Jason Ruchel

The SPX closed higher for the week by +1.4% to register the first closing week above the 5000 level ever. The momentum in Tech being a driving factor continues to lift the index to new highs as earnings season winds down and the continued chase for outperformance from...

The SPX closed higher for the week by +1.4% after being lower midweek but nearly that amount but reversing back to fresh all-time highs after blowout Tech earnings, albeit coming on Friday with weak breadth overall and not a very convincing number of sectors...

The SPX closed higher for the week by +1% as strength continues to see dips get bought and likely close the month of January on a positive note, boding well for the rest of the year statistically. The SPX has held above its 8-day EMA the past week and now nearly...

The SPX closed higher for the week by +1.2% at 4840 and all coming in the final two days of the week after the early pullback held support at the 21-day EMA of 4725. All time highs are never bearish, so this is a strong signal for the continuation of this bull market...

The SPX closed higher for the week by +1.8% and closed at a new weekly closing all-time high after seeing a perfect rebound off the 21-day EMA we were looking for last week. The SPX 4800 big wall of resistance continues to hold tough, and the market is running out of...

The SPX closed lower for the first week in over 2 months after a holiday shortened week saw prices pullback to the 21 EMA near 4700 for a much overdue but healthy retracement after the recent RSI bearish divergence, we mentioned last week played out. SPX is still in a...

The SPX closed higher by +0.32% for the week and clinched a 9th straight positive week for the first time since 1985. The new year starts at extended levels and just below the all-time highs of 4818 that have still yet to be cleared. The first two trading days of the...

The SPX closed at +1.0% for the week and now clinching an 8th straight positive week showing the breadth of this rally expanding and sustaining into year end as seasonality plays out as expected with funds chasing performance into highs. The minor dip midweek looked...

The SPX closed at +2.5% for the week with many other sectors surpassing these returns including the small cap Russell index gaining as much as +7% in just the final 3 days of the week. The SPX saw a fervor of upside volume on the new high Thursday which also happened...

The SPX closed +0.25% eking out a slight gain for the week after the strong Friday rally post Jobs report secured the 6th straight positive week, the first time that has happened since late 2019. SPX closed just above the key 4600 round number level also to finish at...