Bulls Doing Well but are Still not Out of the Woods…
Short-Term:
Bulls were very strong last week again. We hit the small green target around 216, this slightly increases the chance of the breakout being...
Pullback Likely
Short-term:
Bulls finally pushed to the 280 level as we have discussed. However, so far it's, not strong enough and a pullback seems like a...
Weekend Market Update – 3rd and Goal
Prior week’s recap:
As we expected the bulls were on offense last week, and drove down the field. We had a small pullback on Tuesday...
Weekend Update – The Greek Vote
Last week was fairly hectic but we had a good handle on it. We had the gap down Monday, rallied into Wednesday and sold...
Weekend Update – Bond Special
The beginning of this week may play out similar to the beginning of last week. There is a pretty good chance that we will...
Bears Need a Win this Week
Short-term:
Last week we saw the bounce we expected and the Bulls made a fairly strong run. The rally however, is starting to weaken a...
Bounce is Due
Short-term:
Bears attacked furiously last week. The S&P posted its worst weakly loss since January 2016. Bull immediately squandered their chance to regain control on...
Calm Market
Prior week’s recap:
Last week was very calm with the holiday volume. We saw a pullback into Wednesday but that was quickly bought. We then...
Thin Air
Short-Term:
Last week we saw one of the first effects that the thin air we have been talking about. On Thursday The Market reversed early...
Employment Situation
Short-Term:
Well we saw the bounce we were expecting last week, but it looks to be more of a rebound at this point. We rallied...