Week In Review: Market Selloff Continues The major indices ended mostly lower last week as the tech-heavy Nasdaq 100 led the market lower. The market is pulling back and has fallen a decent amount since the high hit in early September. Right now, I’m still bullish in the intermediate and longer term as this…
Week In Review: Pullback Continues On Wall Street The long overdue pullback that I outlined for you several times since August continued as the major indices and several leading (a.k.a. alpha) stocks are flirting with their 50 DMA lines. In fact, the Nasdaq 100, which is the strongest index, is testing its 50 DMA…
Week In Review: The Long Overdue Pullback Hits Wall Street The long overdue pullback finally hit Wall Street as the major indices pulled back from some of the most overbought levels I’ve seen since the 1999-2000! Thankfully, we didn’t panic and instead we had a plan and traded our plan which is exactly what…
Week In Review: Summer Rally Continues On Wall Street Stocks ended the week higher as the robust rally continued on Wall Street. The Dow Jones Industrial Average joined the S&P 500 and Nasdaq Composite and turned positive for 2020 as the major indices continued to race higher. In short-term, the market remains extremely overbought and…