Another day, another rally, what else could you possibly expect. Okay, maybe I am jumping the gun here a little bit, because the S&P 500 and Dow are in the red, but who cares, because with the Nasdaq trading higher right now, and the Russell 2000 extending its rally from Friday another 1/2 percent, what’s
The stock market is crashing in 2020, right? Not according to the Nasdaq 100 it isn't, in fact that index is up over 1% on the year. So is this stock market going to crash again, like we saw before, or is the stock market going back up to new all-time highs? March's stock market
Swing Trading Strategy: A potential cure from GILD… Perhaps the greatest counter rally anyone will ever see, the bounce off of the March 23rd lows in many ways has been unexplainable and perplexing, and if you are keeping watch at home, the Nasdsaq 100 is now up +2% on the year, and only 8% away
Swing Trading Strategy: More Jobless Claims… We have 5.25m vs. 5m expected on the Jobless Claims front this morning. The Market loves it, in fact the last four jobless claims that have centered around the impact of the Coronavirus, there have been 22 million jobs lost and every time the market has viewed that as
What an amazing stock market rally over the last three weeks, but will the stock market rally continue and recover from the crash and can it do so next week? The stock market has seen one of the most significant stock market crashes of all time in 2020 and it is all but certain that
Swing Trading Strategy: Market Reality Check… Last three weeks the market has been riding the hope train and now suddenly price action is bleeding red across the board. Is this simply a buy the dip opportunity like March 23rd was, but to a lesser extent? Or are we jump starting the next leg lower? The
You might be getting $1200 from Uncle Sam but what has unfolded over the last couple weeks means you've been royally screwed by the federal government. The biggest wealth transfer, further deteriorating the existence of the middle class, and expanding the wealth gap between the rich and poor was pass by both parties and signed
Swing Trading Strategy: Kicking off Earnings… The earnings weren’t good at all from the banks, and while no one really expected them to be, they were even worse than expected. JPM’s EPS came in at $0.78/share despite analysts expecting $2.16/share. However the market was not phased by this at all. The market right now is
No volume = No Sell-off The volume is the biggest issue for the market right now. It isn’t because there is this incredible euphoria taking place with the bulls and that as a result is just overwhelming the sellers, instead it is because there is no volume at all, and when that happens, the market
Market rally is impressive, but are we really dead set on a market bottom?  Goldman Sachs (GS) is out there telling you that the bottom is in, so is Morgan Stanley (MS). But should they be trusted? Could there be ulterior motives at play there? I’m just not buying this hype that suddenly all