Weekly Memorandum 8/15/2022
Stocks were up again last week and closed out near the highs, which is textbook bullish price action. We are finally starting to see...
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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 8, 20221 min
Weekly Memorandum 8/8/2022
Stocks capped off a fairly constructive week, closing near the highs. We continue to observe leadership from key sectors like tech, which...
24 views0 comments
Ioannis Achilleus
Jul 25, 20221 min
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 views0 comments
Ioannis Achilleus
Jul 11, 20221 min
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 views0 comments
Ioannis Achilleus
May 23, 20221 min
Weekly Memorandum 5/23/2022
Stocks were down again last week, falling to new multi-month lows, which was in alignment with the bearish expectations we set forth in...
15 views0 comments
Ioannis Achilleus
Apr 4, 20221 min
Weekly Memorandum 4/4/2022
Stocks finished higher last week, with the exception of the Dow. After making a new post-correction high, stocks retreated but caught a...
13 views0 comments
Ioannis Achilleus
Mar 14, 20221 min
Weekly Memorandum 3/14/2022
Stocks closed at a new weekly low for this decline on Friday, which is bearish. This suggests that prices could yet fall further towards...
10 views0 comments
Ioannis Achilleus
Feb 7, 20221 min
Weekly Memorandum 2/7/2022
Stocks finished higher last week but formed what appears to be a lower-high with respect to the trend on Wednesday. If this high holds,...
8 views0 comments
Ioannis Achilleus
Jan 31, 20221 min
Weekly Memorandum 1/31/2022
Equities started off last week in a very bearish manner, as we saw prices drop to new multi-month lows. The Nasdaq led the pullback,...
15 views0 comments
Ioannis Achilleus
Jan 10, 20222 min
Weekly Memorandum 1/10/2022
Stocks made a new all-time high last week, with the exception of the Nasdaq, and then reversed to close near the week's lows. Not only...
15 views0 comments
Ioannis Achilleus
Nov 22, 20211 min
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 views0 comments
Ioannis Achilleus
Nov 8, 20211 min
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 views0 comments
Ioannis Achilleus
Nov 1, 20211 min
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 views0 comments
Ioannis Achilleus
Oct 4, 20211 min
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 views0 comments
Ioannis Achilleus
Sep 27, 20212 min
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 views0 comments
Ioannis Achilleus
Aug 23, 20211 min
Weekly Memorandum 8/23/2021
Stocks experienced some volatility in the middle of last week, but managed to stage a nice rally to close well off the lows by Friday. ...
23 views0 comments
Ioannis Achilleus
Jun 21, 20211 min
Weekly Memorandum 6/21/2021
Stocks are mixed to start the week, but we saw a notable shift in capital flows within equities over the past week or so. There appears...
20 views0 comments
Ioannis Achilleus
Jun 14, 20211 min
Weekly Memorandum 6/14/2021
Stocks are split to start the week, with the Nasdaq up, while the Dow and S&P are lower. This speaks to the potential reversion of...
21 views0 comments
Ioannis Achilleus
Jun 7, 20211 min
Weekly Memorandum 6/7/2021
Equity futures are flat to start the week, but we saw the S&P and Dow register their second-highest closes in history on Friday, which is...
12 views0 comments
Ioannis Achilleus
May 24, 20211 min
Weekly Memorandum 5/24/2021
Stocks are up nicely to start the week after trading lower for most of last week. However, similar to the previous week, a mid-week...
26 views0 comments
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