ALEXANDER TRADING WEEKLY UPDATE
Weekend Update 2023_12_03
Weekend Report for Monday, December 4 Bottom Line: The bull leg in the indices that began off the late October lows continued in the first day of December similar to how it left the last trading day of November - strongly up. I have expressed the thought for a couple...
Special Update_2023_11_30
US major stock indices are beginning to diverge away from the all-in buying ramp that began at the October lows. The current divergence between the DOW and NDX may be signaling a top of relative significance is forming, and breadth is also supportive of that idea. A...
Weekend Report_2023_11_26
Weekend Report for Monday, November 27 Bottom Line: From last weekend's Report: The SPX, NDX and DOW have formed minor Balance Areas and are likely to break sharply in Initiative fashion early next week. My guess is up, at least initially. If I am wrong and the break...
Weekend Report_2023_11_19
Weekend Report for Monday, November 20 Bottom Line: Remember it's a short, holiday week. Volume is likely to be very light and price action is likely to be volatile, but in short pockets around economic numbers. Fed minutes are released Wednesday. The indices remain...
Special Update_2023_11_14
Special Update_2023_11_14 Upside momentum exploded in Globex with the CPI print and it has carried over into the cash session. The bottom line is it is extremely likely we see new all-time highs in the NDX and SPX fairly soon. The DOW is not far behind and the RUT is...
Weekend Report_2023_11_12
Weekend Report for Monday, November 13 Bottom Line: From last weekend’s Report: Now, after the incredible ramp of last week, the indices are likely to become more two-sided. At this juncture I am expecting to see a series of higher highs and lows that include deeper...
Weekend Report_2023_11_05
Weekend Report_2023_11_05 Bottom Line: There were signs of a potential low in the US stock indices over the past couple of weeks. It can be helpful to review the conditions leading up to last week’s rally. Structurally, the indices were in vertical development from an...
Weekend Report_2023_10_29
Weekend Report_2023_10_29 Bottom Line: The current market environment is uncertain and likely to be volatile. This presents great opportunity, but it is also not the time to use large leverage. Could the US (and world) indices crash? Absolutely! But they could also...
Weekend Report_2023_10_22
Weekend Report for Monday, October 23 Bottom Line: The primary US trading indices are all just above critical intermediate-term levels. The SPX, NDX and DOW are just above their October lows. The RUT is just above its double bottom of June/October 2022. Therefore,...
Weekend Report_2023_10_15
Weekend Report for Sunday, October 15 Bottom Line: Most traders aren’t going to want to hear this, but the obvious exogenous events are having and will continue to have an enormous impact on ALL markets. The element of potential “randomness” could not be higher. You...