Wait and See, the Rally Pauses
It wasn't that surprising to see the S&P 500 and other indexes pause after having a powerful three-day rally. I have been mentioning that a realistic target for the
Warning, Selling Pressure Ahead
The rally that started on Wednesday May/25 has gained 216 points already (taking as reference the closing price of May/24). We will have an abbreviated trading week in observance of Memorial
Two-day Rally, Yesterday the Fed, today Retailers
There were good news from retailers today, Dollar Tree (DLTR) posted gains of 21.87% and Macy's (M) 19.31%. That seems to have been interpreted by the Market as a
FOMC Relief, will the Market Rally?
The main indexes finally got a break courtesy of the Fed, the May 3-4 FOMC minutes were released today and they hint that the Fed won't necessarily need to turn more
Bears don't Care the Market is Overdue for a Rally
Yesterday there was some hope that the Market could at least have a reaction rally and from my estimates, a target between 4,100 and 4,200 seemed reasonable. The Bears don'