drewby4321

drewby4321

Summary: Indexes took a breather from the big gains on Tuesday while the market awaited the Fed meeting minutes and the world contended with the shifting situation in Ukraine. Investors rotated profits in mid-caps into small-cap and large-cap bets today, focused on value and cyclical stocks. Notes Ideas always welcome in the comments. Errors will be amended...

drewby4321

Summary: Markets bounced back on the good news that Russia would reduce forces at the Ukraine border. The result was broad gains across the market and upward jumps in the major indexes. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Tuesday,...

drewby4321

Summary: It went up. It went down. In the end, there was no love or hate on Valentine's day as the Nasdaq closed where it opened. The indecision in the market comes among worries over Ukraine and how aggressively the Fed will deal with inflation. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline...

drewby4321

Summary: Worries rose this week over the Ukraine conflict's impact on inflation and driving a more hawkish response from the Fed. If you are not ok with the wild ride, hopefully you are on the sidelines. Notes I fat-fingered the date yesterday and then copied it through the entire publishing process. :( Ideas always welcome in the comments. Errors will be...

drewby4321

Summary: Consumer Price data showed inflation at its highest in forty years, raising concerns that the Fed will be more hawkish in its March rate hike than previously thought. Treasury yields soared while equities pulled back. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. ...

drewby4321

Summary: Markets closed sharply higher on Wednesday, led by big tech and broad gains across almost all segments. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Wednesday, February 9, 2022 Facts: +2.08%, Volume higher, Closing Range: 100%, Body:...

drewby4321

Summary: Equity indexes were led higher by cyclical and tech sectors while small-caps outperformed for another day, providing the breadth needed for good structural gains. Treasury yields continued higher, reaching levels not seen since the pandemic began. Notes In yesterday's (Monday) update, I included Wednesday's set of Economic News and Earning Reports...

drewby4321

Summary: Small-caps outperformed while Meta continued to weigh on major indexes, creating a volatile day for equities. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Monday, February 7, 2022 Facts: -0.58%, Volume higher, Closing Range: 16%,...

drewby4321

Summary: Amazon helped markets move higher on Friday, but some trepidation remained for investors who are worried about a hawkish Fed. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Friday, February 4, 2022 Facts: +1.58%, Volume lower,...

drewby4321

Summary: Meta killed the rally. Perhaps Amazon can restart it. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Thursday, February 3, 2022 Facts: -3.74%, Volume lower, Closing Range: 7% (w/gap), Body: 47% Red Good: Stayed above 13,800. Lower...

drewby4321

Summary: The rally in the Nasdaq slowed on Wednesday as investors took profits in some sectors while chasing a more select set of companies turning in great earnings this past two weeks. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Wednesday,...

drewby4321

Summary: Stock indexes rose along with optimism as corporate America continues to provide earnings beats and positive outlooks for 2022. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Tuesday, February 1, 2022 Facts: +0.75%, Volume lower,...

drewby4321

Summary: The market took a big step forward to end what was a difficult January. Investors poured back into equities after comments from the US Treasury's top economist that they see inflation easing in 2022. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. In the past, I focused...

drewby4321

Summary: We ended a volatile week with one more whipsaw day. Thankfully, this one whipped to the upside. It seems the strong earnings week finally lifted sentiment in the market, overcoming fears of inflation and geopolitical events. Will it stick? Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected...

drewby4321

Summary: It was another tough day for the stock market. Indexes opened higher, but then faded throughout the day to close lower. The rally attempt from Monday's low is still intact but the performance since then isn't looking good. Will indexes fail Monday's low and go further down, or will they find support and move higher? Notes Ideas always welcome in the...

drewby4321

Summary: Jerome Powell says Inflation is bad and possibly getting worse. While the initial release from the Fed meeting met expectations, which predicted an interest rate hike in March, markets turned fearful again when comments from Powell showed much more concern than anticipated. Notes Ideas always welcome in the comments. Errors will be amended as...

drewby4321

Summary: Markets were lower on Tuesday as investors awaited the Fed's interest rate decision on Wednesday. The energy sector tracked oil prices hire on fears that the Ukraine standoff would put pressure on supplies. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. ...

drewby4321

Summary: Markets rebounded after a massive dip in the morning brought on by worries over the Fed interest rate decisions mid-week and what's happening between Russia and NATO over Ukraine. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Monday,...