The Bulls made a run on Friday. Click below to find out why….
Tag: $QQQ
Coal Stockings
Kisco Capital provides some guidance on where the S&P 500 goes next.
High and Nigh
Sentiment in the stock market is swinging to the dark side as trade tensions are blamed for fowling up a “global synchronized recovery”. But is that type of stock market natural? Should all markets across the globe go up at the same time for years on end? Doesn’t that mean there is no diversity when […]
Ciao Baby!
A good close on Friday for the stock market after a tester on Tuesday that was caused by a dramatic rise in Italian interest rates. The rise was caused by a change in the leadership of the Italian government where the new leadership is skeptical of continued participation in the Euro zone experiment that has […]
Grinding Away
Back to the grind after a long holiday weekend. The stock market and interest rates behaved last week so perhaps we are seeing some consolidation before the next move in either direction. The small-cap growth stocks have been in the pole position and leading the market higher these past few weeks, see below. The Fed […]
Bottom or Bust!
The stock market continues to try and resolve the technical wreckage from the sell-off that occurred in February after a top in late January. In many cases, you will see stocks test a bottom twice before finding a base and continuing to move higher – a double bottom. Will we find a bottom or is a […]
The Crypto Issue
Another good rally for stocks to finish out the last options expiration Friday for 2017. There is a gaining bid for risk assets as the crypto currencies begin to dominate the news cycle. There is also the mindset that these currencies are in a bubble and will soon crash but this pessimism reminds me of […]
The Froth of Bitcoin and Cryptocurrencies
Bitcoin mania continued this week as the cryptocurrency continues to go parabolic in a move that is sure to surprise many. Futures contracts on Bitcoin will start trading next week which should be interesting as it may increase volatility as Wall Street traders get involved. There has been talk on shorting bitcoin to contain the […]
A Crossroad For 2018
Most of the uncertainty about 2017 has been about what major legislative changes will take place and it looks as though we will get a change to tax policy as the Senate passed its tax bill late Friday night. Love it or hate it we will likely see it passed this coming week. For the […]