9/12/23 Tesla’s Trillions

News: On Monday, markets opened the week on a positive note. The indexes all closed the day higher… Sector Round Up The rally was broad. 10 of the 11 sectors posted gains. At the top… The lone loser… Tesla Takes Off Shares of Tesla (TSLA^) soared mor...

Read More
Sep 12, 2023
9/11/23 It’s Inflation Reporting Week

News: Markets ended the first full week of trading in September on a positive note. On Friday, there was more buying than selling. The indexes closed the day mostly higher… Sector Round Up 7 of the 11 sectors posted gains. At the top… 2 sectors were...

Read More
Sep 11, 2023
9/8/23 It’s a Toss Up—The Chart You Need to See Today

News: Markets opened lower on Thursday and rose throughout the day. But buyers weren’t over to overcome the red open.  The indexes closed the day mostly lower… If you’re looking for a clear catalyst, keep looking. We warned you September is a bad mon...

Read More
Sep 08, 2023
9/7/23 September Slide

News: Markets continued sliding lower on Wednesday. Buyers are largely absent from the market so far this month. The indexes settled modestly lower again… Seasonal weakness is the top culprit. September is historically the worst of the 12 months for...

Read More
Sep 07, 2023
9/6/23 Sell After Labor Day

News: Historically, the day after Labor Day is a weak day for the markets. Tuesday’s session followed the norm. The indexes settled modestly lower… Sector Round Up The sectors were split … with a bearish tilt.  Just 3 of 11 ended the day higher. The...

Read More
Sep 06, 2023
9/5/23 Winners and Losers

News: On Friday, we got the latest employment data. So why did the unemployment rate go up? The main driver was 597,000 new job seekers entering the market. Markets rose immediately after the release. But much of the early gains were given up. The in...

Read More
Sep 05, 2023
9/1/23 Inflation Ticked Up–Time to Look Left

News: The latest inflation numbers dropped yesterday pre-market.  The Fed-preferred gauge, the PCE index, showed spending ticked upward from June to July. But the rise is insignificant when you look at the 12-month chart. Inflation is still on the co...

Read More
Sep 01, 2023
8/31/23 WARNING: Here Comes September

News: Wednesday was another day of gains on Wall Street. That’s four consecutive days of gains. The indexes closed the day modestly higher. Sector Round Up 9 of the 11 sectors were green at the end of Wednesday’s session. The gains were tame, and no...

Read More
Aug 31, 2023
8/30/23 Bitcoin is Back

News: Markets logged another day of buying on Tuesday.  Risk-on assets performed especially well as a U.S. Court dealt a blow to the SEC and paved the way for a Bitcoin^ ETF. The whole market enjoyed a broad rally. The indexes all closed the day with...

Read More
Aug 30, 2023
8/29/23 No Reason to Sell

News: Markets open the final week of August with buying. Trading volume was light. And no serious sellers emerged. The indexes all opened green, trading sideways throughout the day, and closed the day green… Sector Round Up The rally was broad. 10 of...

Read More
Aug 29, 2023