Market Recap For October 18th, 2021 Right on cue, markets pulled back, as we suspected they might, but then rallied overall higher, which is in line with our forecast. With the S&P and Nasdaq holding over key levels, it would seem that further highs are on deck before a meaningful consolidation occurs. Yesterday’s Sector Performance...Read More

Market Recap For October 15th, 2021 Sure enough, markets moved higher on Friday. In addition, the Dow has broken to the upside of its consolidation pattern. Although there could easily be a pullback after the past two days runup, it seems new highs are coming at some point. Yesterday’s Sector Performance Consumer Discretionary stocks led...Read More

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Market Recap For October 14th, 2021 The Nasdaq seemed to have tipped its hand a bit yesterday, leading us to believe that it planned to move higher, and it certainly did. After Thursday’s rally, all indices are in sync and higher prices appear to be coming, and odds are new highs will soon follow. Yesterday’s...Read More

Market Recap For October 13th, 2021 Once again, markets jostled back and forth without too much headway being made in either direction. Stocks mostly seemed to find green. Although it’s too early to get a great gauge on direction, the Nasdaq in particular seems to be ready to move a little higher. Yesterday’s Sector Performance...Read More

Market Recap For October 12th, 2021 Yesterday was relatively subdued, which isn’t helpful when trying to forecast the next move. Ultimately, the major indices finished slightly in the red. Not much can be made of Tuesday’s trading, but unless a meaningful move to the upside occurs, traders may want to either stay out or lean...Read More

Market Recap For October 11th, 2021 Markets dipped to start the week, but very quickly they pushed into the green and appeared to be ready to resume their ascent. But, just like last Thursday, stocks started to fade mid-day, and all the major indices finished in the red, and below key levels. Nothing about yesterday...Read More

Market Recap For October 8th, 2021 Markets waffled back and forth yesterday while ultimately going nowhere in particular. The day certainly didn’t have a bullish feel to it. After Thursday’s initial jump, the lack of follow through is puzzling. It brings the bullishness into question going into a week that is seasonally bullish. Yesterday’s Sector...Read More

Market Recap For October 7th, 2021 Thursday brought the higher stock prices we had been anticipating, with all major indices pushing firmly into the green. Oddly, nearly half of those gains were lost by day’s end. Markets may decline to start today off, but where they go after that is the most important thing to...Read More

Market Recap For October 6th, 2021 Sure enough, markets dropped to start off the Wednesday. However, we’ve stated that the market still holds a positive bias, and that played out by day’s end. Yesterday’s close was a bullish one, and one that was in line with expectations. We would expect higher prices into week’s end,...Read More