Late day bottoming process reminder
The market has seen a significant oversold bounce from the Tuesday afternoon low, and we expect further volatility ahead of the mid-term election and employment number. This is going to…
Read More% Bulls drop to the lowest level in 5-months
The recent excessive bullishness in sentiment continues to bleed out of the market. After hitting 61.8% in early October, the latest report from Investors Intelligence showed bullish newsletter writer sentiment…
Read MoreSummary of notes during corrective period
In case you are new to DwyerStrategy, and want to see what we have been discussing while the market was seeing a significant pick up in volatility over the past…
Read More227k jobs added in October, according to ADP
The ADP employment report for the month of October was once again better than expected. ADP reported that companies added 227k workers in October, above the 218k added in September…
Read MoreThe Day Ahead, Wednesday October 31st
Following a day that saw U.S. equities rise sharply, Wednesday features a quieter day of economic data ahead of a busy end of the week. It also features a quieter…
Read MoreTuesday afternoon brain cramp
Literally, everyone that typically calls me to ask about the market has done so now. It is universal, I cannot think of anyone that normally reaches out to me when…
Read MoreOctober market decline not hurting Consumer Confidence
Despite the fact that the S&P 500 Index (SPX) is on track for the worst monthly performance since February 2009, the U.S. consumer remains very confident.
Read MoreBottoming process playbook musing
Yesterday, we highlighted in oversold playbook in bottoming process we noted that a few key tactical indicators are oversold, but can get more oversold. That certainly took place yesterday. We…
Read MoreThe Day Ahead, Tuesday October 30th
Tuesday features a busy day of earnings releases as well as the release of the Consumer Confidence Index, which is not expected to be heavily impacted despite the stock market…
Read MoreLooking at some similarities and differences to prior episodes
Highlights • This month’s stock price drop is similar to others in this bull market • This stock price drop is not similar to the start of the 2007-2009 financial…
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