The last four trading days were a disappointment and the Santa rally hit a wall. Here are the numbers.
The last four trading days were a disappointment and the Santa rally hit a wall. Here are the numbers.
smart move is to step out, but I’m personally staying put. $5906 is the bail out number. Current level 5917.
Today actually was a back breaker right out of the gate, but she came marching back. Was it enough?
Another year is almost in the books and we have two trading days left before we enter 2025. I will post again Monday night no matter what to let you know if we are adjusting going into the new year. With this weeks charts, I want to show if we have strength or weakness going…
I just wanted to say Merry Christmas to you all and I hope you have a wonderful time being surrounded by family and friends. I went to X.com to use GROK and asked it to draw me a tree with stock symbols and this is what A.I. rendered.
This past week marked the second consecutive week of negative returns across all of our indexes. This week was another example when big money players did not get what they expected; there was a massive sell-off. There is a lot to cover this week, days before Christmas, so let’s just get right to it.Â
Santa Rally??? The Fed chairman spoke today and lowered rates by another .25%. The big-money players wanted .5%. Not only that, Mr. Powell also said that there may be one, possibly two, rate cuts next year, 2025 at most. The Fed is also upset that the employment market is stronger than they wanted because more…
The last two days have been a little soft and there has been more selling than I thought was coming our way. One by one my stocks have been firing sell signals and I have been selling. How is the S&P holding up? Let me show you a zoomed-in view of the 30-minute chart.
Thanks for putting the money to good use.
What will the rest of December bring us? Prices at the beginning of the month bounced higher and made all-time highs daily, and then since 12/6, things have rolled over. Other than news outlets, there are numerous individuals who conduct research that is easily accessible and readily available. Let me show you what one researcher…
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