“Is the selling over?” This is a question nobody can answer with any certainty. But in financial markets we are only ever dealing with probabilities, never certainties. And from my viewpoint, the probabilities strongly favour at least a short-term bounce from here.
Tag: nasdaq
The Stock Market Melt-Up
Key stock market indices the S&P 500 and NASDAQ breached important levels last week. After a mini shakeout in the short term, I think it is likely markets “melt-up” for the next few months before this bull cycle is done.
Don’t Get Too Bearish On Stocks Just Yet
The stock market feels pretty scary tight now and there are meny calling for worse to come. I explain here why this is not the time to get bearish on stocks
Mid-Week Market Update
We had another pretty crazy session on Wall St on Tuesday. I know there’s a lot of fear and uncertainty out there so I wanted to provide you with a quick market update on how I’m seeing things.
I Still Think The Market Goes Higher. Key Levels To Watch.
In this video I highlight key levels to watch in the market and outline why I continue to give the bull market the benefit of the doubt. The trend is less certain than it was, so we need to see how things unfold. Now is not the time for fear OR complacency.
Getting Hit By A Bus
For the second time this year, the stock market got hit by a bus last week. In this article I take a look at the week’s dramatic action in the stock market and look to see whether the weight of evidence leads me to expect higher or lower prices in the future