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 »

Indexes Still Undecided

The markets have been on fire for months, but that isn’t necessarily the case beneath the surface. Despite the S&P 500 and the Nasdaq trucking along and making new all-time…

Read More »

How Anchor Survived the 2020 Crash

This is how the Anchor portfolio looked like on Feb.6 2020, two weeks before the start of the decline: SPY was at 334, total portfolio value around $143k. This is…

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 »

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

Read More »