Ready-Fire-Aim update
In testimony on Capitol Hill today the Fed Chair clearly changed his tune on inflation. He said that “he thinks reducing the pace of monthly bond buys can move…
Read MoreComments from Chairman Powell pulled the rug out from under stocks
Fears surrounding the new Omicron variant of Covid-19 had stocks trading lower in early trading, but it was the comments from Chairman Powell that sent the market reeling. The…
Read MoreSmall dip in consumer confidence
Consumers were less optimistic than forecast in November.
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages rebounded with yesterday’s 1.32% gain in the SPX.
Read MoreEarly Tuesday look
S&P equity futures are trading well below Monday's close, -0.72%, amid renewed Omicron pessimism.
Read MoreStocks rebound from Friday’s sell-off
Investors took Friday’s > 2% drop in the major indices as an opportunity to buy the dip.
Read MoreVideo – Read-Fire-Aim discussion
In this short video, we discuss the Friday panic and what it means for the year-end opportunity…
Read MoreReady-Fire-Aim
The Friday panic over the Omicron Variant caused traders to shoot first and ask questions later.
Read More