Fourth-Straight Bullish July In last month’s MMO, it was mentioned that ... “July is historically the most unpredictable month of the year with the most unreliable historical statistics. More than half the month’s statistics are either mildly bullish or mildly bearish while on the other [...]
MONDAY 24 TO FRIDAY 28 JULY 2023 (Excerpts from Briefing.com, tradingeconomics.com, marketwatch.com, CNBC ) Growth Hope Rallies The Market The stock market registered gains on this busy week of earnings, economic, and central bank news. In aggregate, none of the events this week changed the [...]
MONDAY 17 TO FRIDAY 21 JULY 2023 (Excerpts from Briefing.com, tradingeconomics.com, marketwatch.com, CNBC ) Divergent As You Couldn’t Imagine Most of the major indices logged another winning week. The Dow Jones Industrial Average extended its winning streak to ten straight sessions highlighted by a sizable [...]
MONDAY 10 TO FRIDAY 14 JULY 2023 (Excerpts from Briefing.com, tradingeconomics.com, marketwatch.com, CNBC ) S&P At 2023 Highs The stock market had a very good week, although trading volume at the NYSE was on the light side all week. Not so for the Nasdaq, which [...]
MONDAY 03 TO FRIDAY 07 JULY 2023 (Excerpts from Briefing.com, tradingeconomics.com, marketwatch.com, CNBC ) Good News Is Bad News Week This holiday-shortened week started out slow for the stock market as many participants extended the Fourth of July break into a four-day weekend. After the [...]
Halfway Through The Year Just like that, half the year is done and dusted and we’re into the second half of 2023. The year, so far, has been anything but normal with the three benchmark indices and the Russell 2000 doing quite different things. In [...]
MONDAY 26 TO FRIDAY 30 JUNE 2023 (Excerpts from Briefing.com, tradingeconomics.com, marketwatch.com, CNBC ) Half Year Ends On Winning Note It was a winning week all around - literally. All 11 S&P 500 sectors finished higher; the major indices all finished higher; and the value [...]
MONDAY 19 TO FRIDAY 23 JUNE 2023 (Excerpts from Briefing.com, tradingeconomics.com, marketwatch.com, CNBC ) Growth Concerns Drag The Market Down This holiday-shortened week of trading saw the S&P 500 and Nasdaq break five and eight week winning streaks, respectively. Coming into the week, there was a [...]
MONDAY 29 MAY TO FRIDAY 02 JUNE 2023 (Excerpts from Briefing.com, tradingeconomics.com, marketwatch.com, CNBC ) More Debt Is Good The stock market had a strong showing overall on this holiday-shortened week. The S&P 500, which flirted with 4,100 last week, approached 4,300 during Friday's trade, reaching [...]
INCORPORATING THE OUTLOOK FOR JUNE 2023 MONDAY 22 TO FRIDAY 26 MAY 2023 (Excerpts from Briefing.com, tradingeconomics.com, marketwatch.com, CNBC ) Wild Week Ends With More P2P Divergence The stock market finished out this week on an upbeat note ahead of the extended holiday weekend. The [...]