Weekly Memorandum 11/23/2020
Equity futures are up nicely to start off the holiday week, as most markets will be closed on Thursday for Thanksgiving in the U.S. This...
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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
Nov 16, 20201 min read
Weekly Memorandum 11/16/2020
Stocks are rallying nicely to start off the week, as news of additional covid vaccines come to market. This positive market activity is...
22 views0 comments
Ioannis Achilleus
Nov 9, 20201 min read
Weekly Memorandum 11/9/2020
Equities exhibited a surge higher to start the week. This price action is in alignment with the expectations set forth in the most...
27 views0 comments
Ioannis Achilleus
Nov 2, 20202 min read
Weekly Memorandum 11/2/2020
Stocks retreated again last week, but are up fairly nicely to start the presidential election week. As potential election outcomes...
20 views0 comments
Ioannis Achilleus
Oct 26, 20201 min read
Weekly Memorandum 10/26/2020
Equities are lower to start the week, and actually experienced a gap down as we enter the final week before the presidential election. ...
14 views0 comments
Ioannis Achilleus
Oct 12, 20202 min read
Weekly Memorandum 10/12/2020
Stocks just closed out at their second-highest weekly level in history, at least in the Nasdaq and S&P. The Dow lags slightly behind,...
17 views0 comments
Ioannis Achilleus
Oct 5, 20201 min read
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 28, 20202 min read
Weekly Memorandum 9/28/2020
Equities are up nicely after forming what may have been an important pre-election bottom last week. We are still looking for...
21 views0 comments
Ioannis Achilleus
Sep 21, 20202 min read
Weekly Memorandum 9/21/2020
Equities are continue to behave in a risk-off manner, as all three major indices are down notably this morning to start off the week. We...
19 views0 comments
Ioannis Achilleus
Sep 14, 20201 min read
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
Aug 31, 20201 min read
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 read
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 read
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 read
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
Aug 3, 20202 min read
Weekly Memorandum 8/3/2020
The Nasdaq and gold both touched all-time highs today, which definitely isn't bearish. Uptrends are characterized by higher-highs and...
31 views0 comments
Ioannis Achilleus
Jul 27, 20202 min read
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 read
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 read
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 read
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 read
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
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