This week started with lower gaps in all three major indices. Although the price tried to rally until Thursday, it seemed to act as a fake long-handling pump as Jerome Powell’s comments…
Tag: August
Market Update August 22nd: Will the Markets Calm Down?
There has been a lot of talk lately about when the markets might lose some wind of their sails and it looks like these fears may be paying off now. We saw…
Market Update August 15th: The Rise Continues
Short-biased traders are completely offside this week, as indicators continue their upward movement. The sideways move that many are afraid to resolve to the downside turned out to be buildup and it…
Market Update August 8th: Markets Are Close To Showing
Another week in the markets is coming to a close, and once again the bulls are finding themselves in a position of control. Although there were midweek concerns about a particular senator…
August 1st Market Update: The Bulls Are Winning Again!
The bulls came to celebrate this week, and what a party! The recession has been redefined, the market has ignored it, and new highs have been recorded against last week’s highs across…