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 Weekly Must Know macro and technical analysis. Our weekly Reports are extremely detailed and have proven to help guide investors and traders during all types of market conditions with thoughtful insights and…
It has already proven a rather choppy start to the trading week, with the S&P 500 (SPX) rallying on Monday and the Nasdaq (NDX) bouncing sharply. On Tuesday, however, all major averages gave up ground as investors grappled with commentary from legislators. Heading into the Wednesday trading session, investors/traders will likely be watching Congressional testimony…
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,…
After a 20+ point gain and new bear-to-bull market high for the S&P 500 on Monday, the benchmark index tacked on another 5 points Tuesday. During the 2-day rally it didn’t prove all unicorns and rainbows. On Monday, the biggest issue most investors highlighted was that the rally came with poor market breadth. On Tuesday,…
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,…
On Monday, and with the mega-tech FAANMG stocks coming under significant pressure, the equity markets performed a major reversal intraday. The S&P 500 achieved a new, post-bear market and new bull market high of 3,235 Monday. This was the first new high for the benchmark index since June 8th and a prior to a 5-week…
For a long time, I used to read Reminiscences of a Stock Operator almost every year. I don’t do that anymore, not because I find its lessons dated, but because I had it almost memorized so could direct my attentions elsewhere. The market’s behavior since the March 23rd bottom of 2191 to the 43% gain by July…
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,…
While the rise in new, positive Covid-19 cases continue, the S&P 500 (SPX) has hinted at the potential of re-testing the bear-to-new bull market highs. Both of these benchmarks are on the same path and seemingly aiming to befuddle the broader investor community. One proposed reason for the equity market’s defiance of the alarming rise…
I haven’t written an article like this one in the past, so bear with me here folks. This is the type of article that many would characterize as a “public service announcement” or PSA for short. My main consideration for this article are resources. One of the most important concepts about investing that I’ve discovered…
