Quick Hits for the Week of 10/30/22

SPY The S&P 500 was up over 6% this week, slicing through  the 380 level and closing over the 20 and 50 EMAs. It is very close to exceeding the recent September high of 389.31.   Bitcoin back above 20,000 On Tuesday, Bitcoin was finally able to break and hold above  20,000. Like the S&P … Read more

Quick Hits for the Week of 10/23/22

finviz heat map

The Death of the 60/40 Portfolio Is Greatly Exaggerated I’ve seen so many articles, and listened to so many podcasts this week about the death of the 60/40 portfolio (60% Equities / 40% Bonds). Now I’m not saying it’s right for everyone, however just taking a look at the past 12 months is not how … Read more

Quick Hits for the Week of 10/16/22 — You ain’t Seen Nothing Yet!

finviz heatmap

Weekly Market Report After some of the biggest intraday 6% swings in the market this week, the SPY closed down -3.07%. SPY closed at 357.63, below the June lows of 362.17, and below the 200 SMA of 359.15. That being said, we did close above the weekly low on Thursday morning of 348.11. Interest Rate … Read more

Quick Hits: for the Week of 10/9/22

finviz weekly heatmap

Weekly Market Report We started this month and quarter with a bang up over 5% Monday and Tuesday, then gave most of it back by the end of the week, ending +0.27%. Jobless Claims hit a 5 month low of 219,000. While this is good for those seeking jobs, it goes counter to the Fed’s … Read more

Quick Hits for the Week of 10/2/22

finviz heatmap week of october 2nd 2022

Weekly Market Report The Fed’s closely monitored Personal Consumption Expenditures price index rose 0.6% showing a continued rise in inflation. SPY lost -3.62%, trading under the 200 SMA. The S&P 500 volatility index as represented by the VIX was up over 14%. The 10 year and 2 year rates declined slightly, while the 30 year … Read more

Quick Hits for the Week of 9/25/22

Weekly Market Report The Fed told us what we expected to hear (+75 Bps) and SPY declined -4.21%. The Fear index as represented by VIX was up about 8.88% to levels not seen since June of this year. On Friday we briefly exceeded 32. The 2 year rate is now trading over 4% while the … Read more

Quick Hits for the Week of 9/18/22

Courage isn’t a matter of not being frightened. It’s being afraid and doing what you have to do anyway. Doctor Who (3rd Doctor) Weekly Market Report After the not so great CPI numbers (inflation) were reported this week, SPY declined -4.27%, closing with a bearish engulfing weekly candle, but is still trading above the weekly … Read more

Quick Hits for the Week of 9/11/22

🥑Let Us Help You Beat Stress! , Real Estate – Tread Carefully?, Market Reversal This Week – Is it here to stay?, 🔥Hot Trades – Bull Call Spread, Collectibles – Wizards Too Much & Cracking Collectors Box, Hot Morbius Collectible (Netflix), Health – Foods to Decrease Cortisol (Avocado) The best way to measure your investing … Read more

Quick Hits for the Week of 9/4/22

Weekly Market Report With SPY down -2.47% in the past week, below is a weekly view of SPY going back to 2017. We are still above the 200 day EMA (red line, 367) which is around the mid-June lows. GLD Seems to have bounced off the lows going back to June of 2020, and the … Read more

Quick Hits for the Week of 8/28/22

The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and behavioral discipline that are likely to get you where you want to go. Benjamin Graham The Fed this week signaled further rates hikes to slow consumption and tame … Read more