Fed Fed Fed
Short-Term:
Last week we saw a monster move with the SPX up over 3% as the Trump Rally continues. We noted that the bottom line...
Weekend Update – Happy August
Happy August everyone! We are now in the dog days of summer, and that usually also translates to the market.
Last week, the pullback was...
NFP Report
The triangle pattern finally completed. We first saw a breakout which failed. Normally, when a breakout fails, you then would break out on the...
Overbought
Short-Term:
We had a strong move last week, however we are currently very overbought, so a pullback here is due. This means if we are...
Large move possible
Short-Term:
Bears just missed the pink box but still have time to exceed it since we are still on the same down leg. Most of...
Final Flag
Short-Term:
Last week, the breakout was confirmed with the strong close to the week. The target is around 248. This will get us very close...
Inflection Point
Short-Term:
This week, should play out similar to the beginning of last week. Some of our indicators are pointing to a bounce so we should...
Stock Market Bulls Strike Back
Prior week’s recap:
Last week went exactly as planned in the market. We saw the Gap down when Futures opened Sunday night which ended up...
Still Looking…FOMC Wednesday
Short-Term:
Last week SPY made new all-time highs. However, since SPY is dividend adjusted, this new high does not necessarily count. The decisive new high...
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...