Blog posts of '2023' 'August'

Markets have rallied over +28% since hitting their market lows in October 2022.  Following market movements daily to weekly provides a lot of insight into the near-term and immediate trends in the market.  And the current trend has been upward, with investors catching on to the FOMO train.  While th...

Since our last blog in early July, markets have been pushing higher to where the S&P 500 closed today at ~4518. When we posted back in July, we noted a few buy-the-dip phases after breaking above the previous resistance at 4311. On 6/20/23 and 7/3/23, we saw FOMO kick into gear with the dip-buying c...