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.
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.
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
With the exception of February this year, dips have been shallow. Tgis dip is setting us up with another buying opportunity.
Watch the market update video. Market is looking more bullish The S&P 500 continues to hold above the key support level I have been highlighting recently (~2800). We are also seeing more positive developments in the Healthcare and Consumer Staples sectors, both of which are looking more bullish. Drought of new highs However, the S&P […]
Watch the market update video. The bull market continued unabated last week, with the S&P 500 pushing through a key resistance level I have been highlighting and reaching above the 2800 level again. Strong earnings season Second quarter earnings have been helpful to the stock market. So far this earnings season the “beat rate” is […]
Watch the market update video. This week I have recorded for you a short (9 min) video covering some bullish developments in the markets. Below, I have briefly summarized what I cover in the video: Firstly, this: The QQQ is the ETF that tracks the NASDAQ. This is a BULLISH development for the NASDAQ, which has been providing […]
In this post, we look into: the main concerns market players are contending with presently The yield curve, why it’s flashing a warning signal How to predict a bear market and recession Trump’s “Trade War” The current state of play in markets The markets We are mid-way through the year and 2018 is shaping up […]