Weekly Market Recap Dec 10, 2017

Before we talk about the stodgy ole stock market, anyone see that Bitcoin? $ 11K last week – $ 16K this week…. and as I write this bitcoin futures are up over $ 18K. Just another week in the life…. (here is what you need to know about bitcoin futures)

Back to your regularly scheduled program… the S&P 500 rested a bit while a small correction rolled through the massive winners of 2017…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Dec 3, 2017

After the NYSE McClellan Oscillator flipped back positive, we went out of our cautious stance and this week rewarded the bulls with significant gains Tuesday and Thursday. Only the guilty plea of Michael Flynn could slow down momentum, and even that was only an hour Friday morning before the bulls stampeded right back. With the tax reform plan looking very likely now, the market is rejoicing….

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Nov 26, 2017

Thanksgiving week is usually great for bulls and this last week was no exception. Gobble gobble. Most of the gain for the week was concentrated in the rally Tuesday (in the opening hour!); it was quiet otherwise. A little post Thanksgiving pop happened Friday morning as well. And that was your week folks.

News flow was SLOW. Federal Reserve minutes Wednesday were a “highlight”:
The Fed…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Nov 19, 2017

Monday, Tuesday, and Friday saw the now usual “no volatility” days – while bears finally saw some action on Wednesday, bulls came right back Thursday with even bigger gains. So while we have been cautious on the market for 3 weeks now all that has meant is consolidation in the market (granted the Russell 2000 has taken some hits). For the week the S&P 500 fell 0.3% while the NASDAQ gained…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Nov 12, 2017

While it was the first losing week in 8 for the major averages, bulls should continue to be happy as such minor losses after significant rallies are just part of a consolidation period. Tuesday was the only positive day for the week but again we are talking about a very low volatility environment, where “down days” are often in the spirit of -0.15%. That said the weakness in the Russell…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Nov 05, 2017

While there was some chop to this past week, the bulls remain in control as that chop right now would be seen as some form of consolidation after a round of market gains. The weekly gain for the S&P 500 was 0.3% and for the NASDAQ 0.9%. For the month of October the S&P 500 was up 2.2% and the NASDAQ 3.6%.

Monday was the only day of sustained selling and some attributed that to a…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Oct 29, 2017

As Jim Cramer would say, it’s just another boo yah after boo yah for bulls. Earnings season continues and indexes continue to hit highs. Gains were not huge for the week but Friday’s whiplash higher surely was felt by bears.
“Earnings remain a solid tailwind for equity prices,” said Robert Doll, chief equity strategist at Nuveen Asset Management LLC, in a note. “Just over 20% of S&P 500…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Oct 22, 2017

Another week of nearly no volatility… in what has historically been one of the month’s most fraught with volatility. Four very small days of gains to begin the week followed by a decent leg upward Friday. Bulls continue to be in complete control and records of “little volatility” continue to be shredded. The S&P 500 gained 0.9% for the week. Apple took a hit Thursday and while the…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Oct 15, 2017

Last week brought back the extremely non volatile market! Nary a move of >0.2% up or down on the S&P 500 in any of the 5 sessions. After some rallying the prior few weeks this is exactly what the doctor ordered for bulls; this was especially necessary for the Russell 2000. For the week both the S&P 500 and NASDAQ gained 0.2%.
“Investors are following the tax-reform debate, as…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Oct 01, 2017

This past week was almost a carbon copy of the prior week – 4 days of gains offset by 1 day of mild losses. The bulls continue to own 2017. Importantly, small caps saw a second strong week in a row after being the laggard of the year — so a healthy rotation continues throughout the market. Even a “hawkish” speech by Janet Yellen on Tuesday could not slow down this train:
Investors shruged…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Sep 24, 2017

Four days of mild gains offset by a day of modest losses led to a quiet week. For the week the S&P 500 gained 0.4%, the NASDAQ fell 0.3% while the Russell 2000 was the standout with a gain of 1.3%. The Federal Reserve did announce the long awaited draw down of it’s balance sheet which was of no surprise – and the market’s reaction was muted. The Fed ended it’s massive bond buying program…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Sep 17, 2017

A sharp rally Monday was followed by 4 relatively quiet days as gains were efficiently consolidated. After a brief respite, bears are back on the run again. No real catalyst Monday other than “less damage than expected from Irma” and no weekend hijinks from the North Koreans. For the week the S&P 500 gained 1.6% and the NASDAQ 1.4%.

Katie Stockton is giddy:
“The U.S. stock market is…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Sep 10, 2017

The holiday shortened week started with a bout of moderate selling but things were largely quiet in the indexes after that. The debt ceiling turned into a nothing burger – we didn’t even get the normal rhetorical circus out of D.C. before they kicked the can forever down the road – boo! So we’ll be back at it circa mid December when they wave their hands in faux outrage as they raise it…

Read the full article at StockTradingToGo.com


Stock Trading To Go

Weekly Market Recap Sep 3, 2017

It was a week of “fixing things” technically. Tuesday some geopolitical tension surfaced after North Korea launched a missile over Japan and indexes opened down but buyers dove in and the indexes essentially rallied 3 days straight at a 45 degree angle! Wednesday was a key day in so many ways on so many index charts – it wasn’t necessarily a big up day but it broke downtrends on key charts. …

Read the full article at StockTradingToGo.com


Stock Trading To Go