Read why Larry Connors believes the “shrugging off” of the continuous bad news about the economy and especially the lack of job growth is very encouraging.
The Next Stage of the 2009-2010 Bull Market
Previously, we published a four- part series on the making of a bull market. Now that the market has risen significantly since that series was published, today let’s look at what the next stage of this bull market could potentially bring.
Rally Knocked Flat, Bernanke Says Low Rates, Dollar Climbs
An earnings-driven rally was knocked flat by a strong dollar and commodity share based selling. The bulls were in control until the selling sent the market to a mixed close on the day.
Rates Staying Low, Home Sales Best, Stocks Surge
The stock market bulls took full control for the second day this week. Existing home sales falling less than expected and growing demand for computer chips further powered stocks higher.
Health Bill Passes, Stocks Climb, Greece Still Worried
Obama’s sweeping health care reform measures were passed by the house. Stocks reacted by rallying, after an early morning sell off, despite dire warnings from the bill’s critics.
Stocks Fight Higher, Budget Gap Grows, Employment Improves
Stocks ended the session in positive territory after flirting with breakeven for most of the trading day. Here’s a recap of the day’s market action.
Happy Anniversary Bulls, European Union Urges, Stocks Higher
The stock market bulls celebrated with a higher close on the one year anniversary of the current run away bull market.
Finding the Best ETFs and Momentum Stocks to Trade in a Bull Market
Trying to find the best opportunities to trade in a bull market? Here are a few pullback strategies we’ve taught over the years that can be applied to ETFs and momentum stocks.
The Making of a New Bull Market, Part 4
Larry Connors concludes his series on how to identify when a bear market is transitioning to a bull market. Market behavior often repeats itself and these 9 rules have repeated themselves for 7 consecutive bear markets since 1981.
The Making of a New Bull Market, Part 3
In the last two trading lessons, we looked at the past 7 bull markets since 1982 and the common characteristics of these bear-to-bull market transitions. Today, Larry Connors continues his in depth analysis of the 8 common themes of most new bull markets.