Watching Wells

Watching Wells

Wells Fargo is setting up for a fresh rally leg. Wells Fargo is spending more time above the 200 day moving average of late. Its been over a year since the stock closed out a week above this long term indicator. With today’s nice gain WFC is heading for its...
After Two Quarter Cuts

After Two Quarter Cuts

The Federal Reserve has begun a new easing cycle with two 25 basis rate cuts. This has proven to be quite bullish for stocks. The last five similar cycles proceeded to big moves in the S&P 500 Index. On average, +9.7% six months later, +16.7% one year later. Hat...