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Happy Sunday Earnings season kicks off once again and this could be a defining moment for the markets as many of the talking heads on wall street are calling for an earnings recession. If that turns out to be true we could see a substantial pullback in equities as we have some overbought conditions in nearly every sector of the markets. However, if the earnings and guidance come in better than expected the markets could rip to knew highs. If the ladder..
Read MoreHappy Sunday Technically the markets continue to impress as we are approaching potential new all time highs. It seems like most people (including myself) were anticipating some sort of pull back after the huge bounce we had. That has kept a lot of people on the sidelines and under invested. This could lead to money
Read MoreHappy Sunday Markets and sectors continue to consolidate in choppy action. The action was fairly impressive for the bulls considering how the markets had closed on the previous Friday. Brexit, and a China trade deal are events that are lingering around and could move markets if there is some significant news. Economic data like retail sales, ISM manufacturing and non..
Read MoreHappy Sunday What will drive the markets next week? The inverted yield curve, the Mueller report, The Apple event, China trade deal rumors? Nobody knows which one will impact the markets or which direction they will go with 100 percent certainty. All we can do is watch the price action and ...
Read MoreGood morning We have been in consolidation mode through earnings season and there are a couple of sectors that have my attention for next week. We have a few names reporting earnings next week that could help markets decide which direction the next substantial move will be. Watch this weeks video and see what sectors and stocks I will be watching closely.
Read MoreHappy Sunday Markets remain in consolidation mode after a huge run that has both sides (bulls and bears) trying to determine which direction we are heading. Can we muster enough momentum to take out all time highs? Are there any potential catalysts to make that happen as we wind down earnings season? Could we go ..
Read MoreGood morning We have a big week ahead for economic data and a potential path to trade resolution with China. It could be a wild week for equities in what has been a tough market for both bulls and bears. Many have been waiting for a pull back (myself included) so the bulls have been under invested and the bears have been..
Read MoreGood morning This week could be the tipping point for the markets as we have some big names reporting earnings. Technically there are many sectors that have great looking setups but make no mistake in recognizing that there is a lot of work to be
Read MoreGood morning Here is this weeks pro member sector and index overview with stocks to watch. The equity markets have had a nice bounce but how sustainable is it and what is the potential upside in relation to the potential downside? Simply put, we have had a big move in short period of time from extremely oversold conditions and now we have conditions..
Read MoreGood morning We had a nice week for the bulls as we continued to climb to potential price and moving average resistance overhead for several indexes and sectors. This is perfectly aligned with the start of earnings season which is likely going to help determine if we will be moving higher or potentially testing new lows. The government shutdown is now officially the longest in history and it does not appear ..
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