Another productive week for the market. All in all, we spent the week consolidating (going sideways) with basically no gain or loss. Given how elevated things are in the short term, this sideways movement is good action to see. Especially given the fact that we have closed up 14 of the past 16 sessions … […]
The market had a productive week. Although it basically ended flat to slightly down for the week, volatility seems to be calming down and the major indexes have regained important levels and seem to be holding above them with decent support. We are still getting some strong intraday moves, but significantly less than we have […]
Given that it is Valentine’s Day and the 20th one I am celebrating with my beautiful wife … I need to make this a short recap this week, or I won’t be able to celebrate my 21st one next year J Another astonishing week in the market. Looking at the charts over the past month we have a […]
Amazingly the week closed with a slight gain on all the indexes. If you watch the markets during the week, I’m sure you will join in my amazement. We started the week with a nasty decline of 2% to 2.5%, then dropped a bit further on Tuesday and Wednesday, yet yesterday and today the market […]