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Another Bear Market Rally?

Another Bear Market Rally?

As the first quarter comes to a close, the S&P 500 Index is down 24% from the 2020 highs. For the Dow Jones Industrials, a historic quarter.  From MarketWatch.com:   How bad has it been for the U.S. stock market in the first three months of 2020?   In a word,...
89%!

89%!

We are ardent followers of the MACD indicator.  This is truly an amazing stat:  89% of S&P 500 stocks have now triggered a MACD buy signal: highest in history! A truly historic day we’ll tell our kids about – this *shattered* all prior historical...
Pfizer Lifting

Pfizer Lifting

Last Monday, as Pfizer’s 2020 flush reached 32%, the stock re tested a major support zone.  The $27.00-$28.00 area held the 2014/2015/2016 lows.  Last week’s low was $27.90.  Is another major low in place?  At mid day PFE is trading above last week’s...