Market Update: Earnings season has officially begun and we are seeing a softer than expected reaction- thus far. It is important to note that the market has rallied sharply since the election and this could be a classic case of buy the rumor and sell the news. Meaning, the market rallied on the rumor that…
Dear All: There are 10 new long and short elite stock setups for your review this week Report attached – Find Leading Stocks Report 04.17.17- Here are Adam’s recent media quotes: Forbes: Earnings Preview: What To Expect From Citigroup On Thursday Saturday, April 8, 2017 CNBC: Stocks Close Mostly Flat As Trump-Xi Meeting Approaches Tuesday,…
Market Update: Just a quick pre-market update because the market will be closed tomorrow. The market is echoing what we have told you over the past few weeks that defense is king. Clearly, the pullback continues as geopolitical woes remain elevated and we head into earnings season. The Russell was the first index that broke the…
Market Update: Once again, what we told you in this report for the past few weeks, came true: watch the 50 DMA line! Earlier today, the major indices briefly sliced below that level before the buyers showed up and quickly defended support. Remember what we wrote last week, “the 50 DMA line is nothing more…