Party for the Trump Rally Just Getting Started

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Market Condition   Commentary Analysis Technicals The SP-500 (SPY) has made 5 new consecutive highs since its breakout from a short-term period of consolidation. The trend remains bullish and has assumed a parabolic character by piercing through the resistance of its upper channel. At some point soon, I anticipate the SPY to pull back within […]

View From The Hill: May-8-2015

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Commentary Equities: Investors received the news of the much awaited employment report very positively. All the major U.S. stock indices gapped up on the open and finished the day in positive territory. The SP-500 (SPY) made a new 4-day high and initiated a new short-term uptrend. The Nasdaq-100 (QQQ) and Russell-2000 (IWM) both

Geopolitical Risks Shell-Shock Bulls Into Safety

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Commentary Despite the parade of positive earnings from bellwether stocks or data reflecting an improving labor market, today’s geopolitical events (see summary of bearish events below) were too much risks for bulls to ignore and shell-shocked many into the safety of bonds, cash, gold and crude oil. A price-volume analysis of today’s final hour of […]