Hey folks, we’ve had a wild ride in the month of June. Now we are currently undergoing another potential Bull Run but the key will be how far and for how long? Get my take on the current market status in this week’s round-up. WEEKLY SOUND BITES: Major indexes finished sharply higher this...
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Hey folks, it will be a long Holiday Weekend for US Markets with Monday being the Juneteenth Holiday. Markets are in turmoil and where we go from here will depend upon a few key variables. Get my take this this week’s current market action. WEEKLY SOUND BITES: The major indexes finished...
Hey Folks, markets took another turn lower this week with the inflation reading coming in higher than the prior peak in March. This suggests we have not reached peak inflation yet and price action reacted accordingly. Get my take on what this means for market price action in this Week’s...
Hey Folks, markets do not seem to be able to hold any long term upside rallies with more sellers pushing prices lower. Get my take in this week’s market round-up. WEEKLY SOUND BITES: The major indexes all moved lower as Indexes surrendered a portion of the previous week’s strong gains as...
Hey everyone, on this long holiday weekend here in the US it is a great way to start with a very strong bullish week in price action. Can these markets move higher? Get my take here in this Holiday Weekend update. WEEKLY SOUND BITES: The major indexes all moved higher by more than 6% this...
Hey Folks, markets are very weak and we are currently under a Buyer strike where every rally fails. I would expect a near term rally going into the end of May but then there is a higher possibility of a move lower taking out the lows of this week as we move into June/July timeframe. Get...
Hey Folks, another down week in the markets helps move indexes lower as records continue to be set. Get my take on where to from here in this Week’s Round-Up. WEEKLY SOUND BITES: The major indexes recorded another week of losses, as investors appeared to grow increasingly skeptical that...
Hey Folks, all eyes will now shift their focus to the coming CPI data hitting the markets this coming week with everyone asking the question, “Is Peak Inflation Near”? We will know soon enough but you can get my take in this week’s market round-up below. WEEKLY SOUND BITES: The major...
Hey Folks, markets are very ugly giving us another 4 consecutive down weeks. Worst four month start in US markets since 1930s. Get my take where to next? WEEKLY SOUND BITES: The major indexes endured a fourth consecutive week of losses with the DOW just shy of an official correction while...
Hey everyone, very interesting price action towards the end of this week, primarily driven by comments by Fed Officials. Let’s get my take on the current market action in this week’s Round-Up. WEEKLY SOUND BITES: The major indexes ended lower on the week. The Russell 1000 Growth Index...