Market Recap For September 22nd, 2021 Stocks rallied right out of the gate yesterday, and this time gains were held, or at least most of them were. Some were lost towards day’s end. Although traders should lean more bullish going into today, yesterday’s close wasn’t really awe inspiring. Yesterday’s Sector Performance Energy was the clear...Read More

Market Recap For September 21st, 2021 Sure enough, markets followed through on Monday’s late day rally with a higher start of the day on Tuesday. However, gains failed to hold. Unless today brings a meaningful rally, traders should expect a bearish tone moving forward. A break of yesterday’s lows should mean a retest of Monday’s...Read More

Market Recap For September 20th, 2021 As stated in yesterday’s Spotlight., the market forecast was leaning more heavily in the bearish direction. Turns out, that was correct. Markets dropped hard right out of the gate but did manage a decent end-of-day rally, one that could see some follow through today. Yesterday’s Sector Performance As is...Read More

Market Recap For September 17th, 2021 In what ended up being a 5-day back and forth, back and forth, Friday brought the final flip when markets fell instead of rallying. There is a case to be made for higher prices, but a larger case to be made for lower ones. Monday should answer the question,...Read More

Market Recap For September 16th, 2021 Markets starting yesterday off a little lower was not much of a surprise, but the extent of it was more than one might have expected. Regardless, stocks rallied, eventually making their way into the green at one point, before finishing somewhat mixed. Prices still look set to move higher....Read More

Market Recap For September 15th, 2021 The S&P came with points of its 50MA, and the Nasdaq tested 15K, and stocks rallied off the lows from there. If the trend from over the past year holds up, the market should rally to new highs from current levels. However, no trend lasts forever. Yesterday’s Sector Performance...Read More

Market Recap For September 14th, 2021 The market’s feeble attempt at a rally to start the week was quickly squashed yesterday as all major indices hit new pullback lows. Like Friday, the decline doesn’t appear to be over. That being said, the 50-day MA has been a strong support area for the S&P all year....Read More

Market Recap For September 13th, 2021 The week started off higher, but the rally was sold into, as expected. However, the Dow held firmly in the green, and the S&P also manage to end above water. Yesterday’s close was inconclusive, at best. A case could be made for a move either way, so it may...Read More