Squeeze

Squeeze

The combination of an oversold market and good enough Facebook (FB) earnings may result in a squeeze higher Thursday. If we start to see a trend day higher, investors may pile in and shorts who have overstayed their welcome will…

AMZN Saves The Market

AMZN Saves The Market

The stock market got hit hard Thursday on the heels of Facebook’s (FB) terrible 4Q21 earnings report. The S&P was -2.44% and the NASDAQ -3.74% and the selling accelerated into the bell as investors feared a bad report from Amazon…

Bulls Win Again As Big Tech Shows Resilience, Bear Market Likely Deferred Until 2022, FOMO Plays For A Year End Rally

Bulls Win Again As Big Tech Shows Resilience, Bear Market Likely Deferred Until 2022, FOMO Plays For A Year End Rally

I got it wrong. Early Friday morning I asked “Is the bull market over?” and answered that – while no certainty was possible on such a question – I believed that in the wake of the negative reception to Apple…