Finance Roundtable

Finance Roundtable

The market forecasters and personal finance blogs complement the Economics Roundtable.

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Trader Mike


July 15, 2018, 4:42 pm, 1876120
The NYSE McClellan Oscillator flipped to black late in the week prior to the last, and usually that bodes well short term. Indeed that foreshadowed a nice week. TRADE WARS (tm)!!!! certainly seems like a "sell the rumor, buy the news" event. “Given the rhetoric over the past few weeks, ...


July 8, 2018, 3:31 pm, 1873828
Currently the action for short term traders is choppy and tricky. Those with a long term view still are in cruise control as they have been for years. The holiday shortened week saw most of the action Monday as a "gap down" was met with buying, ...


July 1, 2018, 5:30 pm, 1872095
In last week's recap we noted the NYSE McClellan Oscillator has been negative all that week, which was a caution flag for short term traders. Higher volatility and a downward skew did indeed follow. Monday and Wednesday were big down days, offset a bit by a moderate rally ...


June 24, 2018, 11:10 pm, 1870166
This was a second week of consolidation with generally good action in the Russell 2000 and NASDAQ. The S&P 500 and DJIA suffered a bit more as TRADE WARS!!!(tm) fear affect companies in those indexes more than the companies in the former 2 indexes. Quite a few "gap ups" ...


June 18, 2018, 5:51 am, 1868298
After two weeks of rallies, the S&P 500 mostly consolidated this week - except for Friday the action was very reminiscent of 2017 with almost no volatility at all intraday and modest gains or sideways action. Friday was the wrench in the mix, with a gap down to open ...


June 11, 2018, 5:50 am, 1866222
Last week was much like the ones we saw throughout 2017! Up, up, up nice and slow.... with little volatility. And new record highs. Market news was quiet in general despite "global trade tensions". Really ....it was difficult to find much market moving news! ...


June 4, 2018, 5:30 am, 1864185
After 2 weeks of low volatility, that variable was introduced back into the holiday shortened week! Another change from 2017 when almost every week was a low volatility week. That said, small caps (Russell 2000) and tech stocks held in quite well and we don't have any ...


May 28, 2018, 2:13 am, 1862037
The second week in a row of low volatility which is usually advantage bulls. Monday saw a nice spike up for indexes and then the other four days of the week the range was very narrow. Monday's rally was due to the lessening chance of TRADE WARS!!(tm): Treasury Secretary ...


May 21, 2018, 1:49 am, 1859641
This was a generally quiet week in the senior indexes, consolidating some of the prior week's move up. That said the Russell 2000 had some very nice action with a "breakout!". Otherwise pretty quiet on the news front except for TRADE WARS!(tm): On Thursday, several news outlets reported ...


May 13, 2018, 9:50 pm, 1856786
The indexes were looking a bit rocky the past few weeks, with a consolidation at lower levels with no real attempt at an upthrust -- but the rally late in the week certainly helped prospects. The bulk of weekly gains came Wednesday and Thursday but Thursday's move up ...