Market Review: As the banking crisis deepened and panic spread throughout the American financial system the US markets rose this week - precisely as everyone would have predicted. If you’re a buy and hold investor, stocks holding up despite such negative news is bullish. From a…
Market Review: The high volatility trading range received an extra dose of volatility this week resulting in almost all year-to-date gains vanishing…
4
Market Review: Friday’s price action I would consider to be mildly bullish with a minor breakout from a pennant but, bigger picture, it’s still chop…
5
Market Review: A central theme this year has been that the market is “stalemated” meaning bulls and bears are at about equal strength and so most…
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Market Review: Most market indexes just chopped around this week, but within that chop one interesting observation I can make is that the S&P 500 has…
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Market Review: The short-seller feeding frenzy came to an end this week, and without anybody else to buy, many stocks fell back down to earth. One clear…
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Market Review: The good news is that there’s a tremendous amount of strength throughout the market. The bad news is that almost all of this strength is…
4
Market Review: One interesting new development this week was that the S&P 500 decisively broke through its 200 day moving average: In addition, price…
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Weekly Newsletter of Danny Merkel