopping 78% of stocks ended Friday with gains.  The S&P 500...

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Mar 06, 2023
3/3/23 Little Lines Tell The Tale

News: After trending lower for the past month, markets got a serious boost on Thursday. At the open, most stocks were trading in the red. But buyers showed their willingness to buy as soon as the opening bell rang. Between 1 & 2 PM, all the index...

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Mar 03, 2023
3/2/23 Risk-On! Buyers Love Buying

News: A simple truth will preface today’s briefing. The market moves because of buyers and sellers, nothing else. With that in mind, let’s look at yesterday’s market performance… It was unremarkable, to say the least. The market chopped around all da...

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Mar 02, 2023
3/1/23 Fear is Gone, China Remerges

News: Markets opened green once again on Tuesday. But it was short-lived… Buyers pushed the market higher into the afternoon but surrendered the gains with about 2 hours remaining in the trading session. In the remaining two hours, the bears sold int...

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Mar 01, 2023
2/28/23 Are Bulls Marching In?

News: Markets opened the new week on a positive note. At the open on Monday, the major indexes were up more than 1% each. But as the day went on, the momentum faded.  Markets trended lower throughout the day but managed to hold on to some gains and c...

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Feb 28, 2023
2/27/23 Beyond the Indexes

News: The latest inflation report, the PCE Index, showed that inflation might be flatlining. The year-over-year monthly reading showed higher spending for the first time since September 2022… The market disapproved of the number and dived on Friday....

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Feb 27, 2023
2/24/23 Finally Friday, We Found Support

News: The market’s short week turned out to be a wild ride. Thursday wasn’t for the faint of heart either. Markets opened green, but sellers came out in force … Within 2 hours of opening, all the major indexes had fallen in the red. With two hours un...

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Feb 24, 2023
2/23/23 The China Problem & 2 Reports

News: Wednesday’s price action was muted on Wall Street. The FOMC minutes were released without much whiplash. The major indexes traded within 1% of the previous day’s close the entire day. Indexes ended the day mixed. Buyers favored the riskier stoc...

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Feb 23, 2023
2/22/23 To Russia With or Without Love?

News: Only the bears returned from the long weekend. On Tuesday, markets opened in the red and declined throughout the day. The carnage was widespread and spared few stocks. The indexes closed at their lows… A mere 12% of stock managed to end the day...

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Feb 22, 2023
2/21/23 Oil Runs Dry, Fed Minutes Due

News: On Friday, the markets were coming off a bad inflation reading and heading into a long weekend. It was an incredible setup for the bears… But after a red open, the selling stopped. Buyers pushed the major indexes higher throughout the day … At...

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Feb 21, 2023