Weekly Movers

Breakout or Fakeout: What to Do in Range-Bound Markets

February 16th, 2023

Even as the major indices started 2023 with a bang – the best January performance in four years – the SPDR S&P 500 ETF (SPY) and Nasdaq 100 were up 9.2% and 13.1% respectively, there is a debate as to whether this just another bear market...

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1 Sector For A Market Rally, 1 For A Sell Off

February 16th, 2023

ETF Trade Watch The market sold off hard this morning after the PPI numbers were released, mudding the waters on whether or not the rally from yesterday and days prior is still in effect. On a 12-month basis, headline PPI increased 6%, still...

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This Is What I’m Seeing In The Market

February 15th, 2023

The S&P 500 (SPX) and Nasdaq Composite (COMPQ) were both down last week, which was not overly surprising given that the Nasdaq logged five consecutive weeks of gains heading into the week. Despite this correction, both indexes remain solidly in...

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