Global Markets End Week On A Mixed Note

Market Overview Much as we anticipated, the markets finished the week on a mixed note as the 3 major indexes were unable to keep any of the mid-week gains and finished the week pretty much where they started.  The DJ-30 gained a measly .4%, the S&P 500 posted just...

Nasdaq Leads Major Indices With 125 Gain

Market Overview The Dow was the strongest index last week it made a strong move up to close on Friday up roughly $470, while the Nasdaq gained $90 and the S&P finished up $40. We’ve been talking about the market beginning its next major upleg and with a move...

Overhead Supply Stunt Gains; Markets Overbought

Market Overview We hit the nail on the head last week and if you followed the odds hopefully you were able to scrape out some profits from a few of the short runs. We felt that the odds favored the market would “run into overhead supply that may slow or stop the...

September: Worst Month Statistically For Markets

Market Overview Last week was a great week to be long, as all 3 major indexes made gains each day of the week, with the exception of the Dow Jones which needed to rest Monday before joining the S&P & Nasdaq in considerable gains for the week. The Dow was able...

Markets Finish First-Half of 2017 With Record Gains

The DJ-30 closed the week down 0.21%, or 45.13 pts from last week’s finish, although it was able to find support on Friday at the 21 dma. The Nasdaq also closed the week down for about a 2% decline, ending a volatile 5 days of trading. It tanked Monday &...

Institutional Buyers Lead Markets To Higher Ground

The SP-500 and DJ-30 both finished the week with small gains, while the COMPQX found major buying, ending the week up 113 pts for a 1.84% gain. This is not surprising as the 3100 stocks in the Nasdaq are made up of the leading super stocks like AMZN, GOOGL, TSLA, etc....