Weekly Memorandum 8/16/2021
Stocks rallied to new all-time highs last week, with the exception of the Nasdaq. Even so, it continues to consolidate near its highs,...
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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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Aug 2, 20211 min
Weekly Memorandum 8/2/2021
Stocks are mixed to start the week, with the Nasdaq being the only major index in positive territory. Stocks tagged new all-time highs...
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Jul 26, 20211 min
Weekly Memorandum 7/26/2021
Stocks are up at new all-time highs to start the week, after displaying resiliency last week by forming yet another higher-low. Last...
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Jul 19, 20211 min
Weekly Memorandum 7/19/2021
After printing bearish candlesticks last week, stocks are poised to start off this week on a defensive note. The signs have been...
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Jul 12, 20211 min
Weekly Memorandum 7/12/2021
All three equity indices closed at their highest weekly levels in history this past week, which is nothing short of bullish. Once again,...
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Jun 28, 20212 min
Weekly Memorandum 6/28/2021
After flashing bearish signals the previous week, stocks did exactly what they needed to do by gapping up and closing near last week's...
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May 10, 20211 min
Weekly Memorandum 5/10/2021
Equities are flat to start the week, but we saw new all-time highs posted in the S&P and Nasdaq once again last week, as the Nasdaq...
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Apr 5, 20211 min
Weekly Memorandum 4/5/2021
Stocks are poised to start the week higher coming off a shortened trading week due to the Easter/Passover holiday weekend. We saw the...
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Mar 1, 20211 min
Weekly Memorandum 3/1/2021
Stocks are up slightly off their lows to start the new week. They closed out at the lows last week, which normally isn't bullish...
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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...
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Feb 8, 20211 min
Weekly Memorandum 2/8/2021
Stocks are set to start the week on a higher note, after putting in a nice bottom last week during Sunday's futures session. By closing...
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Feb 1, 20211 min
Weekly Memorandum 2/1/2021
Stocks are set to start the week slightly higher, but risks remain high in the short-term, as prices closed out near their weekly lows...
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Jan 25, 20212 min
Weekly Memorandum 1/25/2021
Stocks are flat overall to start the week, with the exception of the Nasdaq, which is trading at new all-time highs again. Last week saw...
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Jan 18, 20212 min
Weekly Memorandum 1/18/2021
Markets in the U.S. are closed today in observance of the Martin Luther King Jr. holiday. Futures are basically flat in pre-market...
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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...
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Jan 4, 20212 min
Weekly Memorandum 1/4/2021
Stocks are poised to start off the year on a positive note, as we come around the corner from what's known as the "Santa Claus rally." ...
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Dec 28, 20201 min
Weekly Memorandum 12/28/2020
Stocks are up nicely across the board this morning after the Christmas holiday, but we note that the Dow hasn't made a new high in a...
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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...
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Dec 14, 20201 min
Weekly Memorandum 12/14/2020
Stocks are up slightly to start the week, as the Electoral College is set to cast their vote today. The question now is how an actual...
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Dec 7, 20202 min
Weekly Memorandum 12/7/2020
Equities closed out at their highest daily and weekly levels in history last week, which is not something usually witnessed in a bearish...
19 views0 comments
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