Market Notes: Warren Buffett’s Berkshire Hathaway disclosures came out after the market closed yesterday. The fund added several big pharmas including PFE. Also worth noting it picked up shares of TMUS too. Sometimes Buffett’s new investment gets a p...

Market Notes: The S&P 500 closed at a fresh record high on Friday. No big surprise for me. I expect the bull run to continue until the end of the year. Markets are unconcerned with the pandemic, lack of stimulus, and the President at this point....

Market Notes: Yesterday markets sold off more than I expected. I’m questioning my bullish call at this point. Futures are up this morning so I’ll keep a close watch. More selling and we could get a breakdown. No surprises on new unemployment filings...

Market Notes: S&P 500 is moving up slowly as the markets settle back down after a wild start to the week. The VIX continues to fall which is a positive sign for the bulls. Futures are down slightly this morning as we appear to be inching towards...

Market Notes: The Supreme Court heard arguments about Obamacare yesterday. Despite the overwhelming conservative majority on the court signaled a reluctance to strike it down. I noticed more healthcare stocks on my scanner too. I believe the market i...

Market Notes: Pfizer announced it’s vaccine candidate was 90% effective against COVID-19. While the results don’t include any long-term results this early stage is promising. One thing interesting about the vaccine, it must be kept cold during shippi...

Market Notes: Joe Biden was called as the winner of the U.S. presidential election over the weekend. The news was expected but has given markets some certainty moving forward. We are still in the middle of earnings season and the market is flying. We...

Support and resistance are import price levels. Traders use the, to determine buying opportunities, profit targets, and placing stops. I’m not going to get into how to use support and resistance. I just want you to understand exactly what the levels...

Market Notes: We are still awaiting final election results from several states this morning. But all indication still point to a Biden Presidency and a Republican-controlled Senate. The market has been flying the past few days as some certainty in th...

Market Notes: The market is not very concerned about who the President of the U.S. is. The market was looking for some certainty on election day and got it. We are fairly certain that Congress will remain split. Split Congress market returns outpace...