Weekly Stock Market Update: Continued Uptrend

This was a very short week that ended in positive territory. A number of market watchers are finding the new highs nerve wracking. Watch the indicators for signs, so far they are on the way up.

Weekly Market Update: Continued Uptrend

All the indicators remain in the green this week even though we started to see some pressure placed on stocks towards the end of last week. This week will be shortened due to the Thanksgiving Holiday. I am scouting for short term trades because I don't think we know yet what the new president will do for the stock market. Cheers.

Weekly Stock Market Update: Rebound

The elections are finally over! Stocks reacted to the election of "The Donald" wildly, with a plunge the night of the election and then a rebound the following day. All he had to do was talk like a sensible person. The question is, will that be how he acts as president? Or, will he act like he did during the election? My hunch, is that we will have both. This could provide some volatility and maybe some opportunities in the next few years. Nobody really knows, that is why having a system is important. This is a good time to re-read the rules! Keep a level head and carry on!


 

Weekly Stock Market Update: Indicators Turn Negative

With the drama of the upcoming election on Tuesday, the market took a downturn last week. All my indicators, with the exception of the NYSE AD vs. 200 Day Moving Average went into the Red. And, with that, the last one is on its way to going red.

Let's see what unfolds on Tuesday!