Stocks ended mixed in September and higher for the quarter. Volatility, which had been muted since Brexit, jumped last month as stocks traded all over the map. At this point, the big take-away is the Fed (and other central banks) stepped in for the umpteenth time and did their best to juice stocks. On September 9th,…
Market Update: The very split tape we have mentioned all month continues as the Nasdaq 100 and Semiconductors continue to lead while most of the market continues to lag. The Dow & S&P 500 are both rolling over after encountering stubborn resistance near their respective 50 DMA lines. Today’s “trigger” was a headline that said some clients…
Market Update: The market fell on Monday, erasing most of the Post Fed Rally, then the bulls showed up and sent stocks higher (as of this writing) on Tuesday. If the bulls continue to send stocks higher, then you can easily see a strong weekly chart (open lower and close higher). If the market can breakout…
Dear All: 1. There are 10 New Setups In This Week’s Report 2. Recent Media: Forbes: Facebook Is In Hot Water: What’s An 80% Error Between ‘Friends?’ Friday, September 23, 2016 Forbes:3 Timeless Lessons You Can Learn From The Wells Fargo & Mylan Scandals Wednesday, September 21, 2016 CNBC: Stocks close higher as Fed, BOJ…