Category: Prepare for the Trading Week

May 8, 2021

Weekend Update Into May 10th – Market Smirks At Negative Jobs Report To Close At New All Time Highs

Somewhere in an alternative Universe, an employment report similar to Friday’s would have upset the markets, but not here, not Friday. Employment numbers fell short by almost 70%, which most would have thought would have been a sell signal on […]

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April 10, 2021

Weekend Update Into April 12th – Who’s Afraid Of Inflation?! Market Shrugs Off Data To Reach New All Time Highs

The S&P, Dow, and NASDAQ YOLO’d into the afternoon session to close at new all time highs after morning jitters concerning inflation and manufacturing data. Although the numbers did point to a potential uptick in inflation, opinions are that it […]

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April 3, 2021

Weekend Update Into April 5th – S&P 500 Smashes 4,000 and NASDAQ Pumps On News of Biden’s New Green Deal.

Spartan cheers of victory rang out in the Wall St. pits on Thursday, as the S&P smashed 4,000 to new all time highs. With the NASDAQ adding and impressive 2% gain to the index (recovering losses from earlier in the […]

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March 27, 2021

Weekend Update Into March 29th – Hold My Beer! NASDAQ Refuses To Be Undone on Friday After S&P Soars

TGIF has a different ring to it after the closing bell with the S&P soaring 200 points on the Fed’s announcement that limitations on buybacks will expire in June. NKE, CSCO, INTC all had a great day, but TSLA slid […]

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March 20, 2021

Weekend Update Into March 22-Banks Take A Hit On Feds Capital Requirements

Friday closed in a mixed fashion; as has been common over the last few months. The Dow and S&P lost ground while tech bounced back to the surprise of many. The decline in the broader indexes was said to be […]

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March 13, 2021

TrendSpider Weekend Update Into March 15th-Major Indexes Touch ATH

Stocks were mixed Friday, with two major U.S. stock indexes closing at all time highs while the tech sector slid into negative territory; with some pointing to interest rates spiking to their highest in more than a year. There is […]

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March 6, 2021

TrendSpider Weekend Update Into March 8th – SPY/QQQ See Thursdays Losses Reversed on Positive Jobs Report

Thursday’s losses on inflation worries were reversed by a positive jobs report on Friday. 379K jobs added in February raised investors hopes of a economic rebound in 2021. Last week’s decline in Treasury yields was also checked with a +1.62% […]

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February 27, 2021

TrendSpider Weekend Update Into March 1st – T-Bill Selloff Puts SPY AND QQQ Under Pressure

The SPY and QQQ were put under pressure by a selloff of treasury bills, due to an increase in bond yields. Nevertheless, the market is still cautiously optimistic with eyes on the monthly charts. In this blog post, make sure […]

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February 20, 2021

TrendSpider Weekend Update Into February 22nd – S&P 500 Stalls Slightly On Friday

Stocks closed out Friday’s session mixed at the end of a choppy week. Investors are trying to gain their bearings on fears of interest rate hikes and signs of potential inflation incoming; while in the other hand, assessing the upward […]

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February 13, 2021

TrendSpider Weekend Update Into February 16th – Market Inches Higher For Week on Week Gain

The market inches higher for a week on week gain to set up another round of record closes. In this blog post, make sure to check out the top 5 TrendSpider charts posted this week on social media as well […]

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