Weekend Strategy Review July 2, 2017
The Dow rose 63 points on Friday, closing at 21,350. It was down 45 points for the week. The NASDAQ finished down 4 points on Friday and down 125 points for the week. Friday’s action on the Nasdaq...
View ArticleWeekend Strategy Review July 9, 2017
The Dow rose 94 points on Friday, closing at 21,414. It was up 65 points for the week. The NASDAQ finished up 64 points on Friday and up 13 points for the week. Friday’s rally did little to change...
View ArticleWeekend Strategy Review July 16, 2017
The Dow rose 85 points on Friday, closing at 21,638. It was up 223 points for the week. The NASDAQ finished up 38 points on Friday and up 159 points for the week. Friday’s breakout rally pushed the...
View ArticleWeekend Strategy Review July 23, 2017
The Dow fell 32 points on Friday, closing at 21,580. It was down 57 points for the week. The NASDAQ finished down 2 points on Friday and up 75 points for the week. Friday’s decline caused the VTI on...
View ArticleWeekend Strategy Review July 30, 2017
The markets had another mixed week. The Dow continued its advance, rising 34 points on Friday, closing at 21,830. It was up 284 points for the week. The NASDAQ continued its decline, finishing down...
View ArticleWeekend Strategy Review August 6, 2017
The markets had another mixed week. The Dow continued its advance, rising 67 points on Friday, closing at 22,093. It was up 262 points for the week. The NASDAQ continued its decline, finishing up 11...
View ArticleWeekend Strategy Review August 13, 2017
The markets appear to have topped this week. The Dow rose 14 points on Friday, but was down 235 points for the week at 21,858. The NASDAQ rallied for 40 points on Friday but was down 40 points for the...
View ArticleWeekend Strategy Review August 20, 2017
The Dow fell 76 points on Friday, closing at 21,674. It was down 184 points for the week. The NASDAQ was down 5 points on Friday and down 40 points for the week. The Dow, NASDAQ, and SPX appear to...
View ArticleWeekend Strategy Review Additional Thoughts 8/20/17
After looking at a chart for the Dow (DIA) (see attached) and the other indexes, the retracement wave that I’m expecting early next week could be either Wave 4 of Major Wave 1 down OR, sub-wave 3.2 of...
View ArticleWeekend Strategy Review August 27, 2017
The Dow finished up 30 points on Friday, closing at 21,674. It was up 130 points for the week. The NASDAQ was down 6 points on Friday and up 49 points for the week. The Dow, NASDAQ, and SPX appear to...
View ArticleWeekend Strategy Review September 5, 2017
The Dow finished up 39 points on Friday, closing at 21,987. It was up 174 points for the week. The NASDAQ was up 7 points on Friday and up 170 points for the week. The markets appear overbought this...
View ArticleWeekend Strategy Review September 10, 2017
The Dow finished up 13 points on Friday, closing at 21,798. It was down 190 points for the week. The NASDAQ was down 38 points on Friday and down 750 points for the week. Last week, I talked about...
View ArticleWeekend Strategy Review September 17, 2017
The Dow finished up 65 points on Friday, closing at 22,268. It was up 470 points for the week. The NASDAQ was up 19 points on Friday and up 88 points for the week. Last week, I presented two...
View ArticleWeekend Strategy Review Charts 9/17/17
The attached charts show the Bullish Triangle Scenario for the Dow (DIA) and a Rising Channel for the SPX. Given the strong gap move up on the DIA on 11 September, I must consider the move to be wave 3...
View ArticleWeekend Strategy Review September 25, 2017
The Dow fell 10 points on Friday, closing at 22,350. It was up 81 points for the week. The NASDAQ finished up 4 points on Friday and down 22 points for the week. Not much changed on Friday. It still...
View ArticleWeekend Strategy Review October 1, 2017
The Dow rose 24 points on Friday, closing at 22,405. It was up 56 points for the week. The NASDAQ finished up 43 points on Friday and up 69 points for the week. Not much changed on Friday, or during...
View ArticleWeekend Strategy Review October 8, 2017
The Dow fell 2 points on Friday, closing at 22,774. It was up 369 points for the week. The NASDAQ finished up 5 points on Friday and up 94 points for the week. Not much changed on Friday. It still...
View ArticleWeekend Strategy Review October 15, 2017
The Dow rose 31 points on Friday, closing at 22,871. It was up 98 points for the week. The NASDAQ finished up 14 points on Friday and up 16 points for the week. Not much changed with the indicators...
View ArticleWeekend Strategy Review October 22, 2017
The sky-rocket ride in the Dow continued Friday with the large cap index finishing up 166 points to close at 23,329. It was up 457 points for the week. The NASDAQ finished up 24 points on Friday and...
View ArticleWeekend Strategy Review November 5, 2017
The rally in the Dow continued during the week with the large cap index finishing up 23 points on Friday at 23,539. It was up 105 points for the week. The NASDAQ was up 49 points on Friday and up 63...
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