Last week, this current leg of the bull market extended further pushing the S&P 500 & Nasdaq indices to capture multiple new all-time highs, while the Dow retreated by about 0.50%. The catalysts that led to the market’s thrust higher were last week’s CPI &...
After ACGL's recent 52-Week highs, the stock pulled back to the middle Keltner Channel allowing the stock to take a breather. To close out last week ACGL began to rally off the middle channel and looks poised to trade higher and capture new highs....
This past week investors saw the market extend its rally with both the S&P 500 & Nasdaq indices making numerous new all-time highs. Most of the week’s gains were concentrated in the largest mega-cap stocks, particularly Nvidia Corp. Despite the overwhelming...
Last week we saw each of the three major indices make new all-time highs, including new all-time closing highs for the S&P 500 & Nasdaq.Despite the new all-time highs, only 2 of 11 S&P 500 sectors finished the week higher. The strength in markets was...
After Texas Roadhouse's recent stellar results, this sets the stock up well over the short-term. We see TXRH continuing to display strength among a group of resilient restaurant stocks and we want to take a position that will allow us to benefit should the stock...
This past week served as further proof that currently the bulls are still in charge of this market as we saw each of the three major averages make numerous new all-time highs, including the Dow Jones closing above 40K for the first time ever. This bullish surge in the...
As long as Novo Nordisk continues to deliver on the lofty expectations that investors have for their new GLP-1 drugs, NVO shares should continue to book nice gains. Watch this week's video to see how we are looking to play the current setup for Novo Nordisk....
Last week investors continued to have questions answered and uncertainties removed, which acted as a positive catalyst for the markets. Largely investors just wanted to get last week’s Fed meeting out of the way but it turned into a positive when Fed Chair Powell...
After recently posting a stellar earnings report, GOOGL stock has some strong momentum behind it. The technicals for the stock suggest that it is primed to continue to trade higher from here. Watch our video to see how we would trade this setup....
If inflation continues to remain stubborn and we remain in the higher rates for longer environment, the large cap banks like Wells Fargo stand to benefit from earning higher net interest income. Wells Fargo recently reported a solid earnings quarter and it is our...