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Renewed talks of stimulus gave Wall Street high hopes and pushed the indexes close to their 52-week highs. The next test will be when the Big 3 indexes finish the comeback to their early September highs. If bulls can move...

Sometimes things go according to plan. Last week we talked about the indexes making moves that suggested the September slump for stocks could be coming to an end. We were cautiously optimistic following last Monday’s gap up but knew the...

Dip buyers snapped up stocks to start the week with the NASDAQ, DOW and S&P 500 each up at least 1.5%. The tech-heavy NASDAQ led the way, gaining more than 200 points, finishing Monday’s session with a 1.87% gain. You...

Our caution last week proved to be the right choice with stocks head-faking “buy on the dip” types. The markets fell sharply to close out trading last week. Wall Street chose a deep red to start the new week with...

Insiders stepped up their buying after returning to work following Labor Day. Executives, directors, 10% owners and institutions spent a collective $6.2 billion buying stocks last week. That’s a healthy number. Despite parting with a pile of cash, we only...

Stocks started the week on the right foot, that’s good. However, the NASDAQ is still hugging its 50-day moving average and needs some more liftoff for us to feel comfortable being on the bullish side of the market. As our...

It took a couple of days, but Wall Street reacted as we expected it to as the indexes were overbought. In case you missed it, this is what we wrote last week: “The stock market is primed for profit taking....

This is going to be a relatively quick one. Sometimes there isn’t much to say as the storyline is straight forward. The stock market is primed for profit taking. It’s that simple. The DOW may have gotten the jump on...