Market Update: Watch The 50 DMA Line Stocks continued to rally nicely as earnings season kicked off with a bang. After the bell, Netflix smashed numbers (again) and is up nicely in the pre-market. Additionally, Goldman Sachs, JNJ, IBM and BAC were a few other well-known companies that reported numbers in the last 24 hours. For…
Dear All: There are 10 new setups for your review Report attached – Find Leading Stocks Report 04.16.18 Recent Media: CBC Canada Asked Adam About The Stock Market Thursday, April 5, 2018 Reuters Asked Adam About The Stock Market Wednesday, April 4, 2018 CNBC Asked Adam About The Stock Market Wednesday, March 28, 2018 Reuters Asks…
Market Update: Earnings Season Begins The market is still “up” on the week but that could change in an instant. Right now, the major indices are trading between the 50 DMA line and the 200 DMA line. By definition, the next move wins, meaning if we break above the 50 DMA line, then odds favor…
Market Update: Stocks Try To Bounce Yesterday’s action as not the best. The market was up nicely and then gave back nearly all of its gains in the afternoon after news spread that the FBI raided the office of one of the President’s lawyers. Since the election, the market has ignored all of these crazy…