Summary: A morning rally attempt failed, turning into more declines for the major indexes. Chinese stocks outperformed after China cut interest rates. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Thursday, January 20, 2022 Facts: -1.30%,...
Summary: Markets continued to fall as actions from a more hawkish Fed loom in the near future. Two rally attempts in the Nasdaq couldn't hold on today and investors fled to defensive sectors. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- ...
Summary: Equity markets fell for another day as Treasury bond yields hit their highest level since the pandemic began. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Tuesday, January 18, 2022 Facts: -2.60%, Volume higher, Closing Range: 9%,...
Summary: Markets were mixed on Friday after Q4 earnings reports from JP Morgan and Citigroup disappointed investors. However, Energy and Tech stocks closed the day higher, helping the Nasdaq recover some of yesterday's loss. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. ...
Summary: Tech stocks sold off this week's gains in a reversal for the Nasdaq. Investors took profits as the Fed talked more about rate hikes in public comments. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Thursday, January 13, 2022 Facts:...
Summary: A rally back into large-cap stocks drove the major indexes higher on Wednesday, while small-caps fell back. Consumer Price Index data for December was higher than forecast, but investors remained confident that the Fed would remain vigilant in controlling inflation in 2022. Notes Ideas always welcome in the comments. Errors will be amended as...
Summary: Markets dipped in the morning, but the Nasdaq rallied in the afternoon to close the day with a small gain. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Monday, January 10, 2022 Facts: +0.05%, Volume higher, Closing Range: 97%, Body:...
Summary: Payrolls and Unemployment data sent a blurry picture to investors on the pace of economic recovery. The uncertainty ended a volatile week with more decline while investors continue evaluate pending rate hikes from the Fed later this year. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected...
Summary: Stocks stabilized a bit on Thursday after selling-off the previous day due to the Fed's hawkish meeting minutes release. Small-caps outperformed and investors bought dips in select growth stocks. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. ...
Summary: All indexes and sectors decline in late afternoon trading after the Fed released its December meetings minutes that showed a higher-than-expected concern over inflation combined with the tightening labor market. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. ...
Summary: While most of the market dipped, cyclical stocks took the lead. Energy and Financials led the day while Industrial and Materials had gains after missing out on yesterday's momentum. The rotation shouldn't be a huge surprise after the lopsided gains the previous day and the selling signals of richly (dare we say over) valued growth stocks. Notes ...
Summary: Happy New Year! The first day of 2022 had indexes trading higher as money and trading volume came back into the market. Stocks broadly shared gains, but not all sectors benefited from the advances. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. ...
Summary: Even amongst mixed economic data, markets continued to rally as more information emerges about Omicron. Optimism continues to build that the global economy can power thru further pandemic waves. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=-...
Summary: Markets moved higher on positive Consumer Confidence data as Omicron fears start to fall. Gains were shared widely across the market with all S&P 500 sectors gaining for the day. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Wednesday,...
Summary: A rebound from the Omicron sell-off was helped along by great earnings reports from Nike and Micron Technology. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Tuesday, December 21, 2021 Facts: +2.40%, Volume lower, Closing Range: 98%,...
Summary: After new lockdowns to contain Omicron in Europe and a disruption for the Build Back Better bill, indexes took another day of losses. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Monday, December 20, 2021 Facts: -1.24%, Volume...
Summary: Small-caps outperformed the rest of the market today as investors repositioned for the holidays. The reposition and options expiration drove larger than average volume. All S&P 500 sectors declined. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. ...
Summary: Investors seemed to rethink their positioning after the Fed updated the public on bond tapering and interest rates. Growth stocks and big tech saw the biggest losses, while cyclical sectors benefited. Some new fears of lockdowns around Omicron may also have contributed to the sell-off. Notes Ideas always welcome in the comments. Errors will be...