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
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.
In today’s blog post I look at the bull market from the perspective of a market that has just made a new all-time high and examine whether a more bearish stance is warranted here. New highs for the longest bull market Unless you’ve been off the grid for the past week, you will have heard […]
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 […]