Market Update: The bulls showed up after a short and healthy hiatus and regained control as we make our way through earnings season. The Nasdaq and Nasdaq 100 continue to lead the way higher. While the Dow & S&P 500 continue acting very well. The Russell 2000, financials, materials, transports and many other important areas…
Dear All: 1. There are 10 New Setups In This Week’s Report 2. Recent Media: CNBC: Health care lifts Nasdaq to new record closing high; Street awaits Trump Tuesday, January 10, 2017 Forbes: Eddie Lampert Just Took A Play From Bill Ackman’s Playbook Thursday, January 5, 2017 CNBC: Stocks Slide Amid Uncertainty Surrounding Trump Policies; Financials…
Housekeeping: Due To The Shortened Holiday Week, This Will Be The Only Intra-Week Update Market Update: The major indices remain strong as they continue to remain perched just below record highs. Under the surface we are seeing what I call, the “great mini rotation” which refers to big money rotating from one sector to another…
Dear All: 1. There are 10 New Setups In This Week’s Report 2. Recent Media: CNBC: Health care lifts Nasdaq to new record closing high; Street awaits Trump Tuesday, January 10, 2017 Forbes: Eddie Lampert Just Took A Play From Bill Ackman’s Playbook Thursday, January 5, 2017 CNBC: Stocks Slide Amid Uncertainty Surrounding Trump Policies; Financials…