Hope or Hype – Day 4: Melt Up? We started this week’s trading plans on Monday morning with: “Our models indicate an upward bias while the index is above 3640”. The theme continues so far. However, expect choppiness while between 3640 and 3705 on a daily close basis. Above 3705, would be the next leg...
Hope or Hype – Day 3: Choppiness Throughout the last week, our theme has been: “The current move up has been powered by the optimism about vaccine as well as the lowered political temperatures, with a dash of stimulus hopes”. It continues this week, with the added factor of an unprecedented event of a nearly...
Hope or Hype – Day 2 Throughout the last week, our theme has been: “The current move up has been powered by the optimism about vaccine as well as the lowered political temperatures, with a dash of stimulus hopes”. It continues this week, with the added factor of an unprecedented event of a nearly $600...
Hope or Hype? Throughout the last week, our theme has been: “The current move up has been powered by the optimism about vaccine as well as the lowered political temperatures, with a dash of stimulus hopes”. It continues this week, with the added factor of an unprecedented event of a nearly $600 billion company (Tesla)...
Inflection Point Next Week? The current move up has been powered by the optimism about vaccine as well as the lowered political temperatures, with a dash of stimulus hopes. The index has been holding up pretty well despite the record setting Covid-19 outbreak. Now, the new game in the town is the old game of...
Wild Ride Ahead The current move up has been powered by the optimism about vaccine as well as the lowered political temperatures, with a dash of stimulus hopes. The index has been holding up pretty well despite the record setting Covid-19 outbreak. Now, the new game in the town is the old game of Stimulus...
Bull Until Proven Otherwise The current move up has been powered by the optimism about vaccine as well as the lowered political temperatures, with a dash of stimulus hopes. The index has been holding up pretty well despite the record setting Covid-19 outbreak. Now, the new game in the town is the old game of...
Consolidation Mode? The current move up has been powered by the optimism about vaccine as well as the lowered political temperatures, with a dash of stimulus hopes. It is yet to be seen if it is a sustainable move or if it is a speculative spike, despite the close near the week’s top on Friday....
Peak after Peak? The current move up has been powered by the optimism about vaccine as well as the lowered political temperatures, with a dash of stimulus hopes. It is yet to be seen if it is a sustainable move or if it is a speculative spike, despite the close near the week’s top on...
Happily Loved Ever After? The current move up has been powered by the optimism about vaccine as well as the lowered political temperatures, with a dash of stimulus hopes. It is yet to be seen if it is a sustainable move or if it is a speculative spike. Staying above the 3600 level for the...
