by adammesh | May 14, 2022 | News
Market Recap For May 13th, 2022 Thursday’s closing stretch was a bullish one, so following through on Friday was not much of a surprise. The market is overdue for a relief rally, but it’s hard to say whether or not the current one has legs, or will it be over almost...
by adammesh | May 13, 2022 | News
W&T Offshore, Inc. engages in the production, exploration, development, and acquisition of oil and natural gas properties. It focuses its operations in the Gulf of Mexico. Take a look at the 1-year chart of W&T (NYSE: WTI) below with my added notations…...
by adammesh | May 12, 2022 | News
Market Recap For May 12th, 2022 As has commonly been the case lately, markets waffled from down to firmly in the green to solidly in the red. Days have been riddled with back and forth. However, when it’s all said and done, the direction has remained lower....
by adammesh | May 11, 2022 | News
Market Recap For May 11th, 2022 Whatever slight signs of bullishness that had developed on Tuesday were quickly squashed on Wednesday. Most of the damage hit the Nasdaq, again. Yesterday’s close was clearly a bearish one. Traders would be advised to avoid holding any...
by adammesh | May 10, 2022 | News
Market Recap For May 10th, 2022 Tuesday saw stocks jump right out of the gate, and to virtually no one’s surprise the market sold into it, as it has done over and over again. It was hard to gain much from yesterday’s price action, there were a few slight signs of a...
by adammesh | May 9, 2022 | News
Market Recap For May 9th, 2022 Pretty rough day to start the week, as all major indices finished firmly lower, and multiple key levels were taken out. As stated in yesterday’s Spotlight, the path of least resistance is down. A bounce is likely getting close, but...
by adammesh | May 7, 2022 | News
Market Recap For May 6th, 2022 Markets declined further on Friday, but the selling was much more tempered than what was seen on Thursday. Although the path of least resistance, on multiple time scales, is lower, there are several small signs of bullishness appearing....
by adammesh | May 6, 2022 | News
Organogenesis Holdings, Inc. is a regenerative medical company. It focuses on the development, manufacture and commercialization of product solutions for the advanced wound care, surgical and sports medicine markets. Take a look at the 1-year chart of Organogenesis...
by adammesh | May 5, 2022 | News
Market Recap For May 5th, 2022 Wednesday saw the major indices stall at important resistance point, and those points clearly held, and then some, on Thursday. The keys to the next few days will be whether or not yesterday’s high, or Monday’s low is broken. Yesterday’s...
by adammesh | May 4, 2022 | News
Market Recap For May 4th, 2022 The rally that started at the Monday low continued in a big way on Wednesday, as markets reacted favorably to the FOMC statement. The Dow, S&P and Nasdaq all made ended firmly higher, and at key resistance points. Moves above those...
