Monday: Market Mayhem In last week’s article, the importance of Friday’s price action in dictating the price action for the following week. With the S&P 500 index making a new…
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Monday: Follow-Through, Like We Were Supposed To Do On many occasions, when the S&P 500 index settles on the high or low for the week, it provides for a solid…
Tuesday: Early Sellers Turn Into Late Buyers The index’s seven day winning streak finally came to an end. The weekly/all time high from Friday (4347) was bested only slightly in…
Monday: Dip And Rip Friday’s strong close in the S&P 500 index faded early in premarket trading and that continued into the mid-afternoon. However, it did find support a few…
Monday: Buy The Dip Works Again The retreat continued into the early hours of premarket trading. However, the S&P 500 index found support just under its May 24 (4133.50) at…
Monday: Late-Day Rally The S&P 500 index rallied to new all-time high and all-time closing in a bit of an unusual trading pattern. After surrendering all of the premarket gains…
Monday: Holding Steady The S&P 500 index made an early attempt to clear Friday’s high (4232), which coincided with the premarket high of 4232.50 and failed. Just as the index…
Tuesday: Overnight Rally Fizzles Out In the extended overnight session (Sunday night and Monday AM) the S&P 500 index futures went from slightly in the red to solidly in the...
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Monday: Bitcoin to the Rescue Bitcoin can be a negative and positive catalyst for the stock market. Over the weekend and Monday it was both. On Sunday, it neared the...
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