Hey folks, after getting a number of mega cap tech earnings this past week it was enough to propel the markets higher. However the breadth underneath the markets is fairly weak and this will need to improve or we are setting ourselves up for some consolidation and downward price action...
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The markets continue to push higher setting new all time high records. This upcoming week will be very important with key earnings and the Feds announcing their thinking going forward. WEEKLY SOUND BITES: US indexes ended mostly higher bringing the Dow and the S&P 500 Index to new...
In this Holiday shortened week in the US we saw markets make a strong recovery from the first few weeks of the new year. Get my take on where to from here as we have a lot of key data hitting the markets over the coming weeks. MARKET SOUND BITES: US indexes ended mostly higher over the...
Hey everyone, the markets took a breather as we move into the first trading week of 2004. Get my take on how things are shaping up in our first Weekly Round-Up for 2024. Market Sound Bites: US indexes gave back a portion of the past several weeks’ solid gains as investors appeared to...
What a week and what a FED meeting! All markets responded enthusiastically to the FEDs apparent shift of rising rates to possible cuts as soon as March 2024. As always the markets are in front of the Feds thinking more rate cuts are coming vs what the FEDs are saying but a big burden...
Hey folks, as the markets wind down to close out 2023 the upcoming FED Meeting will be significant in that we will get the latest FED Dot Plot on their interest rate expectations for 2024. This will help drive the markets into the final weeks of 2023. Get my take on this in this Week’s...
Hey Folks we saw a recording breaking November for US Indexes and now we will see where the month of December takes us. Get my take here in this week’s round-up. WEEKLY SOUND BITES: US indexes have built on strong gains over the month of November. Momentum continued in the last week of...
Hey Folks, we’ve seen an impressive move in the US Indexes over the past 3 weeks. Will this momentum continue into the end of the year? A Santa Rally? Get my take in this week’s round-up WEEKLY SOUND BITES: US indexes have built on strong gains over the past two weeks. The week’s advance...
Hey folks a few strong weeks of upside market action does not make a market but it goes a long way to flushing out a lot of Shorts while calming the markets some. We did see the US got a Negative credit watch from Moody’s after markets closed this past Friday so we will have to see how...
Hey Folks, the Bulls were clearly in charge this week. Are the markets now ready to put interest rate hikes behind us and move forward in a more constructive and bullish manner. Get my take in the markets in this week’s round-up. WEEKLY SOUND BITES: US indexes finished its strongest...