Monthly Archives: January 2023

The next Fed meeting is Tuesday-Wednesday, and the big question as always is not whether they hike or how much, but how will the S&P 500 react. As you can see from the previous meetings on the chart above, this … Continue reading →

I’ve been getting more bearish lately as it feels like the upward momentum has been fading. My calls for an end of year drop on Dec 4: https://johnonstocks.wordpress.com/2022/12/04/preparing-for-an-end-of-year-drop/ followed by a New Year’s rally on Dec 24: https://johnonstocks.wordpress.com/2022/12/24/new-years-rally/ have both … Continue reading →

The big news of the week was the CPI number release, which continued on it’s downward trend, carving out a peak in June 2022. Here’s an interesting chart for overall reference on that statistic. Over the last hundred years, the … Continue reading →

I didn’t actually do any trading last week. I still favor the January bounce idea that I posted about here: https://johnonstocks.wordpress.com/2022/12/24/new-years-rally/ Here’s an updated chart: I actually think we have a good shot of breaking past the overlapping 200 DMA … Continue reading →