4/4/22 Support Holds, Earnings Begin

News: On Friday we welcomed April and markets closed in the green after spending much of the day trading in the red. Remember the old saying … Amateurs open the market, the pros close it. Oil prices are stabilizing above $100/barrel. and Bitcoin held...

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Apr 04, 2022
4/1/22 End Q1, GME Stock Split, The Magic of the 1st

News: Yesterday Q1 2022 ended. It was the first quarter in two years in which the major indexes all posted a decline. Markets closed at their session lows. The big three dropped about 1.5% each. The Russell 2000 fell just 1.0%. Commodities closed the...

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Apr 01, 2022
3/31/22 Markets Dip, The Month Ahead

News: Markets snapped a four-day win streak yesterday. If you looking for a reason I don’t have one for you. Stocks go up and down, but the positive bullish trend is still intact. The market is always forward-looking. It’s not pricing in what’s alrea...

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Mar 31, 2022
3/30/22 Russell Breakout Led by Meme

News: The markets roared higher again yesterday. Small caps outperformed as the Russell 2000 led the way higher, gaining 2.6%. AMC, GME,^ & TSLA^ were all in play again. The momentum behind AMC and GME has slowed. Both sit below their critical re...

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Mar 30, 2022
3/29/22 Memes & Tesla Steal The Show

News: Yesterday the market’s partied like it was January 2021. AMC, GME,^ & TSLA^ all soared. Logging gains of 45%, 25%, & 8% respectively. Tesla’s move came after some bad and good news. The bad, its Shanghai plant is closing for Covid proto...

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Mar 29, 2022
3/28/22 Risk On!

News: On Sunday afternoon, before today’s futures began trading … Bitcoin^ smashed through two key resistance levels. First the psychological $45,000 then the 200-day moving average just shy of $46,000. And the breakout happened on relatively low vol...

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Mar 28, 2022
3/25/22 The Market Is Picking Winners

News: Markets had another strong rally yesterday. The Nasdaq led the way with a ~2% gain. There was lots of action in the small-cap land too. Several stocks in my portfolio jumped about over 20%. I took this screenshot in the middle of the day… I’m n...

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Mar 25, 2022
3/23/22 The Crash, Gamestop, & Tesla

News: Markets rose again yesterday, the Nasdaq led the way posting a 2% gain. Shares of Gamestop (GME) have practically doubled off of last week’s lows after chairman Ryan Cohen announced another 100,000 share purchase. His stake in the company now s...

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Mar 23, 2022