by adammesh | Mar 14, 2022 | News
Market Recap For March 14th, 2022 Friday’s price action left a bearish tone to the market, and although yesterday started off in the green, eventually the bearish tone continued. The Nasdaq has taken out its February low, and the Russell took out its swing low, which...
by adammesh | Mar 12, 2022 | News
Market Recap For March 11th, 2022 Markets chopped back and forth all week, repeatedly sending mixed signals. Just as Thursday looked somewhat bullish, Friday clearly finished bearish. The back and forth complicates forecasting, but a couple key levels were broken to...
by adammesh | Mar 11, 2022 | News
Albertsons Cos., Inc. engages in the operation of food and drug retail stores. It offers grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. Take a look at the 1-year chart of Albertsons (NYSE: ACI)...
by adammesh | Mar 10, 2022 | News
Market Recap For March 10th, 2022 This week has been a challenging game of whack-a-mole when it comes to pinning down the market’s next move. Rallies reverse, as do the declines. So, forecasting today’s move is probably a waste of time, but yesterday seemed to end on...
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...
