Weekly Memorandum 4/19/2021
Stocks started the week off on a flat note after posting fresh all-time highs in the case of the Dow and S&P. The Nasdaq is very close...
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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
Apr 12, 20211 min
Weekly Memorandum 4/12/2021
Stocks closed out at all-time highs once again this past week, which solidifies the existing uptrend. The Nasdaq still hasn't joined the...
21 views0 comments
Ioannis Achilleus
Mar 22, 20211 min
Weekly Memorandum 3/22/2021
Stocks are up slightly to start the week, after closing marginally lower last week. We still need to see the Nasdaq play catch up to the...
15 views0 comments
Ioannis Achilleus
Mar 8, 20212 min
Weekly Memorandum 3/8/2021
Futures are mixed to start the week with the Dow up, S&P flat, and Nasdaq down. This has been the tale of the tape as of late, and it...
28 views0 comments
Ioannis Achilleus
Feb 22, 20212 min
Weekly Memorandum 2/22/2021
Stocks are down across the board to start the week, but have failed to break any meaningful level of support yet. This could change by...
46 views0 comments
Ioannis Achilleus
Jan 11, 20212 min
Weekly Memorandum 1/11/2021
Stocks are down a bit to start the week as their extended rally appears poised to pause. Previous issues stated that we are due for a...
42 views0 comments
Ioannis Achilleus
Dec 21, 20202 min
Weekly Memorandum 12/21/2020
Stocks are down notably this morning, as we enter the shortened trading week due to the holiday season. Markets will close early on...
37 views0 comments
Ioannis Achilleus
Oct 5, 20201 min
Weekly Memorandum 10/5/2020
Stocks gapped up higher to start the week, which is usually a very bullish sign, so long as they finish the day higher. This comes after...
12 views0 comments
Ioannis Achilleus
Sep 14, 20201 min
Weekly Memorandum 9/14/2020
Equity futures are slightly higher this morning after booking two consecutive weeks of losses. We've outlined numerous times how the...
20 views0 comments
Ioannis Achilleus
Sep 7, 20201 min
Weekly Memorandum 9/7/2020
Markets are closed Monday in observance of Labor Day. The big story from last week is that we finally saw volatility spike and a...
19 views0 comments
Ioannis Achilleus
Aug 31, 20201 min
Weekly Memorandum 8/31/2020
The S&P 500 and Nasdaq tagged all-time highs again today, but the Dow continues to lag behind. We noted in previous weekly memorandums...
15 views0 comments
Ioannis Achilleus
Aug 24, 20201 min
Weekly Memorandum 8/24/2020
The Nasdaq and S&P tagged new all-time highs today, while the Dow continues to lag behind. However, new highs look promising in the Dow...
24 views0 comments
Ioannis Achilleus
Aug 17, 20202 min
Weekly Memorandum 8/17/2020
Equities continue to consolidate near their highs, which is bullish. The divergence between the major indices remains a concern in the...
22 views0 comments
Ioannis Achilleus
Aug 10, 20202 min
Weekly Memorandum 8/10/2020
The divergence between the major equity indices continues to be a concern. Another week has passed, and the Nasdaq continues to trade at...
17 views0 comments
Ioannis Achilleus
Jul 27, 20202 min
Weekly Memorandum 7/27/2020
Equities are up nicely to start the week, with the Nasdaq leading the way. Usually, when the Nasdaq leads, it's a "risk-on" signal. But...
12 views0 comments
Ioannis Achilleus
Jul 13, 20201 min
Weekly Memorandum 7/13/2020
Equities are up again to start this week. This adamantly-hated rally all but proves the concept that sentiment follows price, not the...
17 views0 comments
Ioannis Achilleus
Jul 6, 20202 min
Weekly Memorandum 7/6/2020
In good old patriotic fashion, equities are up very nicely to start the week after the Independence Day holiday. The Nasdaq is trading...
19 views0 comments
Ioannis Achilleus
Jun 29, 20201 min
Weekly Memorandum 6/29/2020
Equities are basically flat to start off this week in the pre-market. This past weekend, a new Mercator Letter was published, in which...
20 views0 comments
Ioannis Achilleus
Jun 8, 20201 min
Weekly Memorandum 6/8/2020
Equities are up nicely again in pre-market, with the Dow leading the way. All indices finished off last week with spectacular gains,...
35 views0 comments
Ioannis Achilleus
Jun 1, 20201 min
Weekly Memorandum 6/1/2020
Equities are mixed this morning with the S&P and Dow up, but the Nasdaq is slightly down. Many may be perplexed as to why the markets...
28 views0 comments
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