Investment House Weekend Wrap Up Archive
Weekender for 10/30
1. Market Summary Leadership Still Needs a Near-Term Test NYSE indices outperform, Nasdaq takes its lumps, but still doesn’t break. Gross domestic product (GDP) positive, but it was made up entirely of declining imports and jumping exports of petroleum products and weapons to Europe. Durables orders rise but all on airplanes. Indices still in overall […]
Weekender for 10/23
1. Market Summary Still Dealing With Near Support After two days up, stock indices fade but do not break. Still dealing with near support, but more a lack of buyers versus a rush of sellers. Housing starts crater. Oil stocks enjoy a solid session as the indices fade. Afterhours earnings see Tesla miss on revenues, […]
Weekender for 10/16
1. Market Summary Consumer Price Index Smoking Hot Consumer Price Index (CPI) smoking hot on top of Producer Price Index (PPI) Stocks reverse 750 Dow points premarket high to low. Then 1300+ Dow points low to high. New 2022 lows for most indices then a massive surge — the action we were looking for early […]
Weekender for 10/9
1. Market Summary Stocks Pause a Second Day Stocks pause a second day with lateral moves at support. Interest rates rise, dollar rises, Fed-speak hawkish, stocks struggle. Ready to continue the bounce, but the jobs report has to be “right.” Consumer Price Index (CPI) looms next week regardless of the jobs report outcome. Advanced Micro […]
Weekender for 10/2
1. Market Summary Board of Options Exchange Quantitative Easing Demonstrates a Very Short Half-Life Wednesday’s Board of Options Exchange (BOE) quantitative easing (QE) bounce demonstrates a very short half-life. Lots of gloom surrounding the Wednesday failure. Here we go again? The gloom plays into a hold at the June low and a relief move. Most […]
Weekender for 9/25
1. Market Summary Stocks Try To Pull An Opposite Day Stocks try to pull an opposite day, fail miserably. Stocks rally late session then dive hard in the last 10 minutes. Central banks are getting on the same page in rate hikes. Japan defends the yen but won’t raise rates. Soft recession now gaining speed […]
Weekender for 9/18
1. Market Summary Some Indices Slide Below the September Lows Some indices slide below the September lows, others are testing them — the day was disappointingly undecisive. Economic data disappoint as retail sales belie the top line number — it is all inflation anyway. Gold bombs below support. FedEx Corporation (NYSE: FDX) withdraws yearly guidance […]
Weekender for 9/11
Special Announcement from the Publisher We are excited to announce the launch of the Eagle Investing Network YouTube Channel. Lots of great videos to help you navigate the markets and become a better investor and trader. Click here to check it out — and be sure to subscribe, so you don’t miss any new videos, […]
Weekender For 9/4
Special Announcement from the Publisher We are excited to announce the launch of the Eagle Investing Network YouTube Channel. Lots of great videos to help you navigate the markets and become a better investor and trader. Click here to check it out — and be sure to subscribe, so you don’t miss any new videos, […]
Weekender for 8/28
Special Announcement from the Publisher We are excited to announce the launch of the Eagle Investing Network YouTube Channel. Lots of great videos to help you navigate the markets and become a better investor and trader. Click here to check it out — and be sure to subscribe, so you don’t miss any new videos, […]
