Market Brief – Tuesday 10/30/18

Stocks started out the day surging higher as investors look to “buy the dip” in stocks as the market is flashing “oversold” conditions on a short-term basis. For the past several years buying the dip has been profitable, but right now it isn’t working. When examining trading volumes, I noticed that as stocks have sold … Read more

Market Brief – Monday 10/29/18

On what is being billed as a critical week for U.S. stocks, equities lurched in early trading after European equities were up and Asian equities were mostly down. The Fed’s preferred inflation gauge, or Core PCE, showed inflation held at +2.0% for September. Treasury yields faded their early move higher as inflation expectations moderate. Personal … Read more

Market Brief – Thursday 10/25/18

If there was ever a day the stock market needed to rally, then today is that day. With the major indices giving up their gains for the year and all below their 200-day moving averages, a bearish signal, leveraged investors likely received delinquency notices from their brokerage firms last night. A delinquency notice, or margin … Read more

Market Brief – Tuesday 10/23/18

Following a global routing of stocks, U.S. stock indices opened below their 200-day moving averages, which are key technical levels investors watch to determine the strength in a market. When a security continuously trades below its 200-DMA, it is considered a bearish signal. Buyers stepped into the markets early to take advantage of this drop … Read more

Market Brief – Monday 10/22/18

The S&P 500 closed below its 200-day moving average for the second day in a row. Retail investors continue to buy, as they believe this recent weakness in the stock market is a buying opportunity. Large investors are selling to the retail investors, which is evident by the increase in trading volumes. The other factor … Read more