Posted on April 13th, 2022
What a Ride in the Markets Today Here is an intraday chart on the SPY today. It gapped down on the open yet stayed pretty flat up until the recent Fed minutes were released then it was strap on the seatbelt for the roller coaster ride the rest of the day. I seriously had that […]
Posted on April 6th, 2022
4-Day Winning Streak on the Dow Broken Today When you look at a candlestick chart you are not going to see a huge bearish candle and if you look at an OHLC (Open, High, Low, Close) chart today’s bar may look more like a doji-type day. One-day does not make a trend, so we watch […]
Posted on March 30th, 2022
Tuesday, the market started its sell off after the comments from Fed Chairman Powell say about 12:30 pm US ET. Chairman Powell said the Fed is prepared to use all the tools at its disposal to combat inflation. We heard that the week prior when he raised rates a quarter of a point. He re […]
Posted on March 23rd, 2022
First rate hike since 2018. It was for 25 basis points. How does it feel? Not bad. Keep in mind Chairman Powell said there are going to be up to 6 more this year. And if that weren’t enough, the Fed’s policymaking committee signaled it also sees three more rate increases in 2023. Fed officials […]
Posted on March 16th, 2022
This is the type of stuff that goes on typically in more bullish market environments. Many folks will tell you that there isn’t any value difference in your holdings after the split than there was before it. An example: 100 shares at $200 pre-split is the same as 200 shares at $100 post-split. It is […]
Posted on March 9th, 2022
State of the Union Address and the Stock Market Please hold your political views to yourself. Regardless of which side of the aisle you are on keep any commentary amongst you and yours. I am not here to give my political view or to try and convince you what you should think on any of […]
Posted on March 2nd, 2022
Stock Market Correction If a correction is deemed as a 10% drop from a security’s recent highs then it looks like 2 of the 3 big indices (represented by their tracking ETF DIA and QQQ – tracking ETF of the NASDAQ 100) are already in correction mode. I, along with many others (financial news networks, […]
Posted on February 24th, 2022
What Affect did the Release of the Fed Minutes do for the Stock Market Today? The minutes from the Fed Reserve last meeting were released today. The tone was deemed hawkish, and they said what we have been hearing from them for awhile now and that is they are prepared to raise interest rates. The […]
Posted on February 16th, 2022
What is your favorite dip? How about a Tech Dip! That seems to be the favorite dip amongst investors right now. The NASDAQ is on a continued roll higher today after a great day that happened for it yesterday. Today, the NASDAQ is up 1.9% at the time of the production of this week’s newsletter. […]
Posted on February 9th, 2022
What is happening with earnings so far? What has been heard and now read is more companies are reporting earnings (eps) estimates better than expectations, but less than the prior earnings quarter. There is a quality article from John Butters, who is Vice President and Senior Earnings Analyst at FactSet. Some of the info gathered […]
