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The Stock Market Is Looking Better But Caution Is Still Advised
Article By: Keith Schneider
Sunday, January 15, 2023 1:20 PM EDT
Investors have felt a sense of relief over the past week, and positive market daily closes have put a smile on our faces. However, it most likely will not last. There are still too many potential economic issues in the way for a full out bull market.
In this article: QQQ, AMZN, IWM, SPX, SPXEW
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Last Week's Short-Term Uptrend Continues With Surprising Strength
Article By: Douglas Gammons
Saturday, January 14, 2023 3:00 PM EDT
The short-term uptrend that started Jan. 6 appears set to continue. This is a powerful uptrend that has caught people off guard. However, the PMO index is now at the top of the range, which means that the best time for purchases has passed.
In this article: NDX, SPX, DJI Also: SCHD, EEM, JNK, TAN, VIX, SPXEW
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Will 90% Up Day Flip The Stock Market Script?
Video By: Chris Ciovacco
Saturday, May 14, 2022 12:45 PM EDT
The NYSE experienced a rare 90% up day during Friday’s strong stock market rally. Will it be enough to flip the stock market from bearish to bullish?
In this video: QQQ, AAPL, MSFT, VTV, XLK, XLP, SPX, DJI, SPXEW, ARKK
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A New Short-Term Downtrend Has Started
Article By: Douglas Gammons
Saturday, February 12, 2022 12:30 PM EDT
Market price action has been really bad lately, and a new short-term downtrend has started. Although the PMO index has not yet turned lower, several of the other indicators are pointing lower in a convincing fashion.
In this article: W, JNK, NDX, SPX, DJI, SPXEW
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We May Still Be In January's Downtrend
Article By: Douglas Gammons
Saturday, February 5, 2022 1:00 PM EDT
On Monday there was a rally, but Thursday saw an awful session. I'm not certain if the market is in a new short-term uptrend, and that is because the PMO index hasn't followed through to the upside. We may be in the downtrend that started in January.
In this article: IWM, JNK, NDX, SPX, DJI, SPXEW
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