10/10/23 The War Already Forgotten

News: Headlines did their best to push fear into the market on Monday. This morning, Israel appears ready to launch a full-fledged ground invasion to take control of the entire Gaza Strip. But the market brushed it off … After a red open, stocks turn...

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Oct 10, 2023
10/9/23 A New War, The Same Problem

News: On Friday, markets digested the first jobs report of Q4. 336,000 new jobs were reportedly added to the American economy—the most since January. After gapping down for a red open, markets climbed through the trading session and closed with nice...

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Oct 09, 2023
10/6/23 The Setup is Pretty

News: On Thursday, markets opened near flat and closed near flat. Most of the session was spent in the red, but markets closed well off their lows. These are what long “bottom-shadow” candles like close up… Investors oozed caution ahead of today’s jo...

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Oct 06, 2023
10/5/23 This Report is Best with a Grain of Salt

News: On Wednesday, weaker-than-expected jobs data from ADP gave the market reason to cheer. The market believes lower employment could force the Fed to hold or cut interest rates. The indexes settle at their session highs and on a decisively positiv...

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Oct 05, 2023
10/4/23 Disfunction in DC

News: Markets opened Tuesday near flat but in the red. After a slight attempt to turn green, sellers overwhelmed the market, and stocks tumbled. The indexes settle deep in the red… This time, chaos in Washington stole the show. Speaker McCarthy was o...

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Oct 04, 2023
10/3/23 Off With a Bang—Q4!

News: On Monday, markets opened the final quarter of the year with mixed feelings. The indexes settle mixed… The indexes closed well off their lows, giving bulls a reason to cheer. Beneath the surface, it was ugly. Sector Round Up Of the 11 sectors,...

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Oct 03, 2023
10/2/23 Your October Outlook

News: On Friday, markets opened on a positive note but trended lower throughout the day. The indexes settle mixed with a bearish tilt… Sector Round Up Of the 11 sectors, only 4 closed Friday in the green. At the top… At the bottom… Still Open Over th...

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Oct 02, 2023
9/29/23 Buy. But Avoid this Sector Like The Plague

News: Premarket on Thursday brought the release of two dull reports. That chart is boring.  And the markets show little reaction to the news. The indexes opened flat and advanced steadily throughout the day. All four close with respectable gains… Our...

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Sep 29, 2023
9/28/23 Sachs Sees Shutdown

News: Markets opened green on Wednesdays. But after a brief rally, they took a dive. The S&P 500 was down -0.8% at 2 pm. And the outlook was bleak. Then, the tides turned. Markets rallied into the close, and the indexes squeezed out a mostly posi...

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Sep 28, 2023
9/27/23 Looks Like a Bear Trap

News: After posting a single day of gains and relieving much of the oversold conditions on Monday, markets reversed course hard on Tuesday. Markets gapped down and fell throughout the day.  Buyers didn’t show up for the broader market, and the indexe...

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Sep 27, 2023