Tag Archives for " SPX "

Missiles of September…No Worries??

The stock market blasted off last Monday after Hurricane Irma turned out to be a little less damaging than expected and North Korea did not launch their missiles of September program, over the weekend.  The rally continued a little less robustly into quad witching day on Friday.

The stock market was up on Friday even after North Korea launched another missile over Japan, around 5pm CT on Thursday. This was the second time in less than a month that North Korea launched a missile over Japan.  I’m sure the folks in Japan love hearing the sirens go off and worrying about a nuclear bomb dropping on their heads. Continue reading

August Selloff…Normal August Type Activity?

As I was working on a weekday market wrap video for my members the other day, I happen to have Jim Cramer’s Mad Money show on the TV…turned down low. I usually don’t watch the show, but this time I did over hear him talking about the August selloff.

He was basically telling people to relax, it’s August. The market is doing its August type of price action.  So it got me wondering… is having an August selloff, just normal August type action. Continue reading

No Santa Claus Rally Again This Year

The Santa Claus Rally in the stock market has typically been defined as a rally that occurs between Christmas and New Year’s Day.  Well that didn’t happen this year or last year or the year before.  

In December 2014 the S&P 500 (SPX) was down 1.1% then chopped up and down in January ending the month down 3.1%.

In December 2015 the SPX was down .84% then got whacked pretty good in January ending down 5.1%.  (at one point it was down 11.3%) Continue reading