Category - Weekly Stock Market Update

Weekly Stock Market Update

Bullish Momentum – April 17, 2018

Stock Market Update The support that I indicated was so important in my last few newsletters has held, as we expected, which adds fuel for a bullish resolution to the short-term correction that we have been in since the beginning of February. This...

Weekly Stock Market Update

Inflection Point – April 9, 2018

Stock Market Update Two weeks ago I wrote about how market technicals were suggesting internal strength and thus the market was likely to continue its uptrend once we exited the current short-term correction phase that we are in. Last week I wrote...

Weekly Stock Market Update

Stock Market Update – Feb. 11, 2018

The S&P 500 fell a little over 5% last week, is down 10.1% peak-to-trough and 2% for 2018. The index hit it’s 200-day moving average on an intraday basis Friday and bounced. This average should act as support in the coming weeks. While...

Weekly Stock Market Update

Stock Market Update

  A lot has happened in the past week. The S&P 500 fell 4.1% on Monday and dropped 7.8% from Jan 26 through yesterday, erasing all the gains for the calendar year. Yesterday’s panic selling was severe, and volatility has emerged with...