9/26/22 Are There Any Bulls Left?

News: On Friday, the market sell-off continued. The Dow Jones and S&P 500 tested their respective June lows. Each index managed to close well off its intra-day lows. Still, it wasn’t pretty… Dow Jones -1.6% Nasdaq -1.8% S&P 500 -1.7% Russell...

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Sep 26, 2022
9/23/22 Higher, Higher, HIGHER!

News: Yesterday, once again, belonged to the bears. The bulls put in a solid effort, and the Dow Jones even turned green in the final hour of trading.  But in the closing minutes, sellers overwhelmed buyers, and every major index closed in the red. D...

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Sep 23, 2022
9/22/22 Hawks Take Flight and Bears Attack

News: Yesterday markets went on a wild ride. Before The Fed’s rate hike announcement, stocks traded in a narrow range. The new Fed rate is 3 to 3.25%, a .75% increase, dropped at 2 PM, and the markets sank deep into the red. The Fed rate now stands a...

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Sep 22, 2022
9/21/22 Rangebound in the Buy Zone

News: Monday’s gains were short-lived.  Tuesday, markets declined as the FOMC meeting convened. Dow Jones -1.0% Nasdaq -1.0% S&P 500 -1.1% Russell 2000 -1.4% There were few bright spots. 79% of all stocks closed the day lower. Sector Round-Up All...

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Sep 21, 2022
9/20/22 Another Bullish Engulfing! For Fed’s Sake

News: Markets spend the major of Monday flat. But in the final hour, buyers showed and pushed all four major indexes higher. Dow Jones +0.6% Nasdaq +0.8% S&P 500 +0.7% Russell 2000 +0.8% But beneath the surface, there were still signs of weakness...

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Sep 20, 2022
9/19/22 Shocking Moment of Truth Ahead

News: Markets slid lower for a third consecutive day on Friday. Dow Jones -0.5% Nasdaq -0.9% S&P 500 -0.7% Russell 2000 -1.5% Markets closed near their highs of the day. Given that the big three indexes dropped nearly 2% intraday, the close was a...

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Sep 19, 2022
9/16/22 The Market: Fed Up with FedEx

News: Markets slid generally lower on Thursday. Here’s how the indexes did… Dow Jones -0.6% Nasdaq -1.4% S&P 500 -1.1% Russell 2000 -0.7 Beneath the surface, there were some signs of life. While 65% of all stocks closed lower, 31% logged daily ga...

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Sep 16, 2022
9/15/22 Producer Prices Fall, Support Holds

News: The latest PPI data, which dropped yesterday morning, showed a decline in prices. The Producer Price Index (PPI) is thought to lead the CPI in some regards since often producers are passing along the higher (or lower) costs to consumers. Prices...

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Sep 15, 2022