Happy Father's Day! 06/18/2017: Markets were mostly mixed for the week, and the TECH Stocks are still battling it out at the Support of the Red Lines (50-day avgs). Money that has left the NASDAQ 100 and the Fab Five FAANG … [Read more...]
Weekly Commentary Jun 11, 2017
06/11/2017: Markets were mostly up again for the week, but the TECH Stocks finally had some profit-taking. The NASDAQ 100 had been having a Buying Stampede, with the Mutual Funds piling into the Fab Five FAANG stocks. These 5 stocks have … [Read more...]
Weekly Commentary Jun 4, 2017
06/04/2017: Markets were up again for the week, as momentum pushed the Indices higher. Next week Congress returns, which could put a damper on the enthusiasm. The weekly S&P 500 Chart (see Chart above) closed above the Top Bollinger … [Read more...]
Weekly Commentary May 28, 2017
NASDAQ 100 is Curving Up on Buying Stampede! 05/28/2017: Markets were up over 1% for the week, on a Buying Stampede of the FANG stocks (FB AMZN NFLX GOOGL) which surged an average of 3.5% each for the week! Momentum has taken over, as the … [Read more...]
Weekly Commentary May 21, 2017
05/21/2017: Markets were down slightly for the week, after rebounding from Wednesday's Dump. McDonalds Corp. is up 36% since crossing back Above the Green Line after the Election, and is still 20% Above the Green Line. Apple Inc. is up 51% … [Read more...]
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