By

Christian Tharp, CMT
Market Recap For December 6th, 2021 Friday ended on a positive note, and there was a strong possibility that this week would start off the same. Sure enough, Monday brought a rally. Yesterday’s close was a solidly bullish one, but the slight fade at the close looked similar to Monday and Thursday of last week....
Read More
Market Recap For December 5th, 2021 Friday’s Spotlight documented last week’s tendency for the market to flip back and forth from up to down. The combo of Thursday to Friday was no exception. Although all major indices finished in the red, Friday ended with a rally into the close, which could see follow through today....
Read More
Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW) engages in the provision of outsourced aircraft and aviation operating services. It operates through the following segments: ACMI, Charter, and Dry Leasing. Take a look at the 1-year chart of Atlas  below with my added notations… AAWW has formed an up-channel chart pattern over the past several months....
Read More
Market Recap For December 2nd, 2021 In somewhat of a surprise, markets barely dipped at all yesterday, a day after it seemed almost guaranteed that they would drop further. Thursday’s close was a cautiously bullish one, but it took place within the context of a week where stocks have bounced back and forth. Yesterday’s Sector...
Read More
Market Recap For December 1st, 2021 As stated in yesterday’s Spotlight, Tuesday’s selling did not appear to be over. Sure enough, it wasn’t. Markets ended up failing to hold an early day rally. Once again, the decline does not appear to be over. In addition, multiple levels of support were taken out yesterday. Yesterday’s Sector...
Read More
Market Recap For November 29th, 2021 The week began on a positive note, as the Dow, S&P and Nasdaq all finished Monday in the green. The Russell, however, failed to do so. Markets closed mostly higher, but not overly bullish. The Dow and Russell, in particular, actually look like they took a breather before heading...
Read More
Market Recap For November 26th, 2021 Friday’s drop was unexpected by most, if not all, traders, but it was also news induced, which usually cannot be seen coming. The decline did not appear to be over at Friday’s close, but this has been quite the resilient market for most of 2021. Yesterday’s Sector Performance Healthcare...
Read More
Anthem (ANTM) is one of the largest private health insurance organizations nationwide, providing medical benefits to roughly 44 million medical members. The company offers employer, individual, and government-sponsored coverage plans. It is also the largest single provider of Blue Cross Blue Shield branded coverage… Anthem (ANTM) is benefiting from a premium rate increase and higher...
Read More
Market Recap For November 23rd, 2021 Monday’s close was less than thrilling, to say the least, which implied lower prices might follow on Tuesday, and they did. After the decline that started the day, the major indices attempted to rebound. Their respective closes were not overly bullish, but they were constructive. Yesterday’s Sector Performance Energy...
Read More
Market Recap For November 22nd, 2021 Coming into the week we had expectations of a lower market. Even though it didn’t start that way, that is how it ended. The Dow fell 300 points from its high, while the Nasdaq fell around 350. Nothing about those declines look to be over. Yesterday’s Sector Performance Although...
Read More
1 2 3 7

Newsletter Sign-up

Get Exclusive Invitations To Weekly Training Session, World Class Market Analysis, and Exclusive Subscriber Online Events… All FREE!

Your contact information is completely safe with us. We use state of the are encryption and digital security. We will never spam you. We hate spam as much as you do.