12/20/23 Overbought and Not Slowing Down

MichaelDec 20, 20232 min read

News: Markets continued their push higher on Tuesday. AP Photo The indexes each logged a day of gains… Dow Jones +0.7% Nasdaq +0.7% S&P 500 +0.6% Russell 2000 +1.9% The Russell 2000 made new 52-week highs as the “January Effect”…


12/19/23 It’s Been 5 Years

MichaelDec 19, 20232 min read

News: Markets opened the new week mostly higher on Monday.  …Though overall sentiment was mixed. Image from Bloomberg The indexes barely budged… Dow Jones +0.0% Nasdaq +0.6% S&P 500 +0.5%…


12/18/23 Your Free Lunch is Here

MichaelDec 18, 20232 min read

News: On Friday, markets reached the mid-way point of December. The end of the year is practically here. Friday’s trading was choppy. The triple witching was a likely cause. Chart…


12/15/23 Booking Profits on the Russell 2000

MichaelDec 15, 20232 min read

News: On Thursday, markets built on rate-cut optimism, posting another day of solid gains. The indexes all rose. One tiny fraction of the market continues to outperform the rest. Chart…


12/14/23 Rate Cuts in Sight

MichaelDec 14, 20232 min read

News: Yesterday, the Fed held interest rates unchanged at 5-¼ to 5-½ percent, as expected. Inside their summary of projections was a surprise… Fed Officials are expecting an average of…

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