Happy St. Patrick’s Day! There is a divergence between the S&P 500 and the US Treasury bond market! What does that mean? Click below to find out!
Tag: Tesla
PPT…..Ready Up
A new correction began this week – click below to see how far we go in the chart.
Signals
Stocks finished on a good note this week as a key technical level was recaptured in the S&P 500 (2,600). See below: We are not out of the woods yet but the technicals over the last few weeks are undeniably favorable to calling the Christmas low a bottom. It may not feel like a bottom […]
A Breakout On the Horizon?
Another options expiration Friday that pulled prices higher into the weekly close. Lots going on for summer trading with Turkey’s currency crashing and U.S. stocks trying to breakout to new all-time highs. Technology has been the laggard so that throws some caution into the wind as its benchmark index (NASDAQ) trended down to close the […]
Holding the Line
This past week has been very choppy, unpredictable and taxing to those who watch the tape. The good news is that we tested the 200 day for most of the week and it held with a good close on Thursday to end the first quarter of 2018. Wether we crash from here or re-gain our […]