by adammesh | Mar 9, 2022 | News
Market Recap For March 9th, 2022 Tuesday seemed as if a decline below the 2.24 low might be more probably than first thought, but then yesterday came along and changed the tone. Changed it for a day, at least. Corrections and bear markets are volatile and can create...
by adammesh | Mar 8, 2022 | News
Market Recap For March 8th, 2022 Markets jostled back and forth on Tuesday, starting a bit lower, but then rallying late in the morning. By day’s end, the major indices were back in the red. Taking the weight of all evidence, it seems as if markets will decline below...
by adammesh | Mar 7, 2022 | News
Market Recap For March 7th, 2022 The market forecast for a continuation of the rally that started in late February took a major blow yesterday, as stocks fell, and fell persistently. Along the way, multiple key levels were broken. As good as the late February bounce...
by adammesh | Mar 5, 2022 | News
Market Recap For March 4th, 2022 Although the market has been pulling back over the past few days, the current forecast is still for a continuation of the rally off the 2/24 low. The tougher question is how long last week’s pullback will last, but the S&P and...
by adammesh | Mar 4, 2022 | News
Coinbase Global, Inc. operates as a secure hosted bitcoin wallet to purchase and use bitcoin. It provides merchant tools that enable companies to accept payments in bitcoin by incorporating a single button. Take a look at the 1-year chart of Coinbase (NASDAQ: COIN)...
by adammesh | Mar 3, 2022 | News
Market Recap For March 3rd, 2022 Once again, the market flipped the script, with all major indices finishing lower, the biggest being the Nasdaq. Supports held but it has to be discouraging to the bulls that the markets were not really able to follow through on...
by adammesh | Mar 2, 2022 | News
Market Recap For March 2nd, 2022 The lines in the sand appear to have been drawn regarding support. The S&P has held 4300, while the NDX has held 14K, and the Russell its 2K. Now, resistance has come into play at S&P 4400 and Dow 34K. If the market can...
by adammesh | Mar 1, 2022 | News
Market Recap For March 1st, 2022 Stocks took a dip yesterday, again, but this time they failed to fully recover. Most ended in the red, to one extent or another. Although the rally from Thursday’s low still appears to be intact, a pullback is underway. As long as...
by adammesh | Feb 28, 2022 | News
Market Recap For February 28th, 2022 Monday started off lower, which isn’t too surprising after the great one-two punch of the previous Thursday and Friday rally. Most of the day’s losses were recovered by day’s end, with the major indices finishing overall mixed. An...
by adammesh | Feb 27, 2022 | News
Market Recap For February 25th, 2022 No real surprise on Friday. Stocks rallied as Thursday’s low seems to be one that will hold into this week. Although the larger forecast is for an ongoing bear market correction, last week’s Thursday-Friday turnaround has all the...
