The Santa Claus Rally Under Attack
Last week the stock market’s annual Santa Claus Rally came under attack by the bond bears. The powers that be behind the stock market are fighting back, but this situation looks tenuous. Keith covers many of the technical details in the Big View video this week, but first let’s look at the big picture. Considering
Did We Learn Anything From The Sock Puppet In 2000?
Last week, in an AI-enabled event, the Sock Puppet emerged from retirement and sat on a panel of market prognosticators with Micro Strategy’s chairman, Michael Saylor. The Sock Puppet said to Mr. Saylor… I’ve seen this movie before. I raised $267 million to help people buy pet supplies (which they certainly needed) in a much
Did We Learn Anything From The Sock Puppet In 2000?
Last week, in an AI-enabled event, the Sock Puppet emerged from retirement and sat on a panel of market prognosticators with Micro Strategy’s chairman, Michael Saylor. The Sock Puppet said to Mr. Saylor… I’ve seen this movie before. I raised $267 million to help people buy pet supplies (which they certainly needed) in a much
Will Stocks Continue To Rhyme With 2016?
From everyone at MarketGauge, we hope you’ve had an enjoyable Thanksgiving weekend and that it kicks off a happy and healthy holiday season for you and the ones you love. November closed with the distinction of being one of the strongest November’s in the last 20+ years and the best-performing month of the year in
Will Stocks Continue To Rhyme With 2016?
From everyone at MarketGauge, we hope you’ve had an enjoyable Thanksgiving weekend and that it kicks off a happy and healthy holiday season for you and the ones you love. November closed with the distinction of being one of the strongest November’s in the last 20+ years and the best-performing month of the year in
Is The Market Cautiously Rotating at New Highs?
Last week started with the anticipation of how the market would respond to its prior week’s pullback from the enthusiastic post-election rally. Even without a boost from NVDA’s earnings report, the stock market resumed its bull trend in some encouraging ways. First, as you can see in the daily chart below, the Russell 2000 (IWM)