Strongest Q1 Since 1998 The first quarter of 2019 has officially ended, and stocks enjoyed their largest first quarter gain since 1998. That leads me to believe that we are headed into a climax run similar to what happened in 1998-2000 and 1927-1929. In 1998, the market had rallied for several years then briefly fell…
Market Falls Despite Dovish Fed The market fell hard on Friday wiping out the week’s gain after fears resurfaced regarding the global economy. Before Friday’s sell-off, the big news came from the Federal Reserve after it publicly moved back into the dovish (easy money) camp and cited concerns regarding the global slowdown. The Fed said…
Bullish Tailwind Continues On Wall Street The bullish tailwind continues on Wall Street as the market had every chance to fall but didn’t. The market fell in the first week of March after the weak jobs report was announced. Within a few hours, the bulls promptly showed up and defended support which was a very…
10-Week Rally Continues On Wall Street The market ended higher last week as the very strong 10-week rally continues (for now). The market remains strong as sellers remain marginalized and nowhere to be seen. The fact that the market refuses to fall is an encouraging sign and bodes well for the bulls. Stepping back, the…