Each week I perform my own analysis of the current "State of the Market." I've found that doing this sort of analysis, in addition to simply reading what others have published, really keeps me in sync with the market. I find that it provides me with a “real-time” feel of what is happening in the market. This enables me to react quicker and with more confidence.
Opening Thoughts Each of the major indexes we track (Nasdaq, S&P 500, and NYSE) each hit fresh multi-year and/or all time highs! This bull market is alive and well and is showing strength in a number of ways that we’ll discuss momentarily. Two brief announcements: NEW WEBINAR 3/19 @ 4:30pm EDT: Introduction to Investing using Adam […]
Opening Thoughts What a month! As you’ll see in the charts below, the indexes started the month by dropping sharply and testing long term multi-year trend lines. Upon testing them, they immediately found support and proceeded to rally to fresh multi-year and/or all time highs! It’s for this reason that I continue to stress the importance of […]
Opening Thoughts The three main indexes that we follow here (Nasdaq, S&P 500, and NYSE) are all perched directly below all-time highs or multi-year highs. The internal components we track (i.e. behavior of leading stocks, the number of new highs vs. new lows, fresh breakouts, and the Growth 250) continue to show strength as well. […]
3 New Features in the Ready List % Chg Cur Week: this tells you how much the stock moved (up or down) in the prior week and serves as an additional way to highlight strength % Chg YTD: this tells you how much the stock has advanced since January 1st. This is an important way to know […]