Posted on March 9th, 2023
Iam off to my him in New Zealand for a week, but I will still have Daily Market Insight articles coming your way from me and my team. The thing to really know about what’s going on with the financial markets is selling. At least that has been the case this week as Chairman Powell […]
Posted on February 13th, 2023
When you are a technical analyst of stock charts you don’t tend to get to bothered by upcoming company fundamental reports such as earnings, usually. You don’t often make options trading decisions based on upcoming economic reports. But you will find yourself paying attention to the charts after those items come out and base your […]
Posted on January 5th, 2023
One would think people getting jobs and wages increasing would be a good thing for the economy, since it shows people are working, which could spur on consumer confidence with people willing to pay more for goods and services because they have a job to back up those purchases with income from that job continuing […]
Posted on December 1st, 2022
Welcome to December. This is the first day of winter from a meteorological standpoint and we have one more month for 2022 in which the markets have an opportunity to fare better than the year overall. With the very bullish view of investors and traders yesterday post the Fed commentary they may start initiating rate […]
Posted on November 28th, 2022
After a bullish week overall for the Dow and S&P 500 last week and a pretty flat week for the NASDAQ, the markets had a bearish day today closing just off their lows of the day. Some could argue the markets are oversold and were due to sell off a bit. We can’t blame the […]
Posted on November 10th, 2022
The Consumer Price Index (CPI) for October was a good number. What was good about it? The fact that it WASN’T as good as expected. Wait, what? The CPI saw a 7.7% increase over last year and 0.4% increase over the prior month. Both of these numbers are better than Wall Street expected. Economists were […]
Posted on October 27th, 2022
Yesterday was a bearish day for the NASDAQ much of the decline was attributed to the disappointing earnings numbers provided this week thus far by Microsoft, Alphabet and Meta Platforms (previously known as Facebook. Today, after market, we got continued disappointing earnings numbers from Amazon (AMZN) and Apple, Inc. (AAPL) had disappointing news about their […]
Posted on September 23rd, 2022
Today marked the fourth day in a row the major indeces traded lower. This brings the markets to fresh, yearly closing lows for the year. You may hear or read in various financial news sources the rop is happening on rising fear of a recession. Rising? I didn’t know the fears went away and are […]
Posted on September 22nd, 2022
The S&P500 is down 0.8%, almost 1% on the day, This the second day in a row the markets are trading lower. Yesterday the Fed raised rates again and the markets had its typical bout of volatility on the announcement, but ultimately ended up much lower on its close. The chart of the SPY. the […]
Posted on August 26th, 2022
We have an Answer About what Fed Chair Powell and the Fed Could do to Our Stock Market Now a Brief Word from our Fed Chair We are not going to dissect the minimal, but impactful commentary from Fed Chair Powell as there is a ton of this after the commentary and what it means […]
