Week in Review: Stocks Surge In Last Week of April… 04/29/2017

Stocks surged last week on a trifecta of positive news. First, the French Election came back with a market-friendly outcome. Second, President Trump announced his much-awaited Tax plan. Finally, the long earnings recession is over.  Technically, the bulls showed up and defended major support for the indices and sent stocks soaring back above their respective […]

Week in Review: Geopolitical Fears Send Stocks Lower; Metals Soar… 04/15/2017

Geopolitical Fears Send Stocks Lower

Stocks ended weaker last week and closed below important near-term support (50-day moving average line) as the market continues to digest the very strong post-election rally. Last week was the first time we saw all of the major indices break down and close below their respective 50 DMA lines since the election which is not […]

Week in Review: Stocks End Lower Amid Geopolitical Turmoil… 04/08/2017

Stocks ended slightly lower on the first week of the second quarter but, for now, the bulls managed to defend support. The two “big” market-moving headlines came from the Fed and President Trump. On Wednesday, the Fed released the minutes of its most recent meeting and it showed Fed officials want to unwind the massive […]