Weekend Strategy Review June 4, 2023
Posted by OMS at Jun
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Weekend Strategy Review May 28, 2023
Posted by OMS at May
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Weekend Strategy Review May 21, 2023
Posted by OMS at May
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Weekend Strategy Review May 14, 2023
Posted by OMS at May
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Weekend Strategy Review May 7, 2023
Posted by OMS at May
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Weekend Strategy Review April 30, 2023
Posted by OMS at Apr
Stocks rose sharply on Thursday and continued higher into Friday. The Dow gained 792 points in those two days, reversing the losses from the sideways trading of the previous two weeks. On 13 April, the Dow was trading at 34,029. On Friday, the Dow closed at 34,098. It appears that Wave ‘d’ down ended with […]
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Weekend Strategy Review April 23, 2023
Posted by OMS at Apr
Stocks continued to trade sideways on Friday, not doing much of anything. The only thing I did notice was that two of the breadth indicators that make up The Tide turned negative, so overall The Tide has turned neutral. The reason I’m leading off by mentioning these two indicators is because it takes a lot […]
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Weekend Strategy Review April 16, 2023
Posted by OMS at Apr
After an early pop, stocks pulled back hard and then rallied into the close. The Dow finished with a loss of 38 points, closing at 33,886. The NASDAQ and S&P were down 43 and 9 points, respectively. Volume on the NYSE was moderate, coming in at 90 percent of its 10-day moving average. There were 46 […]
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Weekend Strategy Review March 26, 2023
Posted by OMS at Mar
Stocks were higher yesterday in choppy trading. The Dow finished with a gain of 132 points, closing at 32,227. The large cap index hit a low of 31,808 in the morning before bouncing. The NASDAQ and S&P were up 37 and 22 points, respectively. Volume on the NYSE was the lightest of the week, coming […]
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Weekend Strategy Review March 19, 2023
Posted by OMS at Mar
Stocks fell sharply on Friday, on strong volume associated with the expiration of options. The Dow finished with a loss of 385 points, closing at 31,861. The NASDAQ and S&P were down 87 and 44 points, respectively. There were 13 new highs and 199 new lows. In Thursday’s Comments, I mentioned how the Dow was […]
Category: ', Professor's Comments, Weekend Strategy Review