The bulls made progress and now have a decent chance to take the market up to the 50 simple moving average (SMA). The million dollar question is whether this is a rally or the beginning of a reversal. We’ll … Read more

  We hope everyone had a great Thanksgiving and had a chance to take a break from the charts. The market closes early on Friday due to shortened holiday market hours. The bulls appear to have a chance to take … Read more

  Major economic reports are taking place on Wednesday. The first report is Initial Jobless Claims at 8:30 a.m. Eastern, followed by the Purchasing Managers Index (PMI) at 9:45 a.m. Eastern. The University of Michigan (UMICH) Consumer Sentiment Index is … Read more