Market Recap For October 5th, 2021 Once again, the market moved counter to the day before, and to what was expected, while also failing to firmly hold that move into the close. If that trend holds into today, traders could see another big down day. On the other hand, all the positives discussed on Monday...Read More

Market Recap For October 4th, 2021 Friday had every sign one could ask for to expect higher prices this week. So, the fact that Friday’s runup was completely wiped out yesterday is definitely not bullish. It’s always possible that the market is “pounding out a low”, but they’ve been dropping, overall, for almost a month,...Read More

Market Recap For October 1st, 2021 For the 3rd straight day, markets opened in the green, and eventually fell into the red. However, this time the market was able to rally firmly into the green. Friday’s close formed several bullish signals, including positive momentum divergence and positive non-confirmation between the Dow and S&P. Yesterday’s Sector...Read More

Market Recap For September 30th, 2021 Thursday’s outlook was a bearish one, and although stocks tried to rally a couple of times, once again the bears took over. It’s the same forecast as it has been for the previous two days: lower. However, will markets rally out of the gate again first? Yesterday’s Sector Performance...Read More

Market Recap For September 29th, 2021 Markets tried to rally out of the gate yesterday, but sure enough the bearish forces took over and stocks finished on their lows. Once again, the day ended on a bearish note. Expectations are still for lower prices until a bullish reversal appears. Yesterday’s Sector Performance Utilities wrestled the...Read More

Market Recap For September 28th, 2021 Monday kicked off the week with a few bearish signals, as mentioned yesterday, and sure enough, a bearish day came. Major indices closed on their respective lows, and that typically implies lower prices to come, which is what traders should be prepared for. Yesterday’s Sector Performance Energy finished in...Read More

Market Recap For September 27th, 2021 Markets dipped at yesterday’s open, but the Dow and S&P eventually chopped their way into the green. The Nasdaq, however, couldn’t muster it up. Not only did the Dow form what looks like a bearish reversal, the S&P also failed to confirm the Dow’s recovery high. Could spell trouble...Read More

Market Recap For September 24th, 2021 As anticipated, major indices inched slightly higher on Friday, after spending most of the day in the red. Last week ended on a day of indecisiveness. The rally that started on Monday is still intact, but whether it will continue is another story. Yesterday’s Sector Performance Energy’s winning streak...Read More

PROG Holdings Inc. (PRG) is a provider of lease-purchase solutions through more than 30,000 retail partner locations in 46 states and the District of Columbia, including e-commerce merchants. The firm operates in two segments Progressive Leasing and Vive Financial… PROG Holdings Inc. (PRG) had a fairly strong second quarter where gross merchandise value for their...Read More

Market Recap For September 23rd, 2021 Wednesday’s market left a slightly bullish tone heading into yesterday, and stocks rallied throughout most of the day. Again, major indices closed on the bullish side. Markets may move higher today, but bullish traders should remain cautious. Yesterday’s Sector Performance Once again, Energy was the winner in yesterday’s trading....Read More