Tom discusses the significance of Thursday's huge afternoon rally as Fed Chief Powell turned a bit more dovish. He highlights the rotation back into more growth-oriented areas and what that could mean for U.S. equities as we close out 2022 and move into 2023. He wraps up the show with a few key earnings and the 3 You Must See.
Tom reviews both the S&P 500 and NASDAQ 100, identifying the critical areas of support that he's watching. He then breaks down the underperforming communication services sector, particularly the internet industry, before wrapping up the show with a key earnings report this afternoon and the 3 Yo...
Tom discusses the current back-and-forth action, providing key levels of support and resistance on the S&P 500 and NASDAQ. He then explores the industry group leadership since the Q4 rally began. Tom shares a little-known secret about the StockCharts Technical Rank (SCTR), before wrapping up the...
Tom discusses Wednesday's action and the possible impact of options expiration week, sending prices lower. Sentiment, as Tom points out, has reset from earlier this year, and could prompt a massive rally ahead. After reviewing a few earnings reports, Tom wraps up the show with the 3 You Must See.
