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Category Archives: Hot Stocks
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Record Highs Remain in Play The stock market showed ongoing strength last week as record highs were triggered into Thursday’s close following a summit between the United States and China. Friday’s pullback was a classic sell-the-news event as there were some solid developments but no major policy breakthroughs. The Nasdaq tagged a low […]
Bulls Extend Uptrend Channels on Fresh Highs The market stayed strong on Friday to cap another bullish week following a better-than-expected jobs report. Specifically, non-farm payrolls rose by 115,000 last month versus forecasts for a print of 60,000. The jobless rate held steady at 4.3%. The Nasdaq kissed a record peak of 26,248 while […]
Bulls Close April with a Bang Wall Street closed out April with a sharp V?shaped recovery, and action we predicted throughout March, by starting off May with another round of record highs. The Nasdaq and the S&P have scored double-digits gains off their March 30th lows with the current rally being driven by strong earnings. […]