The SPX is still in a nice bullish uptrend, with it staying above the rising 20 MA and 50 MA.
The Presidential election is still not 100% conclusive yet as President Trump still fights on. We will have to wait for Jan 6 where the electors will send their votes to congress.
With two slates of electors from swing states, if a representative and senator objects to the results, then a debate may follow. It may still be up to the representatives from 50 states that will decide who will become the next president.
If the Republicans and GOP stand firm together, it is likely that President Trump will have a 2nd term. That's because the Republicans control 27 out of 50 states.
May 05, 22 10:24 AM
What is the market doing and what is it likely to do?
Apr 27, 22 09:01 AM
As we enter April, will we continue to move higher or will there be a correction coming?
Apr 13, 22 11:46 PM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq.
Apr 12, 22 09:38 AM
Here are a list of stocks that are at their 50 MA and 200 MA. The 50 day moving average and 200 day moving average can be a support area where stocks bounce off
Apr 12, 22 09:34 AM
Here are a list of stocks that have broke out or about to break out. Breakout stocks can often give us a good reward to risk ratio.