11.21.23 Market Update
The stock market has been on a rollercoaster ride recently, and today's action was no exception. The S&P 500, a broad index of the U.S. stock market, ended the day down
Market Update 11.9.2023
The stock market closed lower on Wednesday, November 9, 2023, with the Dow Jones Industrial Average falling 220.33 points, the Nasdaq Composite Index losing 128.97 points, and the S&P 500
5.19.2023 Market Update
The S&P 500 opened the day at 4,170.82 points and exhibited volatility throughout the trading session. It reached an intraday high of 4,190.29 points before encountering resistance, ultimately
10.20.2022 Market Update
There is only phrase to describe what we are seeing in the market right now, and that is "absolute pandemonium." After a strong rally Monday and Tuesday, the market took back much of
10.18.22 Market Update
Boy has it been a wild few days on the market. Following our last post, things were looking grim, but just like with any good bear market, vicious rallies can occur. While it
10.11.2022 Market Update
Wow what a crazy day! What we expected to be a boring/choppy day on the market turned out to be one filled with many twists and turns. This includes SPY making a
10.10.2022 Market Update
After what started that day as a slight recovery, SPY (our favorite ETF that tracks the S&P500) ended down -2.77(-0.76%). SPY is down back into our downward channel(shown
10.7.2022 Market Update
After a better than expected jobs report aka lower unemployment lower and higher Nonfarm payrolls better than expectations (show below), the market sold off hard, with the SPY ending down -2.79%. This
10.5.2022 Market Update
After a massive 2 day rally, the market has show us it is not quite ready to make its next big move. After being down almost -2% today and up to as high
10.4.2022 Market Update
Fresh off hitting a new yearly low last Friday, the bulls have raged back and have fought to break SPY out of balance to the upside and outside of the downward channel it
10.3.2022 Market Update
And just like that the bulls have fought back to, you guessed it, get SPY back into balance on the daily chart (the monthly and weekly charts are still down). We received a
9.30.2022 Market Update
It took all day but it finally happened. The S&P 500 broke out of balance to the downside. We are now down on the daily, weekly and monthly charts. This is a