by adammesh | Aug 6, 2022 | News
Market Recap For August 5th, 2022 Stocks dropped right out of the gate on Friday, but by mid-day a rebound took hold, and most losses were recouped. Not much changed after Friday’s trading. Major resistances still sit right at, or just above, current levels....
by adammesh | Aug 5, 2022 | News
Anavex Life Sciences Corp. is a clinical stage biopharmaceutical company, which engages in the development of different therapeutics for the treatment of neurodegenerative and neurodevelopmental diseases. Take a look at the 1-year chart of Anavex (NASDAQ: AVXL) below...
by adammesh | Aug 4, 2022 | News
Market Recap For August 4th, 2022 Markets didn’t make much headway, up or down, yesterday. The S&P failed to take 4160 again, as the Nasdaq inched a little higher. The most recent leg of the rally seems a bit extended, and with the indices sitting at, or near key...
by adammesh | Aug 3, 2022 | News
Market Recap For August 3rd, 2022 Although the larger forecast was for a higher market, it seemed that a pullback might take place first. The market had other plans on Wednesday. All major indices pushed through key resistance marks, which implies higher prices are...
by adammesh | Aug 2, 2022 | News
Market Recap For August 2nd, 2022 As suspected, markets took another stab higher. However, once again, the attempt to push through key resistance marks failed. The Dow, in particular, looks set to fall. In addition, both the S&P and Nasdaq have formed weakening...
by adammesh | Aug 1, 2022 | News
Market Recap For August 1st, 2022 Almost on cue, markets pushed a hair higher to start the week, only to hit our previously cited resistance, and then pull down. Although it is completely possible that stocks may take another stab higher, it seems that a pullback may...
by adammesh | Jul 30, 2022 | News
Market Recap For July 29th, 2022 The forecast for most of the week was for the market to move higher, while hitting new recovery highs. The market clearly accommodated. Friday was a bullish close, but key resistance marks are now sitting just overhead, meaning a...
by adammesh | Jul 29, 2022 | News
Xylem, Inc. engages in the design, manufacture, and application of engineered technologies for the water industry. It operates through the following business segments: Water Infrastructure, Applied Water, and Measurement and Control Solutions. Take a look at the...
by adammesh | Jul 28, 2022 | News
Market Recap For July 28th, 2022 As forecast, markets opened with a pullback on Thursday after Wednesday’s big rally. Also in line with our forecast was the ensuing rally to new recovery highs. The major indices all took out key resistance marks, and that implies even...
by adammesh | Jul 27, 2022 | News
Market Recap For July 27th, 2022 Markets opened Wednesday higher and continued higher after the FOMC statement was released, which perfectly aligned with our forecast. Stocks closed somewhat off of their highs, so today could see a pullback. However, until a signal...