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Week-In-Review: Bullish Week On Wall Street

Bullish Week On Wall Street The market rallied sharply last week after news broke that the U.S. and China will sit down next month and hopefully resolve their trade dispute. Technically, it was a bullish week as the major indices jumped above their respective 50 DMA lines which has served as formidable resistance over the…

Week-In-Review: Here Are The Levels To Watch On Wall Street

Range-Bound Action Continues…For Now After all the dust settled, the market is still range-bound as it is trading between support and resistance. One must expect this sloppy range-bound action to continue until either resistance, or support, is taken out. Until either event occurs, we have to deal with this messy action. In the short-term resistance…

Week-In-Review: Stocks End Week Lower After Bond Market Fires Recession Warning
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Week-In-Review: Stocks End Week Lower After Bond Market Fires Recession Warning

Stocks End Week Lower After Bond Market Fires Recession Warning It was another wild week on Wall Street as the spooky R word (recession) returned for the first time in years. On Monday, several of the big U.S. banks came out and increased the chances of a recession occurring in the near future. That was…