Market Hoping for a Jobs # Miss
Short-Term:
We finally saw some strength from the Bears last week. The intraday chart on Friday was the strongest move we have seen from them...
Dog Days Part 2
Short-Term:
We went essentially nowhere last week, again, so mostly everything we wrote about still stands. We are in the Dog Days of August, and...
Dog Days
Short-Term:
We went essentially nowhere last week, so mostly everything we wrote about last week still stands. We are in the Dog Days of August,...
Final Flag?
Short-Term:
Last week, we finally saw a high to low 1.5% pullback. However, the bear breakout of the tight range failed and the bulls immediately...
Money Still Flowing, but Expect a Larger Pullback in August.
We spoke at the end of June that: "July would be the key" and we would see a large move. Indeed, we did, and...
FOMC and A Small Pullback Due
Short-Term:
Bulls had a decent week last week, but we did see a small pullback midweek due to the overheated conditions we noted. However, this...
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...
Breakout?
Short-Term:
Last week we saw the pullback we were expecting to the 207-208 area. Bears lost the fight for the week and bulls look poised...
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...
July will Be the Key
Short-Term:
Well Britain did it. They voted to leave the EU and the market took a beating. Most investors were completely blindsided as many polls...