Summary: Positive economic news couldn't break through the September blues, making for a choppy week in the markets. Investors are balancing good economic data with the possibility that Fed may start bond tapering soon.
Notes
The Market Week in Review is my weekend homework where I look over what happened in the previous week and what might come in the...
Summary: Indexes closed lower while volume soared on quadruple-witching Friday. Only the Russell 2000 was able to end the day with gains.
Notes
Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog.
The Daily Market Update growth list is here: www.tradingview.com It is not a list of all...
Summary: Better than expected Retail Sales data help the Consumer Discretionary sector advance to the top of the sector list. However, rising Treasury Yields subdued other sectors and sent three of the four major indexes to losses for the day.
Notes
Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline...
Summary: Stocks rose on Wednesday after Crude Oil supplies signaled much higher demand than expected. That boosted the Energy sector by more than 3.5%, and the improved optimism drove broad gains across the market.
Notes
Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog.
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The SPY's daily graph isn't looking as good with a few indicators that look very bearish on the daily graph. The NASDAQ on the other hand appears to have rallied out of its slump from the beginning of the day, providing a breath of relief for bullish investors, however, this trend has not been confirmed yet and suggests merely a temporary shift before continuation...
Summary: US Treasury Yields slid after the morning's consumer price index data added more confusion to the economic picture. Is lower than expected inflation a good thing or a bad thing? What does it mean for Fed monetary policy? The unanswered questions equate to risk for investors, sending them to safer bets.
Notes
Ideas always welcome in the comments....
Summary: The OPEC Monthly Report provided a positive outlook for the economy, stating that oil demand would exceed pre-pandemic levels next year. That sent oil futures and the Energy sector higher and turned investors more optimistic on value stocks and the re-opening trade.
Notes
Ideas always welcome in the comments. Errors will be amended as comments on...
Summary: This week investors wrestled with worries over a slowing economic recovery and the timing of the Fed's bond tapering this fall. The short week opened with the Nasdaq reaching a new all-time high, but prices faded from that point through the end of the week. Glitches in cryptocurrency platforms sent Bitcoin and Ethereum lower, while NFTs sent Litecoin...
Summary: Markets reacted on fears of a slowing economy while demand remains higher than supply in several parts of the economy, and indicators show continued inflation for producers. The day marks the fourth straight session of declines for equities.
Notes
Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected...
Summary: Indexes declined today after a volatile day for bonds. Yields were rising in the early morning before a robust 30y Bond auction sent yields lower. Jobless claims data released in the morning hit another pandemic low, boosting the economic outlook but raising expectations for the Fed to start tapering bond repurchasing.
Notes
Ideas always welcome...
Summary: Investors were cautious on Wednesday, sending indexes lower over fears of a slowing economy. Defensive sectors led the day.
Notes
Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog.
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Wednesday, September 08, 2021
Facts: -0.57%, Volume higher,...
NASDAQ:IXIC
We expect a correction to one of the Fibonacci levels: 0.5 (14910), 0.618 (14794) and there will be 55 EMA. It is important that the RSI unloads below the previous low. Then convergence is formed for further growth to 16,000.
Maybe they will lower the price a little lower, but I think they will not be able to break through the level. If we move...
Summary: Markets closed the day with mixed results as investors worried about a slowing economy and uncertainty around when the Fed would start bond tapering. Big Tech was viewed as the safe bet, helping keep the growth sectors and the Nasdaq positive for the day.
Notes
Ideas always welcome in the comments. Errors will be amended as comments on TradingView...
Summary: Employment data kept investors guessing about the Fed's timeline for bond tapering. However, that did not keep the Nasdaq and S&P 500 from hitting new all-time highs. Defensive sectors led the week, but growth sectors also closed the week with gains.
Notes
The Market Week in Review is my weekend homework where I look over what happened in the...
