Market Recap For January 11th, 2022 Right on cue, stocks followed through on Monday’s recovery to rally firmly into the green. All major indices finished higher. All signs seem to be pointing towards the rally extending into today, but beyond that is a tougher forecast. Yesterday’s Sector Performance Energy continues to outperform its peers. Utilities...Read More

Market Recap For January 10th, 2022 As expected, stocks initially dropped to start the week. However, mid-way through the day, markets turned around and recouped most of the losses. Monday’s reversal implies a continuation of the rally that started at the low. A break of that low would negate the forecast for a higher move....Read More

Market Recap For January 9th, 2022 Markets pressed slightly lower on Friday, but nothing major. All major indices finished slightly lower on the day. Although the selling of late has been somewhat light, the path of least resistance is clearly lower until something changes. Yesterday’s Sector Performance Energy continues to outperform the rest of the...Read More

Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It operates through the following segments: Northern Division, Southern Division, Carquest Canada, Independents and Worldpac. Advance Auto Parts offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools...Read More

Market Recap For January 6th, 2022 Turns out, the selling wasn’t over, as suspected yesterday, and what was left of the decline could not be trusted. At least for now. Yesterday’s pause could be in preparation for a move lower. It could also mean that the market’s decline is over, and another rally is ready...Read More

Market Recap For January 5th, 2022 Tuesday’s bearishness was somewhat of a preview of what was to come on Wednesday. All major indices closed firmly in the red. We’ve learned not to trust this market over the past 6-7 months, but nothing about yesterday’s close looked like the selling is over. Yesterday’s Sector Performance Energy,...Read More

Market Recap For January 4th, 2022 A bit of a crazy day yesterday, as markets jumped to start the morning, then got drilled for the next hour or so. Stocks recovered somewhat, but some of the claw back was lost by day’s end. Tough to say where today takes stocks. Yesterday’s Sector Performance Energy stocks...Read More

Market Recap For January 3rd, 2022 Markets opened higher to start the New Year, but very quickly found themselves struggling to stay in the green. However, just as quickly, they turned right back around and ended up with a nice rally, overall. This should signal a resumption of Santa’s rally. Yesterday’s Sector Performance Thanks to...Read More

Market Recap For December 31st, 2022 After Dow and S&P rallied to new highs, the major indices have taken a small breather, one that started at Thursday’s high. A further pullback would not be too surprising, but unless support areas break, new highs are still expected. Yesterday’s Sector Performance Consumer Staples finished firmly in the...Read More

SLM Corp. engages in the provision and administration of education loans. Its services include private education loans, banking, college savings, and insurance services.  Take a look at the 1-year chart of SLM Corp (NASDAQ: SLM) below with the added notations… Chart of SLM provided by TradingView SLM has been trading mostly sideway, overall, for the...Read More