1/5/23 Santa Delivers, Bulls Go 1 for 1 in 2023

News: Stocks rose on Wednesday ahead of the FOMC minutes release. At 2 PM the minutes dropped and revealed little new information. After the minutes came out the S&P 500 stayed within the day’s previously establish range and all 4 indexes closed...

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Jan 05, 2023
1/4/23 The Energy Is Gone, Investors Still Buying

News: On Tuesday, the stock market had its first trading day of the new year. Despite morning futures popping as much as 1.5%, the market failed to make any substantial rally intraday. All 4 indexes closed modestly lower… Beneath the surface, things...

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Jan 04, 2023
1/3/23 Kick Off The New Year—A Warning System

News: On Friday, markets opened in the red and sank through the trading session. Major indexes were off by about 1%, with one hour of trading left in the year. Then in the final hour, stocks reversed. All 4 indexes closed in the red but near flat and...

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Jan 03, 2023
12/30/22 A Short Squeeze & Your January Outlook

News: Yesterday markets opened green and climbed throughout the day. Volume was light, and it appeared that market makers took the opportunity to squeeze the markets higher.  As we reported yesterday, bearish bets overwhelmed the market. All 4 indexe...

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Dec 30, 2022
12/29/22 Bear Trap Exposed

News: Initially, Markets rose premarket … but quickly gave up the early gains and opened flat. At the open, a surge of buyers pushed the markets higher and then … disappeared. Afterward, the markets fell steadily through the day. All 4 indexes closed...

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Dec 29, 2022
12/28/22 Tesla & Apple Slammed

News: Markets slipped generally lower as the final trading week of 2022 began. Notably, the tech-heavy Nasdaq got hit especially hard while the Dow Jones managed to claw out a small victory. Sector Round Up The sectors were mixed as well. 5 of 11 sec...

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Dec 28, 2022
12/27/22 Santa Delivers, Bears Retreat, China Opens

News: Bottoming action continued on Friday. Markets logged decent gains ahead of the 3-day weekend. Markets hate uncertainty, and with Covid cases rising in China, the energy crisis in Europe, and the ongoing war in Ukraine, the market had plenty to...

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Dec 27, 2022
12/22/22 Recession Cancelled? Consumer Confidence Jumps

News: Markets opened on a positive note on Wednesday. 30 mins into the trading session, the markets got a surprise… Consumer Confidence rose “sharply.” The latest survey reversed “consecutive declines in October and November to reach its highest leve...

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Dec 22, 2022
12/21/22 Turn Around Day & Bottoming Action

News: The major indexes snapped their losing streaks on Tuesday. Each posted a small gain. The reason? The market looks like it’s running out of sellers. But the bulls failed to deliver a decisive victory … Only 53% of stocks advanced, while 43% decl...

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Dec 21, 2022