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  1. coolhand's Avatar

    Mixed, But Still Bullish - Posted by Coolhand

    by
    coolhand
    , 01-11-2021 at 04:54 PM (Coolhand's Market Analysis)
    Quote Originally Posted by coolhand View Post
    It was a negative day for the S&P 500 and a neutral day for the DWCPF. The action changed nothing.

    Market Talk-spx-png
    Market Talk-dwcpf-png

    Price remains quite elevated on both charts. Momentum is still pointed up.

    Market Talk-nyad-png

    Cumulative breadth fell a bit today, but remains bullish.

    It may be uncomfortable holding stocks for some folks right now, given current events, but the
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  2. tsptalk's Avatar

    TSP Talk: Stimulus trumps jobs loss

    by
    tsptalk
    , 01-11-2021 at 01:22 AM (TSP Talk Blog)
    We got the December jobs report before the opening bell on Friday and it came in much lighter than estimates, yet stocks opened higher, and closer higher, with a mid-day swoon in between. As we mentioned last week, it doesn't seem to matter if the news is good or bad, the bull are finding a reason to buy. The Dow ended the day with a gain of 57-points. Small caps were up slightly, and it was the S&P 500 and large tech in the Nasdaq that led on the upside.

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