by adammesh | Dec 22, 2022 | News
Market Recap For December 22nd, 2022 Quite the wild day on Thursday, as markets fell right out of the gate and into mid-day. Stocks found their footing a couple of hours before the close. Yesterday finished in the red, but on a bullish note. If the runup into the...
by adammesh | Dec 21, 2022 | News
Market Recap For December 21st, 2022 Stocks rallied on Wednesday, following through on the slight bounce off 3800 from the previous two days. Unless the S&P completely reverses course, which is certainly possible, the benchmark should make a run up to the 3900...
by adammesh | Dec 20, 2022 | News
Market Recap For December 20th, 2022 The S&P tested the 3800 mark once again, and once again, that level held. As long as the benchmark index continues to do so, a run to 3900 is still on the table. When it comes to the S&P, the eventual break of one of...
by adammesh | Dec 19, 2022 | News
Market Recap For December 19th, 2022 Markets started off a little bit higher on Monday, which was in line with yesterday’s Spotlight. However, the day didn’t end that way. After the failing to hold 3900, the S&P seemed set to fall to 3800, at minimum. That mark...
by adammesh | Dec 17, 2022 | News
Market Recap For December 16th, 2022 Friday markets performed as expected, with all major indices hitting new lows of the current decline from recent highs. Even though the current move lower looks like it has more to go, stocks came off their Friday lows enough as to...
by adammesh | Dec 16, 2022 | News
Burlington Stores, Inc. engages in the retail of off-price apparel and home products. It offers women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, coats, beauty, toys, and gifts. Take a look at the 6-month chart of Burlington (BURL)...
by adammesh | Dec 15, 2022 | News
Market Recap For December 15th, 2022 Yesterday’s forecast was for a likely lower move in stocks. Once the key levels gave way, the rest was history. Additional levels fell towards the close, which implies the larger market forces are still taking stocks lower, as...
by adammesh | Dec 14, 2022 | News
Market Recap For December 14th, 2022 Although the release of the FOMC statement yesterday created the typical intraday volatility, when it was all said and done it wasn’t a meaningful day. Of course, Tuesday’s close was bearish, and Wednesday’s didn’t do much to alter...
by adammesh | Dec 13, 2022 | News
Market Recap For December 13th, 2022 Well, the question of a possible market rug pull was answered emphatically once the morning’s CPI numbers were released. No dice. Instead, stocks skyrocketed right out of the gate. Shortly thereafter, the drift lower began, and...
by adammesh | Dec 12, 2022 | News
Market Recap For December 12th, 2022 In somewhat of a surprise, markets were green all day yesterday, and even ended up with a very good day overall. Again, a little surprising that traders and investors would want to load up going into the always volatile CPI...
