Category: Big Picture

Is This a Double Top or are New All-Time Highs for the S&P Going to Happen Again?

Posted on February 16th, 2024

As of now, this one day later which is Friday 2024-02-16 shows SPX closing at 5,005.57 as of the time of this writing which is just after the closing bell for Friday. Right now, ahead of the three-day weekend SPX is trading at resistance making for a double top for now. It might have traded […]

Magnificent 7 Stocks Earnings Beats Fuel Markets

Posted on February 2nd, 2024

What comes to mind when you hear the term Big Tech or Major Tech Companies? Nowadays it is a group of stocks called the Magnificent 7 or Mag-7. The S&P 500 is trading at or near all-time highs, even after recent comments from Fed Chair Powell saying he is uncertain if the Fed will perform […]

SPY at All-Time Highs and Trading Styles to Consider

Posted on January 19th, 2024

We are truly just starting out the trading year, beings we’ve only had 14 trading days thus far, but so far the bullishness that some could say started back in October of 2023, could still be intact. Last week we had economic reports, the CPI and PPI along with jobless claim numbers and the overall […]

Post the Inflation Reports: How do the Markets Look?

Posted on January 12th, 2024

Two key inflation reports came out this week,  The Consumer Price Index, CPI and the Producers Price Index, PPI. If you are wondering which is deemed the more important of the two or put it this way it can be viewed as the better leading index, because it takes in to account the pipeline prices […]

Jobs Data Came Out Today and the Markets Made Year-to-Date Highs

Posted on December 8th, 2023

We are in the final month of 2023 and the markets since October 27 have ramped to fresh highs. Granted the market had consolidated the first handful of trading days for December, but after the jobs data came out today the markets, which I use the tracking ETF for the S&P 500, the SPY, made […]

The Stock Market Should Remain Bullish the Rest of 2023

Posted on November 24th, 2023

We are a day past Thanksgiving, yet it is still good to point out the month of November produced another month of performance we should all be thankful for. We have another week to go before we close the books on November’s performance, but thus far it has done well for the bulls.  It has […]

Has the Santa Claus Rally Already Started?

Posted on November 17th, 2023

You may have already heard talk of or reference to the Satna Claus Rally. Depending on who you ask some will say it doesn’t happen until the week before Christmas and some will say it happens the week after Christmas and in to the first of the year.  What I read shows this latter time […]

Expectations for Option Traders for the Rest of 2023

Posted on November 3rd, 2023

The financial markets started this week in the green / positive. That has happened multiple weeks prior to this week, but those gains and positive starts got sold off by the end of those weeks.  The markets have been in a bearish, dare I say ‘corrective’ phase from August through October. Welcome to this week […]

My Recent Podcast for Investors and Options Traders Alike

Posted on October 27th, 2023

The financial markets had a bearish August and a true to form bearish September.  Based on the past 10-year look back with seasonal analysis it showed a bullish past history that had me and others anticipating a bit of a snap back month for October.  That did not happen. My buddy and I Chris Johnson […]

The Jobs Report was Released Today and the Markets Traded Higher… What?!

Posted on October 6th, 2023

As the markets continued its September swoon into the first few trading days of October, which based on seasonal patterns shows the month tends to be more bullish than bearish, one had to start asking themselves, what if the season expected for October doesn’t happen? A concern for the markets going in to today is […]