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Showing posts from 2019

The Last Market Comment

That's All Folks

This is the end, after ten years of writing the Market Comment, I have lost interest in educating the public about technical analysis. It takes hours of me sitting at a screen that neither improves my personal position or my health. I am also giving up much of my other online screen time, less movies, fewer emails, less social media and spending more time out of a chair in general, less wasted time and more in person interaction with people -- I urge everyone to do the same.

I hope I have been of some use to a few of you. I still will rant and rave in my CME4PIF thoughts blog, I just don't want to write a weekly commitment.

The blog began as a way to settle a few arguments I have had with people that the markets can be tamed and that it is not gambling -- if you do your homework. I think I have achieved that goal. 

Thank you for all the nice emails and comments I have received over the years. I hope you have a prosperous and successful time trading the…

April 27, 2019 – THE LAST Weekend Market Comment

April 27, 2019 – Welcome to the last Market Comment, scroll down to the end for details. 

The S&P 500 and Nasdaq Composite closed at record highs on Friday as better-than-expected economic data offset a mixed batch of corporate earnings.

The S&P 500 climbed 0.5% to 2,939.88, an all-time closing high. The tech-heavy Nasdaq ended the day up 0.3% at 8,146.40. The Dow Jones Industrial Average rose 81.25 points to 26,543.33 and closed 1.5% below its all-time high.

First-quarter gross domestic product was 3.2%, the Commerce Department said on Friday, topping the consensus economist estimate of 2.5%, according to Dow Jones. An increase in exports drove the better-than-expected number.

100 Series: In Market? Aggressive or Defensive?   
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