Weekly Market Update for December 1, 2023, from DeWayne Hall: Is the current melt up here to stay?
Weekly Market Update for December 1, 2023, from DeWayne Hall: Is the current melt up here to stay? Santa may be coming early to Wall Street. We’re right smack in the middle of a melt up in stocks, and seasonality leading into the New Year says it may stick around for a while. We’re taking […]
Weekly Market Update for November 17, 2023, from DeWayne Hall: Active Investors Watch for Opportunities During Pullback in Stocks
Weekly Market Update for November 17, 2023, from DeWayne Hall: Active Investors Watch for Opportunities During Pullback in Stocks The bulls have taken complete and total control of the U.S. stock market. From a very ugly-looking but deeply oversold market less than three weeks ago to one laser-focused on possible all-time highs before Santa comes […]
Weekly Market Update for November 10, 2023, from DeWayne Hall: What Big Investment Banks Keep Getting Wrong
Weekly Market Update for November 10, 2023, from DeWayne Hall: What Big Investment Banks Keep Getting Wrong We like to read what the big investment banks and financial services companies have to say, and three are at the top of our list. Morgan Stanley, Bank of America, and Cantor Fitzgerald’s weekly and bi-weekly reports are […]
Weekly Market Update for November 3, 2023, from DeWayne Hall: Using the RSI to Analyze Market Momentum
Weekly Market Update for November 3, 2023, from DeWayne Hall: Using the RSI to Analyze Market Momentum And we’re back to bullish. What a strange market this is. One of the most reliable technical indicators we utilize to tell us the strength of the market is giving outlier signals right now. The Relative Strength Index […]
Weekly Market Update for October 27, 2023, from DeWayne Hall: Bull vs. bear market, where are stocks headed?
Weekly Market Update for October 27, 2023, from DeWayne Hall: Bull vs. bear market, where are stocks headed? The wait is finally over in the bull vs. bear market, and it looks like we have a winner. After being rangebound for the past five months, we finally have our answer on the overall direction of […]
Weekly Market Update for October 20, 2023, from DeWayne Hall: Continuing to wait on the S&P today
Weekly Market Update for October 20, 2023, from DeWayne Hall: Continuing to wait on the S&P today As Judge Smalls (Ted Knight) said in Caddyshack, “Well, we’re waiting…” That’s how we feel about the S&P today. We’re closing another trading week with no resolution to this grinding sideways chop. S&P Today: Where will it be […]
Weekly Market Update for October 13, 2023, from DeWayne Hall: World news taking precedence over U.S. Stock Market movement
Weekly Market Update for October 13, 2023, from DeWayne Hall: World news taking precedence over U.S. Stock Market movement Writing a quick note about the stock market once a week can get somewhat redundant at times, as the market moves at a much slower pace than the world news cycle. World news continues to take […]
Weekly Market Update for October 6, 2023, from DeWayne Hall: Why is the rally in stock market trading happening?
Weekly Market Update for October 6, 2023, from DeWayne Hall: Why is the rally in stock market trading happening? The U.S. stock market is teetering, but just won’t fall off that cliff. As the media prepares to write the eulogy for the bulls, and no doubt the bulls do appear to be on life support, […]
Weekly Market Update for September 28, 2023, from DeWayne Hall: Breakout in Stocks Favors the Bears
Weekly Market Update for September 28, 2023, from DeWayne Hall: Breakout in Stocks Favors the Bears On cue, the U.S. market saw a breakout in stocks this week, placing the bears in control for now. Late Tuesday, the SPX 4,300 area was reached, which has allowed the bears to plant their flag that we may […]
Weekly Market Update for September 22, 2023, from DeWayne Hall: Will the bulls break out at the end of the third business quarter?
Weekly Market Update for September 22, 2023, from DeWayne Hall: Will the bulls break out at the end of the third business quarter? For the better part of the third business quarter, the U.S. stock market has been stuck in a range, and we’ve been waiting for a dominant trend to emerge. Well, sports fans, […]