Archive

Category: Prepare for the Trading Week


07/24/2021

Weekend Update Into July 26th – Bears routed on Dow’s close above $35,000 on Friday

Bears are more than puzzled and sent back into temporary hibernation after the Dow closed above $35,000 for the first time on Friday. The week opened with a sharp sell-off on lower 10-year yield treasury bonds hinting at bad news […]

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07/16/2021

Weekend Update Into July 19th – U.S. Stocks Close Lower As Consumer Sentiments Wain

Stock yielded to the red after a 3-week winning streak, pulling all major indexes into negative territory. After positive retail sales numbers rolled in on Friday, the University of Michigan’s index of consumer sentiment (which strips out inflation) revealed that […]

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07/09/2021

Weekend Updated Into July 12th – Broad Markets Book 3rd Straight Week Of Gains After Thursday’s Decline

Leading U.S. benchmarks wiped out last week’s losses after treasury yields moved up on Friday to edge the major indexes to close at new all-time highs. On Thursday, the broad market looked to end the week lower on renewed fears of […]

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06/26/2021

Weekend Update Into June 28th – The Broad Market Takes The Reins And Closes At New Yearly Highs

The broad markets and major indexes decided to celebrate the 4th early; booking impressive gains at the close on Friday. Of note, the S&P 500 closed at new all-time highs, signaling that investors are digesting new economic data on inflation […]

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The Stock Trading Pit Show – With The Byzantine General and Blake-TradeTracer

This week we had both the cryptocurrency and equity markets represented by our two special guests, Byzantine General and Blake-TradeTracer. In segment 1, TrendSpider’s CEO, Dan Ushman, chated up everything crypto, shared experiences trading the markets, and what is to […]

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06/12/2021

Weekend Update Into June 14th – Major Markets Indices Triple Dare The Fed Ahead Of Policy Meeting And Close At New Highs

After Thursday’s CPI (Consumer Price Index) Report had most ETF’s and equities against the ropes, the markets sidestepped inflationary signals into the bell and closed higher; with the S&P 500 hitting new all-time highs and the Dow and NASDAQ nibbling […]

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06/05/2021

Weekend Update Into June 7th – NASDAQ And Dow Close Shy Of All Time Highs On A “Not So Bad” Jobs Report

On Friday morning, May’s Jobs Report pushed stocks and ETFs higher; with the NASDAQ and Dow closing just shy from previous all-time highs. The 559K+ jobs added in May were less than analysts predicted but signaled that the Fed will […]

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Weekend Update Into June 1st – $SPY / $QQQ Close Near All Time Highs On High Hopes That Inflation Can Be Tamed

Memorial Day is a time to pay homage to the fallen who fought under the most extreme circumstances and adversity to achieve victory in the face of insurmountable odds, and Friday’s market close appears to have paid its respects to […]

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05/22/2021

Weekend Update Into May 24th – $BTC Selloff Spooks The Equity Markets With Whats To Come With Inflation

The Bitcoin ($BTC) sell-off last week sent shock waves throughout the cryptocurrency markets with some traders washing up on the shores of the traditional equity markets looking for a safe haven. Friday’s close was pretty quiet after a week of […]

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05/15/2021

Weekend Update Into May 17th – Bears Confer After Friday’s Broard Market Rally Across Major Indices

Major market indices rallied on Friday to post impressive gains, yet still suffering their biggest weekly losses since February. Friday’s gains were spread across various sectors; with Apple and Tesla for the win in Tech and Carnaval and American Airlines […]

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