So we’ve had some really amazing moves in the index’s – SPY / QQQ / DIA after going through the choppiness from late February into the majority of March. Here we are now setting up as discussed for the Earnings Season run ups. Tech finally waking back up and names like FB / MSFT had…
Hope you had a relaxing long weekend away from the screens, and ready to get after it this week & month ahead! According to the Stock Traders Almanac – April is the best Dow Jones ($DIA) month (average 1.9% gain) since 1950. April exhibits strength after tax deadline in recent years. In addition, stocks anticipate…
Shortened holiday weeks are generally bullish and this week so far has proven this theory. In addition, we have Q1 in the books. It feels like we’re seeing a hint of rotation back to tech. Normally I’d think this move isn’t “real” but with Earnings season ramping up in a month or so, I expect…
So we’re now wrapping up the first quarter of 2021 and also closing on Monthly candles which will be interesting to look into end of day. Every hot momentum stock especially tech has gotten crushed into the end of the first quarter, so those became the laggards, while other stocks/sectors led the market higher ($$…
As we go into a shortened holiday week (Market Closed on Good Friday – April 2nd) – we are coming off a bullish end to the week with SPY + DIA closing above where we opened on Monday. QQQ and IWM closed off their lows of the week, but did not close the week above…
