Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

Bulls Hold the Line – What Comes Next?

by January 7, 2023
January 7, 2023
Bulls Hold the Line – What Comes Next?

We’re through the first week of January and, even though the bulls don’t have that much to brag about yet, they did manage to hold the line, with the market staging a nice rally into Friday’s close. In fact, as you can see below, the S&P closed back above its 20 day moving average for the first time since mid December, even challenging its 50-day before settling down in between.

Friday’s solid rally came on the heels of the jobs report showing wages have slowed, giving the bulls hope that the Fed will be less aggressive when it next announces a rate increase. But while the Dow finished the week above all of its key moving averages, and the S&P made some progress, the tech-heavy NASDAQ continues to lag, which is going to make it tough for the overall market to hold its gains unless it joins the party.

All leading to the question…what comes next? And it’s a great question to ask! Plus, the timing couldn’t be better, as we will be conducting a FREE, highly educational webinar, “Market Vision 2023”, this Saturday, January 7 starting at 9am Eastern Time. This webinar will feature our Chief Market Strategist Tom Bowley, who will be joined by StockCharts.com‘s Julius de Kempenaer, Grayson Roze, and David Keller. Quite the all-star lineup! To learn more about Saturday’s event and to save a seat, just click here.

2022 was a year a lot of traders would just as soon forget. But, as usual, there is nothing we can do about the past. However, we can always learn from the past as we get ready to navigate another year. Hope you can join us Saturday!

At your service,

John Hopkins

EarningsBeats.com

0
FacebookTwitterGoogle +Pinterest
previous post
Ron DeSantis activates National Guard amid migrant surge in Florida Keys
next post
Wisconsin Republican blasts Gaetz for ‘dragging’ speaker fight out for ‘fundraising’

You may also like

The Bull Case–Why We’re Likely to See Stocks...

April 15, 2023

Can Small and Mid-Caps Save the Market?

July 23, 2024

Stay Ahead: Key Sentiment Indicators to Track in...

October 14, 2024

The Battle for Burgerdom: McDonald’s, Jack in the...

April 19, 2023

Analysts are Bearish While Risk-On Explodes!

May 17, 2023

Week Ahead: NIFTY Needs To Move Past This...

December 10, 2022

Indexes Masked by Mega Tech

May 13, 2023

DP Trading Room: Use a Price Momentum Oscillator...

March 18, 2024

The Battle Against Inflation May Have Only Just...

December 15, 2022

NOW Is The Time To Add This Industry...

November 15, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Your Weekly Stock Market Snapshot: What It Means for Your Investments

      June 6, 2025
    • Getting It Half-Baked: The Real Cause of Cannabis Market Failures

      June 6, 2025
    • I Shot the Tariff (But I Swear It Was in Self-Defense)

      June 6, 2025
    • Mike Johnson says he hopes Trump, Musk ‘reconcile’ amid ongoing feud

      June 6, 2025
    • Trump signs new executive orders intended to make flying cars a reality, slash flight times

      June 6, 2025
    • WATCH: Republicans rally behind Trump, continue to support Musk amid ‘big, beautiful’ brawl

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,019)
    • Politics (15,552)
    • Stocks (3,133)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved