Monday, December 23, 2024

Nothing New

I still maintain the call from Tuesday. The market has been mostly dead as we enter the Holiday weekend which has a slight bullish...

No Follow Through?

So we finally did breakout to new highs, but barely. There has not been much follow through yet and the market has been pretty...

Weekend Update

So we had the pause on Friday as expected which helps gather energy for a break out, but some internal signals are still not...

1st and Goal

Bulls attacked again with the SPX finishing up almost 23 points. They are winning the fight at this point and are poised to break...

Epic Battle

Today we saw the epic battle between bulls and bears continue. The chart still favors the bulls but only slightly. We are still in...

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...