Trading Notes for May 18 - May 22



Here's what you need to know for next week:

-long setup on XLK (tech ETF)

Trading Notes for May 11 - May 15



Here's what you need to know for next week:

-S & P chart still stuck in key fibonacci zones

Trading Notes for May 4 - May 8



-upsloping 20 SMA testing the cloud on /ES; breakout could mean next leg higher to 3000; failure could mean potential testing of March lows

-Gold and Crude both at critical re-test levels

Market Update for Apr 15, 2020



Deep recession could last years as staggering job losses leave economy in ruins.

Market Update for Apr 13, 2020



In today's update:

1) U.S. Equity markets closed mostly lower on Monday ahead of earnings season kickoff. The Dow Jones Industrial Average dropped 328.60 or 1.39%, the S&P 500 fell 28.19 or 1.01% while the NASDAQ 100 closed higher by 38.85 or 0.48% and the Russell 2000 fell by 35.00 or 2.81%.

Market Update for Apr 8, 2020



In today's update:

1) U.S. Equity markets surged on Wednesday after news that Bernie Sanders has dropped out of the presidential race. The Dow Jones Industrial Average gained 779.71 or 3.44%, the S&P 500 added 90.57 or 3.41% while the NASDAQ 100 closed higher by 203.64 or 2.58% and the Russell 2000 finished higher by 52.49 or 4.61%.

Market Update for Apr 6, 2020



In today's update:

1) U.S. Equity markets soar as growth rate of new coronavirus cases appears too slow. The Dow Jones Industrial Average rose 1627.46 points or 7.73%, the S&P 500 added 175.03 or 7.03% while the Nasdaq-100 closed higher by 540.16 or 7.33% and the Russell 2000 finished higher by 86.72 or 8.24%.

Market Update for Apr 1, 2020



In today's update:

1) U.S. Equity markets suffered big losses again on Wednesday as job losses mount and the coronavirus death toll climbs. The Dow Jones Industrial Average dropped 973.65 or 4.44%, the S&P 500 fell 114.09 or 4.41% while the NASDAQ 100 closed lower by 339.52 or 4.41% and the Russell 2000 finish lower by 81.11 or 7.03%.

Market Update for Mar 30, 2020



In today's update:

1) U.S. Equity indexes gained over 3% Monday as stocks extended last week's rally. The Dow Jones Industrial Average gained 690.70 or 3.19%, the S&P 500 added 85.18 or 3.35% while the NASDAQ 100 closed higher by 271.77 or 3.62% and the Russell 2000 finished higher by 26.33 or 2.33%.

Market Update for Mar 25, 2020



In today's update:

1) U.S. Equity markets rallied for a second straight trading session but faded into the close. The Dow Jones Industrial Average gained 495.64 or 2.39%, the S&P 500 added 28.23 or 1.15% while the NASDAQ 100 closed lower by 33.56 or 0.45% and the Russell 2000 finished higher by 13.12 or 1.20%.

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