Monthly Archives: November 2015

November 18, 2015

November 18, 2015 Digesting Before Thanksgiving Last Friday’s call for the end of the pullback phase was met with a lower low initially on Monday following the Paris terrorist attacks. However, European markets were resilient and that inspired a much … Continue reading

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November 13, 2015

November 13, 2015 A “Textbook” Pullback On November 5th (see archives) we said it was the end of the rally and that we were due for a pullback. We put the initial target support for the Dow at 17,300 and … Continue reading

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November 5, 2015

November 5, 2015 Earnings Season Ending We need to give kudos to earnings. Expectations were very low, and that had stocks moving up in October in anticipation that earnings would have to beat overall. Since October was so strong and … Continue reading

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October 27, 2015

October 27, 2015 Solid October Over the past week, earnings “in”spired the major indices to move up to, and slightly through their 200-day moving averages. We are seeing this move actually penetrate into the 7-month overhead supply, which should be … Continue reading

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