Blog
Happy New Year and Happy Sunday to all It was a fantastic close to a strong year for the stock markets but now things could get a bit tricky. The greed index is at extreme levels and we saw our first signs of weakness in the markets on Friday. We are overbought in the short term and with the geopolitical concerns and a very weak ISM
Read MoreHappy Sunday Santa has come early this year for the bulls and the stock market may just keep on giving into the end of the year but I do see some cautionary signals starting to develop. Do not be too greedy in times like these and always remember that what goes up can
Read MoreHappy Sunday This week I am giving everyone the full list of stocks to watch. Last week was another strong week for the bulls as stocks continue to melt up. We could be looking at an eventual blow off top that leads to a dramatic..
Read MoreHappy Sunday Big week ahead for stocks with one sector that has been beaten up and could be ready for a rebound. The bulls remain in charge and as stock markets continue to make all time highs and that trend
Read MoreHappy Sunday The Fed did not do anything to scare the markets last week. Tie that in with the fact that earnings and guidance are coming in stronger than many were expecting and that gives us a market that appears to want to power through all time highs. There is a real possibility that we could see some euphoria creep into the markets that leads to a ...
Read MoreHappy Sunday We have another big week of earnings ahead and a jam packed week of economic data including a Fed meeting as we sit at or near all time highs. Earnings have been a bit better than anticipated with guidance being more optimistic than many ..
Read MoreHappy Sunday There were several low float garbage runners last week the had incredible short squeezes and if you were fortunate enough to be on the right side of the trades you probably had a nice week but these types of moves from low float speculative companies will not be what moves sectors higher or takes ..
Read MoreHappy Sunday It was a nice way to end the week but I am still somewhat cautious from a technical perspective as to whether or not the bulls can maintain control. Earnings season kicks off next week with financial stocks in focus. However,
Read MoreHappy Sunday Last week started out with the bears in control and some real fear starting to creep into the markets but by the end of the week the bulls retook the reins and we closed out the week with a green day on Friday after a nice reversal day on Thursday. I can not tell you if the strength will continue sending the market roaring to new all time highs or if this will only be a short lived snap back bounce that will eventually lead us to some lower lows. Time is the only thing that will tell us that with certainty. What I can tell you is what stocks and sectors...
Read MoreHappy Saturday The markets stumbled last week as news of an impeachment inquiry has begun. Where this will all lead is anyones guess but the markets do not like uncertainty. There are several indexes / sectors that are flashing warning signs and that leads me to raising the caution flag heading into the month of October. The month is typically associated with being a bad month for bulls as we have had several significant drops throughout history occurring in the month "The events that have given October the reputation for stock losses have happened over decades, but they include the Panic of...
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