Market Update: Fed & Earning The market pulled back on Monday after Mueller indicted Paul Manafort and his right-hand man. Looking forward, the Fed meets again this week and a slew of earnings continue to be released. No one is expecting the Fed to do anything until December and earnings continue to be hit or miss…
Dear All: There are 10 new setups for your review Report attached – Find Leading Stocks Report 10.30.17- Here are Adam’s recent media quotes Reuters Asks Adam About Cloud Computing Thursday, October 26, 2017 NYTimes Asks Adam About Blackberry Monday, October 09, 2017 CNBC Asks Adam About Earnings Season Monday, October 09, 2017 Reuters Asks…
Market Update: Mind The Gap The market is finally pulling back from extremely overbought conditions. The Dow Industrial’s closed at 23,329 which is almost 1,000 points above its 50 day moving average line (22,373). That’s a big “gap” between the current price and a perfectly normal area of support. Be mindful of over the next…
Market Update: Market Trivia The market remains very strong as it simply refuses to fall in any meaningful fashion. Yesterday, the Dow was down 54 points and today futures are up 58. Until any meaningful selling shows up, the bulls remain in clear control of this market. 1/3 of the companies in the S&P 500…