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...
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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
Sep 21, 20202 min
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...
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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...
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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...
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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
Aug 3, 20202 min
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
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 20, 20202 min
Weekly Memorandum 7/20/2020
The big-mover on Monday was Silver, which is now close to exceeding its 2016 high. This is one of the biggest breakouts on the cusp of...
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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...
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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
Ioannis Achilleus
May 26, 20201 min
Weekly Memorandum 5/26/2020
Equities are set to gap up following the Memorial Day holiday and shortened trading week. The Nasdaq is just over 200 points away from...
29 views0 comments
Ioannis Achilleus
May 18, 20201 min
Weekly Memorandum 5/18/2020
Equities are up nicely again in the pre-market to start off the week. After finishing down slightly last week, we continue to note the...
19 views0 comments
Ioannis Achilleus
May 11, 20202 min
Weekly Memorandum 5/11/2020
Stocks are coming off another week of gains, but are down early this morning in pre-market trading. The previous week made it seem like...
24 views0 comments
Ioannis Achilleus
May 4, 20202 min
Weekly Memorandum 5/4/2020
The pre-market is rather quiet this Monday morning. Even so, equities pulled back from their highs last week, and finished on Friday...
20 views0 comments
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