Tom highlights why yesterday's technical action was so bullish and confirms his June market bottom call. He illustrates prior bear market bottoms and how yesterday's rally compares so favorably to those other bottoming structures. Tom takes a look at key relative strength ratios before addressing Meta Platform's (META) ugly quarterly report and the 3 You Must See.
Tom highlights the action from Monday and dispels the notion that gaps must fill on the benchmark S&P 500. He also discusses the current state of sentiment and how that might impact stock market action during the balance of 2022. After reviewing several reactions to earnings reports, Tom wr...
Tom discusses the latest rally in U.S. equities, including the corroborating signals provided by his key sustainability ratios. He points out important support and resistance levels as well. Tom breaks down the Accumulation Distribution Line (AD Line) and On Balance Volume (OBV) and shows you t...
Tom discusses the S&P 500 reversal on Monday at key price and moving average resistance and what it could mean short-term. Tom points out the strong NASDAQ 100 stocks - those leading since the June low - as well as those that have been lagging badly. After discussing a trio of earnings repo...
