Daily Archives: August 3, 2020

Just Who is Buying the Big Tech Stocks Over and Over and Again?

The stock market is up this morning on “start of the month” buying for pension funds and other large financial institutions. The S&P 500 did manage to close above resistance (red line in the chart below). However, it is struggling … Continue reading

Posted in Central Bank Insanity | Comments Off on Just Who is Buying the Big Tech Stocks Over and Over and Again?

Can Tech Continue to Drag the Rest of the Market Higher?

The stock market is up this morning on “start of the month” buying for pension funds and other large financial institutions. The S&P 500 did manage to close above resistance (red line in the chart below). However, it is struggling … Continue reading

Posted in Central Bank Insanity | Comments Off on Can Tech Continue to Drag the Rest of the Market Higher?

Why Do the Same Stocks Keep Rallying Day after Day like Clockwork?

The stock market is up this morning on “start of the month” buying for pension funds and other large financial institutions. The S&P 500 did manage to close above resistance (red line in the chart below). However, it is struggling … Continue reading

Posted in Central Bank Insanity | Comments Off on Why Do the Same Stocks Keep Rallying Day after Day like Clockwork?