by adammesh | Jul 20, 2022 | News
Market Recap For July 20th, 2022 Wednesday’s forecast had stocks moving higher, they didn’t disappoint. Although not quite the day that Tuesday was, all major indices ended firmly in the green. Yesterday’s close was a bullish one, and so is the larger picture. Even if...
by adammesh | Jul 19, 2022 | News
Market Recap For July 19th, 2022 Turns out, Monday’s decline was but just a blip, and markets are back on track with the forecast to start the week: Higher. In addition to notching a nice rally on Tuesday, major indices pushed through important resistance zones....
by adammesh | Jul 18, 2022 | News
Market Recap For July 18th, 2022 This week was expected to start off with a continuation of Friday’s rally, and markets didn’t disappoint. Stocks gapped higher to start Monday’s trading. However, the rally faded mid-day and all major indices fell into the red. The...
by adammesh | Jul 17, 2022 | News
Market Recap For July 15th, 2022 Thursday’s turnaround left a very clear bullish tone which implied higher prices might be coming on Friday, and Friday delivered. Similar to our Friday forecast, higher prices should come this week. Of course, traders should be...
by adammesh | Jul 15, 2022 | News
Tenet Healthcare Corp. engages in the provision of health care services. It operates through the following segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Take a look at the 6-month chart of Tenet (NYSE: THC) below with the added notations…...
by adammesh | Jul 14, 2022 | News
Market Recap For July 14th, 2022 Wednesday’s lackluster close bled into Thursday’s open. However, once again, the major indices recovered most of the losses. Yesterday was a solid close, and the daily price action is consistent with bullish moves higher. Unless...
by adammesh | Jul 13, 2022 | News
Market Recap For July 13th, 2022 Wednesday’s market started off lower, but very quickly worked itself back into the green at one point. However, by day’s end, stocks finished in the red. Yesterday’s close finished with a mixed tone. Markets came off their lows, and...
by adammesh | Jul 12, 2022 | News
Market Recap For July 12th, 2022 Yesterday’s forecast suggested lower prices, and a likely test of S&P 3800. The benchmark index made it down to 380s before getting a last-minute bounce. The market is winding up in a pattern that should be broken very soon. A...
by adammesh | Jul 11, 2022 | News
Market Recap For July 11th, 2022 The most recent leg of the rally that began last month ended at Friday’s high, and the pullback that started didn’t seem to be over at yesterday’s close. Assuming stocks decline further today, the ideal downside target for the S&P...
by adammesh | Jul 9, 2022 | News
Market Recap For July 9th, 2022 Friday’s market action was somewhat of a snoozer after the typical opening volatility. In the end, stocks ended up mostly flat. The trajectory is still higher, but it is important to remember this is an ongoing bear market until further...