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Equity traders watch for signs of breakout stocks.

Stocks were up to continue the bull market, but Bitcoin, Ethereum, and Litecoin were too.

Tesla, Netflix, Amazon, Google, Facebook, and Apple were all up during the trading day.

Equity traders watch for signs of breakout stocks.
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Ioannis Achilleus
Aug 1, 20221 min read
Weekly Memorandum 8/1/2022
The equity rebound continued, and we just barely closed above a key resistance level on Friday in the S&P. The Nasdaq continued to lead...
23 views
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Ioannis Achilleus
Jul 25, 20221 min read
Weekly Memorandum 7/25/2022
Stocks continued their rebound last week, but gave back some of those gains on Friday. Don't be surprised to see some backfilling this...
27 views
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Ioannis Achilleus
Jul 18, 20221 min read
Weekly Memorandum 7/18/2022
Equity markets were down last week, but on Friday, gapped up and closed near the highs. This was a very key bit of price action that not...
17 views
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Ioannis Achilleus
Jul 11, 20221 min read
Weekly Memorandum 7/11/2022
Stocks recovered nicely last week after the holiday weekend, and we saw notable leadership from the Nasdaq. Leadership was also observed...
12 views
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Ioannis Achilleus
Jun 27, 20221 min read
Weekly Memorandum 6/27/2022
Stocks rebounded nicely last week and cleared a key short-term resistance zone, which could mean the completion of a short-term low. It...
12 views
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Ioannis Achilleus
Jun 13, 20221 min read
Weekly Memorandum 6/13/2022
Stocks once again gapped down and closed near the lows of the day on Monday, continuing the bearish momentum acceleration that resurfaced...
17 views
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Ioannis Achilleus
Apr 25, 20221 min read
Weekly Memorandum 4/25/2022
Stocks closed out near the week's lows on Friday, which is hardly a bullish characteristic. Tech led the market lower again, an ominous...
14 views
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Ioannis Achilleus
Mar 28, 20221 min read
Weekly Memorandum 3/28/2022
Stocks ended last week on a strong note, and at their highest weekly level since mid-January. Nasdaq led on a percentage-basis too,...
12 views
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Ioannis Achilleus
Mar 21, 20221 min read
Weekly Memorandum 3/21/2022
Stocks finished last week in a very bullish manner and engulfed 4 weeks' worth of price action. This comes just as fear surrounding the...
14 views
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Ioannis Achilleus
Dec 20, 20211 min read
Weekly Memorandum 12/20/2021
Stocks ended last week on a defensive note, and the weakness has carried over into the new week thus far, as we see equity indices across...
11 views
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Ioannis Achilleus
Dec 13, 20211 min read
Weekly Memorandum 12/13/2021
The S&P closed at a record high on Friday, but not at a new intraday high. Unless the Dow and Nasdaq can follow suit, it could turn into...
9 views
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Ioannis Achilleus
Dec 6, 20211 min read
Weekly Memorandum 12/6/2021
Despite a decent late-day rally on Friday, stocks finished last week on a defensive note. There has been a growing consensus surrounding...
11 views
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Ioannis Achilleus
Nov 29, 20212 min read
Weekly Memorandum 11/29/2021
Stocks ended last week in a very defensive manner as prices gapped down and closed near the lows of the day on Friday. This occurred on...
10 views
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Ioannis Achilleus
Nov 22, 20211 min read
Weekly Memorandum 11/22/2021
Stocks were split last week as the Nasdaq rallied to a new all-time high, while the Dow dropped to a multi-week low. This speaks to the...
6 views
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Ioannis Achilleus
Nov 8, 20211 min read
Weekly Memorandum 11/8/2021
Equities across the board scored new all-time highs last week, as they closed at their highest weekly and daily levels in history. This...
25 views
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Ioannis Achilleus
Nov 1, 20211 min read
Weekly Memorandum 11/1/2021
All major equity indices closed at their highest daily, weekly, and monthly levels in history. It really doesn't get more bullish than...
8 views
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Ioannis Achilleus
Oct 25, 20212 min read
Weekly Memorandum 10/25/2021
With the exception of the Nasdaq, stocks closed at their highest weekly level in history this past week. This is noteworthy because the...
14 views
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Ioannis Achilleus
Oct 18, 20211 min read
Weekly Memorandum 10/18/2021
Stocks saw additional upside follow through last week, which was imperative to maintain the integrity of the bull trend. Following this...
11 views
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Ioannis Achilleus
Oct 4, 20211 min read
Weekly Memorandum 10/4/2021
Stocks dropped to new lows last week, but once again, managed to stage a strong rally on Friday to avert a potentially disastrous bearish...
19 views
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Ioannis Achilleus
Sep 27, 20212 min read
Weekly Memorandum 9/27/2021
After a volatile start last week, the Fed came out to save the day, and stocks formed a higher-low. A strong rally followed and equities...
11 views
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