Week-In-Review: Stocks Flirt With Record Highs

Market Flirts With Record Highs The market rallied nicely last week after more easy money was announced and both the U.S. and China played nice regarding the ongoing trade spat. In the short-term, the major indices are very extended to the upside and are over due to pullback. Near term support is the 50 day […]

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 […]