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Despite many of our cities literally on fire, the NASDAQ and S&P 500 managed to close at post-coronacrash highs to start June; albeit, on subdued volume. Under normal circumstances, we’d say it’s confirmation of the current uptrend, but who knows...

MARKET WATCH Stocks went into blaze mode to start the summer with prices rising like heatwaves off desert blacktop in the noon sun. But, Wall Street’s temps for stocks fell a bit as Tuesday’s trading came to a close. Maybe,...

Maybe Federal Reserve Chairman Jerome Powell should go on TV every Sunday. Stocks shot higher to start the week, making up last week’s lost ground. The BIG 3 indexes, the NADSAQ, S&P 500 and DOW have closed out their headroom...

Sometimes it is straightforward. That is where the market is after Monday’s trading session. As you know, we have emphasized the importance of trend confirmation. Writing, over and over, about higher lows followed by higher highs as the hallmark trait...

Wow, oil! Its price continues to collapse, going negative for May delivery in the commodities market. That’s bleeping unbelievable and a direct result of the planet living the lockdown lifestyle. A real-life example of economics 101, supply and demand. There...

Profit taking is to be expected when stocks zoom as fast as they have since hitting a possible corona bottom. The S&P and DOW started the week in red, but the NASDAQ found its way above water by the end...

We were this |—| close to a possible technical buy signal after Monday’s market session. The indexes were within a few points from closing above last Thursday’s intra-day highs, which would have been a higher high following a higher low....

There was something different about Monday. Call it gut instinct or wishful thinking, but something was different in the way traders handled the market to start the week. When bad news isn’t that bad for stock prices, something is up....