Saturday, November 23, 2024

Double Bottom?

Short-Term: With the holiday on Monday, we expect a pullback in the Tuesday - Wednesday time frame. So we if we gap up on Tuesday,...

Second Attempt

Short-Term: Last week we saw The Bulls take advantage of the lower volume into the holiday weekend with a stong breakout from the Bear Flag....

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...

Final Push for Bulls?

Short-Term: Last week went precisely as we had anticipated. We saw a small pullback followed by a new high later in the week. Friday was...

Bulls are Weakening

Short-Term: Last week, the SPX gained another .81%. In total the SPX is up about 3% since the open on November 9th, while the Russel...

The Fed or Bust?

On Wednesday Janet Yellen came out and said that the stock prices are "Quite high".  As you would expect stocks sold off even further...

Bulls are getting Tired already

Short-Term: Last week we basically went no where due to a small pullback after the FOMC. This week will likely be very similar. We are...

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...

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,...

Weekend Update

We had the NFP report on Friday which was better than expected but the market sold off. Once again, bad is good and good...