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...
FED Week
Short-Term:
As we noted, Bulls have indeed bought themselves more time. We hit 80% of the green target last week but we will likely still...
The Great Debate
Short-Term:
Last week we saw the flat to up move before the announcement and as expected the Fed held steady on FFR. We then saw...
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...
Weekend Update
Last week played out exactly as we planed. Weeks like that are just easy money. We were down about 25 handles at one point...
Bulls Need to Push
Short-term:
As we expected we saw a bounce and move higher over the last week or so. Bulls need to continue to push higher here...
Weakening Bull Trend
Hi All! Getting back into the swing of things after a much needed break! Lets get right to it!
Short-term:
Bulls are currently firmly in control...
Testing Range High
Short-Term:
Bulls had a big breakout on Friday. Next we must see follow though this week with a break above 195 to make sure it...
FOMC Wednesday
Short-Term:
As we noted last week, we did see a lower low as expected. Bulls were then able bounce the market on Thursday and we...
SPX Down 58 Points
Quick update this evening.
We filled the 195 Gap but left a new Gap to the upside around 196. That will likely be filled eventually....