What a week it has been for the bulls. Last week, we closed our blog stating the following, "If markets are able to push past 4500, then there is a good chance that it will challenge the recent all-time high this week". Well, this week the bulls took control and proved us right. Both the S&P 500 ...
Well, how about that for the September market "correction"? A couple of months ago, there were several bearish articles suggesting a market correction would beget the market. Here are but just a few of those bearish articles that had dire warnings for investors:
Historically, September is the worst month for the stock market. The S&P 500 typically offers poor performance during this time and September 2021 has been no different. Last September, the S&P 500 was down roughly 4%. This September, the S&P 500 was down more than 4.7% - the sharpest decline sin...
A couple of weeks ago we mentioned that the markets were set up for a move lower. Additionally, we suspected that the move down would be anywhere between 200 to 300 points from the last all-time high of 4545.85 made back on 9/2/21. That dropped was fully realized this week when the S&P 500 dipped ...
Today, we take a look at BullGap's Momentum Market Timer (MMT) and compare its performance with the major U.S indexes. From January 1, 2021, to August 17, 2021, the MMT has beaten the market hands down! If you were trading with the MMT system, your portfolio ...
Markets this week had one of their worst slides since mid-February of this year. By the end of the week, the S&P 500 posted 5 consecutive days of negative performance. Strangely enough, markets are only off by 2% of their all-time highs. With the government policy of QE in place, this bull market...
August is finally in the books and all major indexes were in the green. The S&P 500 ended August with +2.5% while Nasdaq was the winner with a solid +4% gain. DIJA also rose +1.2% while IWM rebounded to post a positive gain of +2.1%. Even with nonfarm payrolls missing the consensus estimate of +7...
Jerome Powell came out this week and confirm what the Fed has been suggesting for a few months now. The central bank's plan is to begin tapering off the easy money supply by reducing the number of bonds it will buy (120 billion in monthly bond purchases). This of course means opening the books to...
With earnings season set to wrap up, there seems to be more news regarding an imminent market crash. If you have recently followed some of the market headlines, you would be induced with a bevy of reasons for why a market crash is imminent. Fed tapering, increase in COVID cases, overextended valua...
Another boring week is in the books and we have the equity markets pushing to all-time highs. With strong earnings wrapping up and continuing improvements in the economy, the equity market is doing what we have expected. Following the major uptrend that has been intact for the past 10+ years. Bot...
