Time To Fire Up Some Weed Stocks
Oh, we are getting impatient. Wall Street is stuck in neutral and doesn’t appear to be in a hurry to make up its mind, bearish or bullish. The NASDAQ seems to have a hard lid on the top at 14,200...
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Relax And Count To 3
Time to get excited right? Inflation fears are overblown because China is going to crackdown on commodities was the theme to start the week. Wall Street responded with a big up Monday. We hate to be Donnie downers but… last...
More Danger Than Reward Right Now
Last week we were concerned the markets could be headed lower thanks to inflation concerns. Stocks did drop aggressively before rebounding a little on Friday. Wall Street lost ground to start the week but recovered from the day’s lows before...
Wall Street Jitters Or The Start Of A Correction?
Um, that’s not good. We aren’t talking about some bad tasting, new fad food. No, we are talking about the NASDAQ’s Monday move. The tech dominant index slid 350 points, chopping off 2.55% in the opening session of the week....
Yellow Flags Are Piling Up
The markets sent out mixed signals on Monday as the NASDAQ slid while the DOW and S&P 500 managed to put modest gains on the board. However, as regular readers know, we focus on the NASDAQ’s action as the key...
It’s Almost GO Time
It could be “GO” time for the markets as the NASDAQ is real close to setting a new 52-week and all-time high. As the saying goes, new highs are usually followed by newer, higher highs. As you can see on...
Get Ready To Buy The Dip
Like proverbial butterfly wind, earnings season is gaining strength. To date, approximately 45 companies in the S&P 500 have released their quarterly results with the number of scheduled announcements building in the days and weeks ahead. So far, it’s be...
Our Market Arrows Point … Up
As expected, last week’s action was positive for stocks with the NASDAQ ending the week on a high note and outperforming the S&P 500. That’s a good thing. It’s also not surprising for prices to take a pause after the...
Triple Bull Action
Last week we talked about breaking out of triangle trading patterns. This week started with the NASDAQ popping past the top side of resistance in Jack in the Box fashion – boing! Stock prices gapped up to start the trading...
