08/23/2020 Markets were mostly up for the week as the S&P 500 Index is back up to the Feb. High. The NASDAQ 100 Index made another  New High, but the broad New York Index and the Small Caps were down this week. There should be plenty of Sellers … [Read more...]

08/16/2020 Markets were up slightly again for the week as the S&P 500 Index is only 0.2% from the All Time High in Feb. There would normally be plenty of Sellers up around the Feb Highs (Resistance), so a pullback down to the 50-day average or … [Read more...]

08/09/2020 Markets were up again for the week as the S&P 500 Index is now back up to the All Time High in Feb. The NASDAQ 100 Index is on New Highs mainly because of huge moves on Amazon, Apple, Google & Microsoft. The broad New York Stock … [Read more...]

08/02/2020 Markets were mostly up for the week as the S&P 500 Index is getting up close to the All Time Highs in Feb. There would normally be plenty of Sellers at the Feb Highs (Resistance), so a pullback down to the 50-day average or below could … [Read more...]

07/26/2020 Markets were down slightly for the week as the S&P 500 Index was over-bought and was nearing Resistance of the Feb High. Resistance is an area where profit taking came in before, so many will Sell again at Resistance if the Volume is … [Read more...]