Archive

Category: Top Charts From Last Week


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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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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05/08/2021

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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04/17/2021

Weekend Update Into April 19th – Wall St. Analysts Estimates Routed By Positive Earnings Rolling In

That old adage, “Hope for the best, but prepare for the worst”, must have been hanging on the walls of most Wall St. analysts at the end of 2020; as their conservative estimates were seen biting the dust on Friday […]

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04/10/2021

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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