Chris Ciovacco
Articles by Chris Ciovacco
Ultimatum Reported By Reuters via TelegraphThe following information was posted on telegraph.co.uk this morning:There are a lot of moving parts to any geopolitical crisis, and thus, things can change quickly and dramatically....
The Bears Had A Nice Set-UpIn late January/early February, economic fundamentals were looking shaky. The text below comes from a February 3 Reuters article:U.S. manufacturing activity slowed sharply in January on the back of the...
Simple Support And ResistanceThursday’s new all-time closing high on the S&P 500 is relevant from a support and resistance perspective. The previous all-time closing high of 1,848 was printed January 15.Between January 15 and February...
Concerns Ease On Housing FrontInvestors have been worried about slowing economic growth coupled with tapering from the Fed. While one report does not make a trend, Wednesday’s data on housing gave the stock market bulls a reason to remain...
Deals At Home Spark Monday GainsIf you did not follow the markets Monday, a fair question would be what caused the tone to improve. M&A news is the answer. From The Wall Street Journal:“Deals, more deals, higher prices for the...
Specific Answers Can Have Positive Impact On Net WorthWeekends are a good time to address areas of vulnerability in your investment strategy. Many investors toss and turn at night worrying about wealth-destroying bear markets or...
Bulls Get Good Manufacturing ReportOn Wednesday, we noted stock market bulls needed some good economic news. They got it Thursday. From Bloomberg:U.S. stocks rose as a better-than-forecast report on manufacturing tempered concern...
Slow Growth Still A ConcernWhile Janet Yellen signaled last week the Fed’s taper game plan was still in place, recent economic data has the markets thinking a taper pause could be seen later in 2014. The terms “inadequate demand” and “slow...
Pay Attention, Then Adjust As NeededTuesday’s gain of 19 points in the S&P 500 is a good example of markets showing observable improvement before a big move arrives. The title of last Friday’s article, “Improving Profile More...
Market’s Reaction Key For Stocks, Bonds, & GoldIf you were wondering why the financial markets were trading in a tentative range for most of Monday’s session, the tweet below provides the answer.Taper Or Low Rates?If the market is...