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...
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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
- Jun 27, 2022
- 1 min
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...
11 views0 comments
Ioannis Achilleus
- Jun 13, 2022
- 1 min
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...
15 views0 comments
Ioannis Achilleus
- May 23, 2022
- 1 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...
14 views0 comments
Ioannis Achilleus
- Apr 4, 2022
- 1 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...
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Ioannis Achilleus
- Mar 28, 2022
- 1 min
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 views0 comments
Ioannis Achilleus
- Feb 14, 2022
- 1 min
Weekly Memorandum 2/14/2022
Stocks ended last week near the lows, which is typically construed as bearish price action. Following another mid-week reversal, we saw...
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Ioannis Achilleus
- Feb 7, 2022
- 1 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,...
7 views0 comments
Ioannis Achilleus
- Jan 31, 2022
- 1 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,...
14 views0 comments
Ioannis Achilleus
- Jan 24, 2022
- 2 min
Weekly Memorandum 1/24/2022
Stocks were crushed last week as we saw months' worth of gains erased in just a few days. This is as bearish as it gets with respect to...
22 views0 comments
Ioannis Achilleus
- Jan 10, 2022
- 2 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...
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Ioannis Achilleus
- Jan 3, 2022
- 1 min
Weekly Memorandum 1/3/2022
Stocks rallied to new all-time highs last week, with the exception of the Nasdaq. If the Nasdaq falls to join the new all-time high...
27 views0 comments
Ioannis Achilleus
- Dec 20, 2021
- 1 min
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 views0 comments
Ioannis Achilleus
- Dec 13, 2021
- 1 min
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 views0 comments
Ioannis Achilleus
- Dec 6, 2021
- 1 min
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...
10 views0 comments
Ioannis Achilleus
- Nov 29, 2021
- 2 min
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...
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Ioannis Achilleus
- Nov 8, 2021
- 1 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...
19 views0 comments
Ioannis Achilleus
- Nov 1, 2021
- 1 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...
7 views0 comments
Ioannis Achilleus
- Oct 25, 2021
- 2 min
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 views0 comments
Ioannis Achilleus
- Oct 18, 2021
- 1 min
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 views0 comments
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