The S&P 500 closed at record highs three times this last week. Price movement in the S&P 500 is following exactly The Dow Theory definition of a Bull Market, which is a trend marked by continuous Higher-Highs and Higher-Lows. What is interesting is that the...
The overall market is “jittery” and seems to be “looking for a reason” to move in one direction or another. There seem to be more reasons on the horizon for it to go down than up! Sure, we may have tax reform, infrastructure spending, capital repatriation and many...
As hurricane Harvey ravages Texas, the market heads higher. My thoughts and prayers go out to those who were impacted by the storm and who are still reeling from its aftermath. But the market isn’t reeling, it marched up smartly this week. We still have...
A Total Eclipse of The Cloud On Monday, 8/21/17, there will be a total solar eclipse and I am here in Newport, Or which is in the path of totality and I’m looking forward to viewing this rare event. So, of course I had to tie “eclipse” into the update somehow. And the...
Loaded but maybe not locked Of course, I’m keying off of the phrase “Locked and Loaded” that President Trump has been using to describe the US Military’s readiness to respond to North Korea. Since that phrase is in play, I thought I would use it for this week’s market...
