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 […]

Week-In-Review: A Wild Week On Wall Street

A Wild Week On Wall Street This was the wildest week we have seen all year on Wall Street. On Monday, stocks tanked after China retaliated to Trump’s latest round of tariffs. Then, the market rebounded sharply after the bulls showed up and defended the longer-term 200 DMA line. For the week, the market ended […]

Week-In-Review: Stocks Fall After Fed Meeting & New Tariffs

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Stocks Fall After Fed Meeting & New Tariffs The market fell hard last week after the Fed cut rates and Trump announced a new 10% tariff on Chinese goods. Volume picked up as the market sold off which is not a bullish sign. Stepping back, the market was extended and over due for a nice […]