A little Patience PAYS BIG! | Week in Review 03/09/2018

Bull Market Turns 9, Correction Ends As Nasdaq Hits New High So that was fast! The latest correction is now pretty much over as the Nasdaq Composite and Nasdaq 100 both hit fresh record highs on Friday. The other popular averages are only a few percentage points below their record highs but are quickly marching […]

A Near Term Low… | Week in Review 03/02/2018

Friday appears to be another near-term low in the market.  The bears emerged victorious last week as the market traced out a series of ominous technical signs. On a weekly basis, the market opened higher and closed lower which is known as a negative reversal. Additionally, the weekly range (high and low) eclipsed the prior […]

Stocks End the Week Mostly Higher | Week in Review 02/23/2018

This was a constructive week on Wall Street, stocks opened lower but closed higher for most of the popular indices. A subtle, yet important, sign of strength is to see a market open lower but close higher in any given period. All things being equal, the longer the period, the stronger the ramification for the […]

Stocks Bounce Back With A Vengeance | Week in Review 02/16/2018

Last week I wrote, “The market looks like it just put in a near term low on Friday as the bulls showed up and defended the longer-term 200 DMA line.” That is exactly what happened as stocks soared last week and enjoyed their best week since 2013.  I also said, “History shows us that 80% […]