Stocks had every chance in the world to fall on Friday and the fact that they didn’t suggests the bulls are still in control… For now. Stocks ended the week lower, snapping a 5 week very strong win streak. The pullback began when a slew of…
Dear All: 1. There are 10 New Tactical Trade Setups In This Week’s Report 2. Recent Media Appearances: CNBC: Dow, S&P end green for 2016 as health care, financials leadFriday, March 18, 2016 CNBC: Stocks close mixed amid oil slideMonday, March 14, 2016 Reuters: Wall Street Falls As ECB’s Ddraghi Signals End To Rate…
Market Update:The Dow Jones Industrial Average and S&P 500 index turned positive for the year. Once again, the primary driver of this entire (and aging) bull market remains easy money from the Fed and other Central Banks. For all intents and purposes, the Fed adopted an easy money stance yesterday when they lowered their outlook…
Market Update:Markets are quiet as the world waits for the Fed meeting to end and the press conference on Wed. Most likely, the Fed will not raise rates tomorrow but, if we had to guess, we would suggest they will adapt a somewhat hawkish stance and say that financial conditions have improved since their last…