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...

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...

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....

Hedge Funds Go To DJ-30 In “Flight To Safety”

The “flight to safety” continued this week as the big money stuck with the Dow for a weekly gain of 124 points. In contrast, we saw the Nasdaq consolidate throughout the week, with the close on Friday less than 2 points from where it opened on Monday. The...

Market Update – Apr. 23, 2017

As a student of market history, I know that many events repeat. I also know that bull markets last much longer than bear markets and that they are driven by the huge volume of Institutional buying. And it’s always a good sign for the Bull market when the big...

Market Update – Apr. 16, 2017

Trading With The Trend …and the power of “Super-Stocks”   Back in our April 2nd Newsletter, we stated: “My long-term “Herd” and my short-term “Herd” are both on a neutral reading, which usually translates to more...

Market Update – Apr. 9, 2017

“It’s a Bull Market till it Aint” -Coined by Stock Option Coach In our last Newsletter we stated: “My long term “Herd” and my short term “Herd” are both on a neutral reading, which usually translates to more...