Category Archives: Hot Stocks

The major indexes were mixed last week after showing heightened volatility following the release of key economic news on employment and inflation. Wednesday’s midday lows held crucial support levels across the board with Friday’s strong rebound keeping hopes alive for a possible Santa rally. The Nasdaq closed on its session high of 23,307 (1.3%). Resistance […]

Upcoming Jobs and Inflation Reports Could Sway Momentum   The stock market pulled back from fresh all-time and monthly highs on Friday as the bulls and bears split the week. Tech and the broader indexes pulled back while the blue-chips and small-caps got weekly wins.   This week could be just as exciting with key […]

Bears Crack 50-Day MA’s    The major indexes tested backup support levels to close out last week with the Nasdaq and the S&P holding their 50-day moving averages on Friday. The intraday reversal also eased volatility which had spiked above key resistance as the market was hitting fresh monthly lows.   The Nasdaq traded down […]