This weekend is an off-reporting weekend, but we encourage our members to maintain a fluid understanding of the week-to-week market actions. With that being said we offer some light readings and charts to consider as we head into the coming trading week. It’s been a remarkable year in many ways, some more somber than others…...
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. In this week’s episode we confirm a new bull market, and identifies a newly fired breadth thrust and market internals that should breed confidence in your tactical approach to markets going forward. The S&P 500 and individual sectors…...
As daily protests/marches/demonstrations continue, the equity markets also continue to trend higher. On Tuesday, the S&P 500 (SPX) added to it’s record setting bounce off of the March 23r lows by tacking on another 25 points. A quick look at the 1-day chart of the benchmark index below identifies a massive surge in volume and…
Over the last couple of weeks, we’ve been able to compile and discern all the characteristics of a bear market that was on a path to reinstalling a bull market. The key variables identifying such a probable outcome for the market were based on market leadership, structure, breadth and moving averages. As of the close…
Welcome to another trading week!! In appreciation of all of our Basic membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from our Weekly Research Report. Our weekly report is extremely detailed and has proven to help guide investors and traders during all types of market conditions with thoughtful insights and analysis, graphs,…
During the holiday shortened trading week, the excitement was already anticipated and proclaimed by the bulls with strong market breadth in the prior week. As such, when the markets opened for trading on Tuesday morning they took to the upside and didn’t look back. The S&P 500 (SPX) leaped over its 200-DMA on Tuesday and…...
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. In this week’s episode we confirm a new bull market, but advance to the forefront what investors should be considering over the next 30-day period. Thematically and historically, a pullback is increasingly probable. How much of a…...
Almost to the penny, and then the intraday reversal sparked by yet another late-day headline of seemingly consequence. Something not quite right with that sentence structure, but you get what I’m trying to say right? The S&P 500 officially began a new bull market on Tuesday, despite failing to close above its 200-DMA. In crossing…
Welcome to another trading week!! In appreciation to all of our Basic membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from our Weekly Research Report. Our weekly report is extremely detailed and has proven to help guide investors and traders during all types of market conditions with thoughtful insights and analysis,…
Another choppy, headline-driven trading week. Fortunately the choppiness resolved itself to the upside and further erased the previous week’s losses. In the prior week, the S&P 500 (SPX) lost 2.26%, threatening to end the bullish relief rally that is now one of the greatest bear market relief rallies in history. The S&P 500 finished up…...
