Tidbits

On Friday, January 3, 2025, U.S. stock markets experienced a notable rebound, breaking a five-day losing streak.

Following the U.S. presidential election on November 5, 2024, where Donald Trump secured victory, U.S. stock markets experienced a significant surge.

The concept of a "Santa Claus Rally" refers to a historical trend where stock markets often experience gains during the end-of-year holiday period.

It looks like the sharp market decline could be "panic selling," highlighting a significant surge in the CBOE Volatility Index (VIX), which jumped significantly (74%)—the second-largest increase on record.

The Federal Reserve reduced its benchmark federal funds rate by 25 basis points, bringing it to a range of 4.25% to 4.5%. This marks the third consecutive rate cut this year.

Today’s market session was relatively subdued, as investors await the Federal Reserve's statement on December 18th.

The prevailing market trend should guide your trading strategy. Avoid short positions during a bullish market, as upward momentum typically prevails.

For the trading week from December 2 to December 6, 2024, here is my analysis of the major U.S. indices:

TeraWulf Inc. (WULF) experienced a significant price increase, closing up over 11% for the day. The stock traded approximately 23 million shares.

On December 3, 2024, U.S. stock indices showed mixed performance with notable variations in trading volume, market sentiment, and high-low patterns.

Although it doesn't often make headlines in financial news, today's job openings are an important metric closely monitored by the Federal Reserve.

On Friday, November 22nd "I wrote a November 29th, $78 covered call on Upstart on shares that I own and took in $1.80 on. If you're not experienced in this area, you should not consider doing this."

The current bull market remains intact. But there could be potholes in the future. The Dow Jones Industrial Average, S&P 500, NASDAQ, and Russell 2000 all posted gains, with the Russell 2000 leading the way, recording the largest percentage gain of the day.

The spotlight this week is firmly on Nvidia's earnings. I expect the company to surpass expectations in both sequential revenue and earnings.

All markets took the proverbial beating last week! What's worse is I don’t believe it is over yet. Volume picked up on all exchanges last week.

Today, the markets showed exceptional strength, with a broad-based rally across multiple sectors and robust trading volumes. It’s encouraging to see such widespread participation, indicating strong investor confidence.

Yesterday's rally was part of a relief rally, driven by easing uncertainty, and part Trump rally. Call it what you will, but it was a thunderous move across all exchanges.

All the markets we follow took it on at chin last week, as you'll notice by the charts below. The S&P 500 was down 108 points or 1.85%.

Yesterday, all the markets took a hit as buyers disappeared into the close. The seasonal volatility I’ve mentioned over the past several weeks has now arrived. The current volatility is occurring for several reasons, the most notable being the upcoming election.

I have been saying for a while to proceed with caution. The market was setting new highs on light volume, which is never good!

Stocks were down across the board yesterday as a rise in bond yields, and the dollar is the recent culprit that created selling in all exchanges.

All markets today were weighed down by rising bond yields, particularly the small-cap Russell 2000.

All indexes continued their forward momentum. Volume picked up slightly on the S&P500, while the Small Cap Russell saw impressive volume on Tuesday.

Before I talk about Upstart, let’s talk about the overall market today. All indexes, as you see, had very nice gains again today.

All indexes set new highs for the week ending 10/11/24. I am surprised, to say the least. Volume on both the S&P 500 and the NASDAQ Composite was extremely light.

All indexes we follow closed down today: S&P 500 5,695.94 down -0.96%, the NASDAQ down 41,954.24 -1.18%, and the Russell 2000 (2,193 -0.89%).

None of the markets I have been speaking about have gone anywhere since I called the short term top in the market in July.

If you are listening to CNBC or Bloomberg (as I have recently), you would think there is going to be a recession because the market has stalled since the Federal Reserve cut rates last week.

Upstart's $375 million convertible debt offering, scheduled to close on September 19, 2024, has an initial conversion price of approximately $45.66 per share.

