The market staged a surprise rally in the last 30 minutes of trading
TODAY’S STOCK MARKET VIDEO REVIEW – The market staged a surprise rally in the last 30 minutes of trading… but it was no surprise to my MarketDNA model.
MarketDNA was recording ‘accumulation’ the last two days of trading so the intense rally at the end of the day Friday made complete sense.
In this weekend’s review I [...]
End of the decline – new rally?
TODAY’S STOCK MARKET VIDEO REVIEW – The market declined but this could be the start of another 1800+ point move on the DOW – UP.
Hard to believe?
Watch my video review and become a true believer.
WATCH TODAY’S VIDEO REVIEW:
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The rally over already? Possibly…
TODAY’S STOCK MARKET VIDEO REVIEW – As I stated in last week’s Review the market found some buyers even though the market declined 64 points and that led to today’s 235 point DOW advance.
Everything looks good for a potential leg higher except one thing.
This one thing could easily derail the new rally… so be very, [...]
The first round of 'secondary' offerings
TODAY’S STOCK MARKET VIDEO REVIEW
The first round of ’secondary’ offerings for Key Corp, BBT, and other banks started today and drove financial stocks lower… more to come.
Down 155 on DOW … and more to come.
WATCH TODAY’S VIDEO REVIEW:
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The rally today failed an important test
TODAY’S STOCK MARKET VIDEO REVIEW
A rally today could mean additional strength in the market. However, the rally failed an important test to determine if it’s ‘for real’ or not.
The ‘test’ is one I use all the time and it keeps me out of trouble on days like this. It helps me understand if the market [...]
DOW Breaks Rising Trendline
2:18 PM
The DOW has broken it’s rising trendline, re-tested it and is trading lower at this hour.
For specific targets please watch today’s Daily Review Video
The DOW advanced 216 points
TODAY’S STOCK MARKET VIDEO REVIEW
The market keeps rolling. The DOW advanced 216 points… who woulda guessed, but this market is strong.
Troubling is the VIX which refuses to budge. Skepticism on the part of the market that this rally will last?
Probably or it’s people buying calls and puts at record levels causing the volatility to stay [...]
Discover the AMAZING similarities between the 1937-1938 market and today's market
TODAY’S STOCK MARKET VIDEO REVIEW
Discover the AMAZING similarities between the 1937-1938 market and today’s market.
This Weekend Review goes through the similarities in detail and I think it will be interesting to see how the market unfolds given the correlation so far.
Also, I give you an options strategy for taking advantage of the expected massive move [...]
Pre-Market Update. New S&P500 pullback target
Pre-Market Update. New S&P500 pullback target.
Notes: The market should pullback in an ‘orderly’ fashion, however that does not mean we could not see a ’shakeout’ of some sort. Continued…
Well we got a pullback…
TODAY’S STOCK MARKET VIDEO REVIEW
As I stated yesterday, “I think this rally is real… but I should would appreciate a pullback and the VIX doing what it’s supposed to do on an up day – go down. Is that too much to ask?”
Well we got a pullback… in the last hour of trading. The VIX [...]