Good morning. Happy Wednesday. Leavitt Brothers is offering a membership special right now ->> buy an annual membership, get a free month. It averages out to about $38.50 per month – a great deal considering the quality and quantity of stocks picks we offer…not to mention our during-trading-hours and after-trading-hours analysis. To sign up, click […]

Good morning. Happy Tuesday. We entered yesterday with me thinking either a big down day or a couple grinding down days were needed to allow the overbought indicators to pull back and the charts to reset. But it wasn’t to be. A big gap up was bought, and it became obvious early the odds of […]

Good morning. Happy Monday. Hope you had a nice weekend. Last week the market rallied into and out of the FOMC meeting but then sold off Thursday and Friday. SPX 800 proved to be a tough level to overcome. That’s ok. The market needed to rest. Besides resistance levels coming into play on all the […]

Good morning. Happy Friday. Happy Quadruple Witching. Today, the following contracts expire: stock index futures, stock index options, stock options and single stock futures. Two things played out yesterday. Resistance at SPX 800 was too stiff to overcome. The level was approached on Wednesday after the FOMC and then again at yesterday’s open. The index […]

Good morning. Happy Thursday. A big black hole in America starts today as many people spend more time following the NCAA tourney than working. Good luck with your brackets. The Fed has spoken. They essentially said they’re going to “print” all the money needed to buy up all the crap necessary to lighten the load […]

Good morning. Happy Wednesday. Happy Fed Day. Today the FOMC is supposed to decide and announce what their target overnight rate is, but since they’re already pegged it between – and one-quarter percent, there is no suspense. This should be a nonevent, but you never know. They may say something unexpected in their statement. Strong […]

Good morning. Happy Tuesday. We headed into this new week with the market being a little stretched to the upside and in need of some give back, and that’s exactly what we got yesterday. After pushing to a new high midday (to sucker in new longs and cause some shorts to panic), the market sold […]

Good morning. Happy Monday. Hope you had a nice weekend. After 4 consecutive up days, the market ended last week near its intraweek high and at the high of March. The last 4-day win streak occurred in late January – the market followed with two solid down days. Before that was late December – the […]