Good evening StockBandits!
Last week we saw a bit of a trampoline effect as the indexes each continued lower from the previous two-week declines to mark new pullback lows off the May highs. [Read more…]
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By Jeff White Filed Under: Nightly Reports
Good evening StockBandits!
Last week we saw a bit of a trampoline effect as the indexes each continued lower from the previous two-week declines to mark new pullback lows off the May highs. [Read more…]
By Jeff White Filed Under: Nightly Reports
Good evening StockBandits!
After alternating advances and declines for the past six sessions, today we saw some follow through on the downside as the major averages gave up more than 1% each. [Read more…]
By Jeff White Filed Under: Nightly Reports
Good evening StockBandits!
The 20-Tuesday streak of wins for the DJIA was broken today, surprising some who thought the senior index might never go red again on the second day of the week. [Read more…]
By Jeff White Filed Under: Nightly Reports
Good evening StockBandits!
A choppy session with numerous crosses of the flat line (with the exception of the DJIA) finally found a bid in the afternoon to take each of the indexes green by the closing bell for a snapback rally. [Read more…]
By Jeff White Filed Under: Nightly Reports
Good evening StockBandits!
A fast Friday afternoon selloff ahead of the weekend left the market at its session lows by the closing bell, and delivered a downside resolution to the trading ranges we’ve been monitoring on both the S&P 500 and the DJIA. [Read more…]
By Jeff White Filed Under: Nightly Reports
Good evening StockBandits!
The strong start to the holiday-shortened week on Tuesday was followed by a steady grind lower after the first hour, and then today we saw follow-through selling. [Read more…]
By Jeff White Filed Under: Nightly Reports
Good evening StockBandits!
The new week kicked off today, and given that it was a Tuesday, the ho-hum routine of the buyers kicked into autopilot and another rally was seen. [Read more…]
By Jeff White Filed Under: Nightly Reports
Happy Memorial Day StockBandits!
If you have served our country in any capacity through the Armed Forces, I want to personally thank you. Many have made the ultimate sacrifice for our freedom. I want to sincerely thank you who are retired or active or are reserves for the personal sacrifices you have made in serving our country.
The indexes saw their first multi-day pullback last week since mid-April following a straight-up month-long advance. [Read more…]
By Jeff White Filed Under: Nightly Reports
Good evening StockBandits!
Just a day after the Tuesday streak was extended to 19, we saw some very meaningful Wednesday withdrawals take place today as stocks snapped back in a rather dramatic recoil right off fresh new highs. [Read more…]
By Jeff White Filed Under: Nightly Reports
Good evening StockBandits!
The market went higher for yet another Tuesday – what else might we expect? [Read more…]