Market in a Range The S&P 500 climbed almost 1% today to close at 2021.25 which was up 19.09. This occurred after an initial drop in the market before recovering in the last half of the day. We can see from the chart below that the market has been trading in a range for the month of January. Today it tested the support around 2000 for the third time. The S&P touched around 2075 two separate times as a resistance. Right now, we are looking at a potential triple bottom […]

This is the first time for this year that we are entering “Earnings Season.” Each quarter we experience this. Most companies run their business based off the calendar, where they start the year January 1st and end on December 31st. Their quarters would end on March 31st, June 30th, September 30th, and December 31st. Usually companies need 3-5 weeks to gather all the information together to report their earnings for the prior quarter. This earnings season is reporting for the last quarter of the year ending in 2014. Every company […]