Stimulus hopes before the election fade away and investors are dumping stocks (but wait, they will be buying it back like crazy when the hopes renew after the election)… A good start on vaccine hopes diminished on the stimulus failed hopes. But who knows what the hopes are. It is all that media make always Continue reading →
Cup and handle in making?
As expected, the market topped in a parabolic run-up a few days ago and retreated. It is possibly creating a cup and handle formation and if completed and correct, we may expect another leg up: Cup and handle and all charting is not an exact science. But if we take into account what Continue reading →
Did the market sprint to finish today?
The stock market can be compared to a sprint in athletics. When runners are running they run at a constant speed but as the finish line nears they start adding speed and take their reserves of energy to sprint faster to the finish line. Yesterday, the market started showing the signs of a Continue reading →
Another parabolic craziness
The stock market, fuelled by hopes and wishes about more stimulus and more free money poured into the system, is going crazy. And the market loves free money and wants more of it. As a dividend growth investor, I do not mind this behavior. There are still companies that are undervalued even in Continue reading →
Looks like the correction is over… boys are chasing the market up again…
If you were waiting for lower prices and wanted to buy in, do it quickly otherwise you just missed the boat. It seems, the 10% correction is over and we are heading up again. Not because anything has changed or the economy improved over Saturday and Sunday, but because the market players just had their Continue reading →
The market keeps struggling, but it’s good folks!
The market struggles to find the ground. A few bounce attempts failed. We are currently down -1.56% and it seems we are heading towards 200 DMA. But this is ultimately a good thing, providing this market with a much needed correction. We rallied up hard with no break or pullbacks and we need Continue reading →
Recent Comments