• 658 days Will The ECB Continue To Hike Rates?
  • 658 days Forbes: Aramco Remains Largest Company In The Middle East
  • 660 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,059 days Could Crypto Overtake Traditional Investment?
  • 1,064 days Americans Still Quitting Jobs At Record Pace
  • 1,066 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,069 days Is The Dollar Too Strong?
  • 1,070 days Big Tech Disappoints Investors on Earnings Calls
  • 1,070 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,072 days China Is Quietly Trying To Distance Itself From Russia
  • 1,072 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,076 days Crypto Investors Won Big In 2021
  • 1,077 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,077 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,080 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,080 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,083 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,084 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,084 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,086 days Are NFTs About To Take Over Gaming?
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

  1. Home
  2. Markets
  3. Other

Pay Attention to the Next Few Weeks

The next couple of weeks will tell a story. Were the July/August and December/February down-legs the first part of a much larger correction or just a minor correction en-route to much higher prices?

Peak prices in most markets was in the spring/summer of last year.

Dow, Transports, NASDAQ, S&P500 and Russell 2000 Weekly Charts from January 1, 2015

The Dow Industrials and S&P 500 have recovered better than the Dow Transports, NASDAQ and the Russell 2000.

You can watch Doha, the price of crude, interest rates and blubberings from central banks if you are a trader, but they have nothing to do will the long term market. The indices making new highs, or not, will tell the longer term direction. Watching 18,312 on the Dow is a good start.

Dow Jones Industrial Average Daily Chart from January 1,2015 to Date

Sell in May and go away? We'll soon see.

 

Back to homepage

Leave a comment

Leave a comment