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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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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...

Ioannis Achilleus
Nov 2, 20202 min read
20 views
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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. ...

Ioannis Achilleus
Oct 26, 20201 min read
14 views
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Weekly Memorandum 10/19/2020
Stocks were modestly higher to start the week, although they already gave back most of their gains since the opening bell. Last week was...

Ioannis Achilleus
Oct 19, 20201 min read
18 views
0 comments


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,...

Ioannis Achilleus
Oct 12, 20202 min read
17 views
0 comments


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...

Ioannis Achilleus
Oct 5, 20201 min read
12 views
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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...

Ioannis Achilleus
Sep 28, 20202 min read
21 views
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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...

Ioannis Achilleus
Sep 21, 20202 min read
19 views
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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...

Ioannis Achilleus
Sep 14, 20201 min read
20 views
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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...

Ioannis Achilleus
Sep 7, 20201 min read
19 views
0 comments


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...

Ioannis Achilleus
Aug 31, 20201 min read
15 views
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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...

Ioannis Achilleus
Aug 24, 20201 min read
24 views
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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...

Ioannis Achilleus
Aug 17, 20202 min read
22 views
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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...

Ioannis Achilleus
Aug 10, 20202 min read
17 views
0 comments


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...

Ioannis Achilleus
Aug 3, 20202 min read
31 views
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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...

Ioannis Achilleus
Jul 27, 20202 min read
12 views
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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...

Ioannis Achilleus
Jul 20, 20202 min read
20 views
0 comments


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...

Ioannis Achilleus
Jul 13, 20201 min read
17 views
0 comments


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...

Ioannis Achilleus
Jul 6, 20202 min read
19 views
0 comments


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...

Ioannis Achilleus
Jun 29, 20201 min read
20 views
0 comments


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,...

Ioannis Achilleus
Jun 8, 20201 min read
35 views
0 comments
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