S&P 500 Rallies To New All-Time Highs – Are The Market About To Break Higher Ending Q3:2021?
The S&P 500 rallied to new highs early in September after the US Federal Reserve statements indicating continued support of the US economy and easy money policies. It appears the…
Read More »IWM Sets Up Dual Pennant/Flag Formation – Suggesting Very Volatile Apex Event
Recently, we’ve seen an extended sideways price trend in the Russell 2000 sector that started in February/March of 2021. The peak price level on the IWM, the Ishares Russell 2000…
Read More »The Markets Have Been Tricky Lately, Here’s One Area That’s Doing Just Fine
It’s been a tough week as the markets bounce around in response to headline news. Both the Nasdaq and the S&P 500 broke below key areas of support on Wednesday,…
Read More »How to Day Trade Bank Stocks Profitably
Banks are an important part of the American economy. As you recall, banks contributed to the financial crash of 2008/9 and were among the best performers during the Covid recovery….
Read More »S&P 500 (SPX) Nasdaq (QQQ) Week Ahead: Equites set another record high as huge earnings week beckons
Another week, another record as the S&P 500 sets yet another new high. It seems at the end of every week we look ahead and wonder if this can keep…
Read More »S&P 500 Index Weekly Forecast: Stocks stay strong, Suez still stuck!
Equities close nicely on Friday to cap a solid week of gains for the broader indices. The S&P 500 finished the week ahead by 1.57%, The Dow is positiv
Read More »Wall Street Close: Four days in the red for the S&P 500, but index still supported above 3900
The S&P 500 ended the session with modest 0.2% losses, meaning the index has now fallen for four straight days, its longest losing streak so far this
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