The Federal Reserve cut interest rates by 50 basis points Wednesday. Here was the S&P 500 and the NASDAQ Comp. reaction.

Sometimes the stock market does not make sense. We are currently in that type of situation. Both the NASDAQ and the S&P 500 are up a smidge thus far this week.

Wow, what a week of stock market gains! The S&P 500 was up 3.12%, the NASDAQ Comp was up an impressive 4.91%, and the Small Cap Russell was up almost 4%.

The NASDAQ and S&P 500 both posted gains of 1.16%. Meanwhile, the Small Cap Russell 2000 posted a small increase of .30%.

All the indexes we wrote about took a beating. The NASDAQ was down 5.21%, the S&P 500 was down 3.6%, and the small-cap Russell 2000 was down 5.53%!

The action Wednesday was subdued at best. Both the S&P 500 and the NASDAQ posted tiny losses and the small cap index did the same.

The S&P 500, NASDAQ, and Small Cap Russell 2000 took an old-fashioned butt whipping today. Volume picked up from Friday on the S&P 500; the NASDAQ volume was about the same as Friday. And the Small Cap Russell 2000 just got beat up.

Nvidia posted earnings yesterday, and my thoughts proved true: this is a sell-on earnings quarter.

The S&P 500 and the NASDAQ have been limping higher over the past 2 weeks. The last decent up-volume day was about 2 weeks ago.

The market waited for the Federal Reserve to speak on Friday. The S&P 500 +1.05%, NASDAQ +1.08%, and Small Cap Russell 2000+ 3.19% in weekly gains, while the volume was subdued.

The recent 8-day rally has been impressive by the numbers. Today, the winning streak was snapped. But don't be fooled.

The week of August 12th–15th was a great week for stocks.  The S&P 500 closed the week with a gain of 3.65%, the NASDAQ with a gain of 4.91%.

The NASDAQ and S&P 500 posted nice gains today, with both markets closing at session highs.  Both indexes are closing in on the high numbers I mentioned.

As I mentioned in my bio and our mission about the truth, we will attempt to educate you, temper your fear, and neutralize the anxiety the news can create.

The markets had a great week. The S&P 500 started the week at approximately 5,150 and closed at 5,344, a gain of approximately 3.7%. Buy-side volume was not impressive on Thursday and dismal on Friday.

Chicken Little above says the sky is falling. While most realize that isn’t true, I do not expect a market crash.

The NASDAQ gave back all its previous day's gains and more and closed down 405 points to 17,194 and the S&P 500 did the same, closing down 75 points to 5,466.

The NASDAQ and the S&P 500 closed with solid gains if you’re looking at the market from the outside.

Two weeks ago, the NASDAQ was 18,429 and the S&P 500 was 5,576. I wrote that it was a good time to take profits.

I warned you 2 weeks ago that this correction was coming. The S&P 500 took an absolute beating.

I recommended in a post a few weeks ago that when Tesla was 262.00 dollars, it was a good idea to get out. As I write, their earnings came in.

This was a brutal week for all exchanges! This is just the beginning of what I predicted a few weeks ago. THE MARKET CORRECTION HAS BEGUN.

The big-cap tech took a beating yesterday, closing down 512 points, or 2,77%. Volume increased approximately 25% to the downside; that’s not a good sign.

Yesterday the S&P 500 was up .28% to 5631 the NASDAQ was up.40% to 18,472 and the small cap 2000 ROARED AHEAD up 1.80% more than triple any of the other averages mentioned.

Second quarter earning season is upon us and this is what I expect.  I believe you there will be quite a bit of buy on the rumor sell before or on the news. 

n Friday both the NASDAQ and S&P 500 recouped some of their losses from the day before. 

If the Federal Reserve does not lower interest rates by September, I anticipate problems in the economy, which means troubles in the market. 

Honestly, I didn’t expect what I wrote yesterday to come to fruition so quickly.

The S&P 500 closed today at a new record high of 5,576.98, while the NASDAQ also notched a new high of 18429.29.