by adammesh | Nov 17, 2022 | News
Market Recap For November 17th, 2022 The NDX and S&P dropped below our previously cited supports right at yesterday’s market open but put the low in shortly thereafter. Most of the rest of the day was spent recovering, ending with a bullish final hour that...
by adammesh | Nov 16, 2022 | News
Market Recap For November 16th, 2022 Wednesday was one of the most lackluster days in the market since the bear began, as the major indices stayed within a small trading range all-day. The NDX and S&P have hovered on top of short-term supports for a couple of...
by adammesh | Nov 14, 2022 | News
Market Recap For November 14th, 2022 Yesterday’s Spotlight forecast higher prices, but also a concern that the S&P might pull back from 4K. Monday ended up bringing both. The reversal in the final two hours of trading left a clear, bearish signal at the market...
by adammesh | Nov 12, 2022 | News
Market Recap For November 11th, 2022 Friday’s Spotlight outlined a forecast for an S&P run to 4K, and the benchmark index delivered to finish the week. Higher prices are likely still to come, overall. However, the past two days have run pretty far and may be due...
by adammesh | Nov 11, 2022 | News
Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: North America, International, and Channel Development. Take a look at the 1-year chart of Starbucks (SBUX) below with the added...
by adammesh | Nov 10, 2022 | News
Market Recap For November 10th, 2022 Even though Wednesday looked very bearish, but our Spotlight stated, “today’s CPI could change that”, and it most certainly did. The rally that started on October 13th remains intact, with an S&P looking to make it to 4K, at...
by adammesh | Nov 9, 2022 | News
Market Recap For November 9th, 2022 Tuesday brought higher prices, but the close wasn’t a strong one. That weakness followed through on Wednesday, with stocks closing near the lows of the day. Wednesday’s move would normally be viewed as clearly bearish, and...
by adammesh | Nov 8, 2022 | News
Market Recap For November 8th, 2022 The Friday into Monday rally pointed toward higher prices on Tuesday, and Tuesday delivered. However, it wasn’t an overly bullish day. Last night’s election results may or may not increase volatility during today’s trading, but...
by adammesh | Nov 7, 2022 | News
Market Recap For November 7th, 2022 After waffling around for most of the day on Monday, the major indices finally started to push higher and close on a bullish note going into the midterms. Probably the most positive aspect of yesterday’s rally was the S&P’s...
by adammesh | Nov 5, 2022 | News
Market Recap For November 4th, 2022 Friday’s market opened much higher, but eventually fell into the red, only to end up closing firmly in the green. Stocks still finished off their highs, however. Forecasting the market after the 1-2 punch of Wednesday and Friday is...
