Friday, November 22, 2024

Short update

Hey all, quick update this week due to unexpected travels. Luckily, almost everything we mentioned last week still stands, since we really went no...

President Trump

Short-Term: Last week we went nowhere. As we noted we have now officially entered a range phase. Over the last year, this phase has lead...

Santa Was Late

Short-Term: Last week Santa finally showed up. We did see the bounce as we had expected and retested the all time high. Overall, the Santa...

Range Phase?

Short-Term: Last week was definitely not a normal, low volume, melt higher, holiday week. The SPX closed down 1.10%. We nailed the head fake and...

Bear’s Ball?

Happy New Year!!! Short-Term: Last week was a normal, low volume, melt higher, holiday week. We moved up about .25%, but we are now stuck in...

Here Comes Santa?

Short-Term: As expected the Fed raised the Federal Funds Rate by .25% and increase the numbers of expected hikes in 2017 to 3. The market...

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...

Calm Before the Fed?

Sorry for the no post last week. We were having some technical difficulties. Short-Term: Last week the SPX lost about 1% after the over extend rally....

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...

Trump’s America

Short-Term: Last week we saw the stunning upset by Trump in the US election. As we mentioned, this could be a time when news trumps...