by adammesh | Oct 27, 2021 | News
Market Recap For October 27th, 2021 Yesterday’s forecast referenced the market’s price action that was consistent with an impending decline, and sure enough, it was. Wednesday’s decline does not appear to be over, but overall, the market should be setting its sights...
by adammesh | Oct 26, 2021 | News
Market Recap For October 26th, 2021 Markets pushed higher right out of the gate yesterday, but as the day progressed significant chunks of gains were lost. Stocks are definitely due for a pullback, and yesterday’s reversal lower has all the hallmarks of the beginning...
by adammesh | Oct 25, 2021 | News
Market Recap For October 25th, 2021 Friday’s weakness was obviously just a blip, as all major indices moved higher, and the S&P and Dow both hit new highs again. The rally is intact, regardless of how stretched it seems. Markets are likely closer to a pullback...
by adammesh | Oct 22, 2021 | News
Market Recap For October 22nd, 2021 Overall, stocks took a break on Friday. Although the Dow closed higher, the other major indices failed to do so. The rally is still intact, but short-term momentum diverged on Friday’s last market runup. Pullbacks are healthy, and...
by adammesh | Oct 21, 2021 | News
Market Recap For October 21st, 2021 Thursday brought more of the same, as traders and investors bought the morning dip, almost bringing the Dow completely out of the red. The rally that started last week has shown no signs of stopping yet, even as it sits at, or...
by adammesh | Oct 20, 2021 | News
Market Recap For October 20th, 2021 Another day, another move higher for the overall market. The only major index in the red was the Nasdaq, while the Dow hit new all-time highs. Markets are on a streak, and it’s always hard to call a streak’s end beforehand. For now,...