This BULL train appears to be unstoppable, market is discounting many global events and making NEW HIGHs. Will this BULL train take a breather?
As expected, market is following a script of steady rise with hiccups so far. Recent international "game of words" caused this hiccups but will it turn into a severe cold!!! Let's take a look at few charts...
Market has managed to maintain a steady climb, however its taking two steps forward and one step backwards. Hence it keeps all on their edges and often catches everyone by surprise. What to expect next?
Earnings season came and went but market did not get the push it was anticipating. So where does the market go from here? Let's see if charts are providing any clues...
After an incredible rally, market is looking for direction. Current global events are bit conflicting and earnings season is underway which might be able to provide a new direction. Charts are telling to be cautious...
Market has rallied significantly in last three months and signs are emerging that it needs a breather else the rally is in jeopardy of a flash crash. Let's see if charts are providing any clues.
Market is near ALL TIME HIGHs but will this rally continue? How far will it go before we get a meaningful correction or pullback!!! Are charts giving us any clues?
2017 is here - Wish all our readers a very happy, safe, prosperous and successful NEW YEAR ahead.
After elections, market made significant gains which many of us may not be expecting and might have missed the train. However, now that we are in the NEW YEAR and market is at all time high and consolidating for few weeks, we should get ours ducks in the row. Earnings season is around the corner and with the way things are going, it appears that market may go into euphoria stage (sudden and significant gains in short period) as it went during 1983 period. BUT WHY?
Market is trying hard to maintain current level but for how long!!! Let's check charts for further clues...
After the much hated rally, market finally caved in on Friday but Is this mere pullback or something big?
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