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Friday, June 7, 2024

The S&P 500 is no doubt on a tear this year.  In fact, the only noticeable pull-back (nearly 6%) resulted after a major Negative Divergence had occurred. Since the prior divergence, the market has recovered well to make all new highs. 

Thursday, May 2, 2024

Key Takeaway The S&P 500 is consolidating it's recent gains. It peaked in late March and has since pulled back a bit. The RSI has dropped below 50, but is bouncing around that level; and the MACD is negatvie Schedule a meeting to see...

Friday, April 19, 2024

Key Takeaway The market has defied most analysts this year (which is not uncommon); however, has it hit a short-term peak? As of now, the market peaked at the beginning of April and seems to be in a minor, and possibly healthy, pull...

Friday, November 10, 2023

There have been some very positive technical advances as of late; however, until there is a solid breakout of price above the downtrend line, the S&P 500 is still considered to be in a...

Friday, October 13, 2023

The S&P 500 had an apparent short term, fake breakdown, which has recovered back into our up-channel trend. Next week will tell if it can continue to hold the trend or not...

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Thursday, September 28, 2023

The S&P 500 has recently pulled back from its highs but remains within an acceptable range of volatility, indicating a mid-range technical uptrend characterized by higher highs and higher lows.

Friday, September 15, 2023

Key Takeaway Today - Friday, September 15th falls on a day known as "triple witching". The term, admittedly a little scary in nature, is known for describing an event which happens four times per calendar year where huge amounts of...

Thursday, August 24, 2023

The S&P 500 has pulled back from it's overbought highs, and is trying to find a floor to its recent pullback. So far it may be close, but no cigar - quite yet...

Friday, August 11, 2023

As we come to the tail end of earnings season and enter a historically difficult seasonality period (Aug/Sept - especially Sept), the market is following suit. Below are the areas we are watching with great interest...

Thursday, June 22, 2023

There is no doubt that buyers have come back into the market. Confidence levels have recovered for investors; however, has the market traveled too far, too fast? 

Friday, May 12, 2023

Technical Analysis if full of varying scenarios that can be viewed in very different ways.  Below are three separate ways to look at the same chart of the S&P 500 - each telling a slightly different story. 

Thursday, March 30, 2023

If you turn on the news or read the paper, there's no way this market could go higher, right?!....not so fast - let's take a peek under the hood... 

Thursday, March 16, 2023

Whether you're a Johnny Cash fan or not, the market has been Walking the Line for the first 3 months of this year....and it actually does feel a lot like Prison!  We've updated our chart to include some new and potential trend lines.

Thursday, March 2, 2023

We've been discussing for some time that you can't have such a long and strong downtrend line in the S&P 500 (which lasted the entire year of 2022), and not expect it to be tested as support after the eventual breakout.

Thursday, February 16, 2023

Key TakeawayThe market is wishing that inflation will subside and that the Fed will begin to lower rates later this year. However, as the old adage goes, be careful what you wish for! During the two major bear markets of recent...

Thursday, February 2, 2023

The fear on Wall Street has very quickly turned into FOMO (fear of missing out) this week. The market has finally broken its year-long down trend. There was a quick 1-day retest of support, and then shot to the moon. The...

Thursday, January 5, 2023

When borrowing costs are rising, investors are wary of buying risk assets. This leads to less borrowing by households and businesses which means less money being spent. In turn...