by Bret Wilson | Dec 20, 2018 | Market Commentary
Christmas Scrooge As you might be aware, the Fed raised rates .25% yesterday just as they said they would. They also hinted that they would raise rates again in 2019 at least two more times. The market was hoping for something a little more dovish and when that didn’t...
by Bret Wilson | Dec 18, 2018 | Market Commentary
Fed Meeting Tomorrow Tomorrow the Fed meeting takes place and the outcome could have a significant impact on the stock market. In early 2016 the Fed backed off their hawkish stance and the S&P 500 rebounded and trended up into January of this year around 35% (See...
by Bret Wilson | Dec 6, 2018 | Market Commentary
As I mentioned in my last post, the current lows of the S&P 500 are still above the lows we saw last February. To begin a downtrend we would need to begin seeing lower lows and that has not happened so far. That could certainly still occur, and the probabilities...
by Bret Wilson | Nov 27, 2018 | Market Commentary
Consolidation or Higher Highs, Higher Lows? As I’ve mentioned before, there are times when the stock market goes through periods of consolidation, meaning that it moves sideways for a period of time. In the chart below this is illustrated in the time frame of...
by Bret Wilson | Aug 21, 2018 | Uncategorized
I closed my last post by writing that I thought there was more evidence to show that we have moved out of a long-term consolidation phase and into a long-term uptrend. Today we will look at information that supports that idea by first looking at The Value Line...
Recent Comments