Welcome to the Astute Strategist Blog Archive!

Astute Blog January 26th 2019

Astute Blog January 26th 2019

Market Context Good day, Markets are moving and yet as each day comes to an end it's as if there has been little or no movement. Consider this, on Tuesday when markets opened (post-MLK day) the S&P 500 was at 2657, fast forward a week and it's at 2664. Hard to believe...

Astute Blog January 19th 2019

Astute Blog January 19th 2019

Market Context Happy Saturday, Let's grab a cup of joe. A gargantuan rally in the markets of 13% of December 2018 lows and the S&P 500 (SPX) is within roughly 1% of the magnetic round number of 2700. Considering the US-China trade war, the government shutdown and the...

Astute Blog January 13th 2019

Astute Blog January 13th 2019

Market Context Great Sunday to you all, Here's to you all having had a lovely weekend and ready for another wonderful week ahead. The markets have seen endless up days in 2019. The first trading day in 2019 had the S&P 500 (SPX) open at 2476, days later and the SPX is...

Astute Blog January 4th 2019

Astute Blog January 4th 2019

Tue, Feb 05, 2019 Market Context Good day all, The first few trading sessions in 2019 are in and it was anything but dull and boring. Hard to believe it was possible considering that Fed Chairman Powell seemed to make it a personal mission of his to destroy chances of...

Astute Blog December 21st 2018

Astute Blog December 21st 2018

Market Context Good day all, Fourteen straight trading sessions have been in the red. That is pretty much (less 1 day) 3 consecutive weeks of lower lows and closes in the red. Hard to believe that this time last week the SPX settled at 2600. Five trading days later...

Astute Blog December 7th 2018

Astute Blog December 7th 2018

Market Context Good day all, Whipsaw price action, a clumsy-thumbsy  US President and here we are a weeks price range of 2800-2621 in the SPX. Closing on the lower side of the weeks' range at 2633. The yield curve inverting, along with the usual trigger finger of the...

Astute Blog November 30th 2018

Astute Blog November 30th 2018

Market Context Good day all, November is done and I won't mince words here, I am glad it is over. The markets were scared stiff with October being a bloodbath thanks to Fed Chairman Powell. Leaving it to President Trump to put Powell's job on the line the day before...

Astute Blog November 24th 2018

Astute Blog November 24th 2018

Market Context Good day all, Looking back over the years, there were times when former US President Bush, Obama, and even Trump have caused havoc in the markets. Now it seems that baton has been passed to Fed Chairman Powell to be the cause of panic selling before...

Market Context

Market Context

Good day, Good day all, It has been an interesting week thus far. This market has swung in excess of 80 SPX points. Let's put that into perspective for a moment, back in June the low in the SPX was 2691, fast forward to September and we hit all-time highs sending the...

Climbing the Bean-stock?

Climbing the Bean-stock?

A ton of commotion, a spike in volatility over the last week, and as of the close today (April 17th), the SPX is back above 2700. In previous posts, we mentioned a close above Dow 24,800 was required for the bulls to take possession moving forward in the short-term....

Bears Down for the Count?

Bears Down for the Count?

Last night around 8 pm EST, Chinese President Xi spoke in response to the ongoing trade war between China and the US. His response was a promise to slash auto tariffs and further open the country's markets to imports. Investors and traders took this news and there...

Can This Market Hold Its Footing?

Can This Market Hold Its Footing?

We opened higher and spent most of the day well above Dow 24,000, and again by the close, this market could not stay above Dow 24,000. The day's high was Dow 24,373 and we closed at Dow 23,979. At 1:30 pm EST, we issued a word of caution along with adjustments to our...

History doesn’t Repeat, but it sure does Rhyme

History doesn’t Repeat, but it sure does Rhyme

Dow 24,000 cleared and looked to be heading back to the magical 25,000, but of course, President Trump spoke after the close, and things in after-hours got VIXy. At the time of this post, the futures indicate the market opening -300 Dow points. Having hit a high of...

Free and Clear?

Free and Clear?

Back above Dow 24,000! The bulls were headstrong and though the bears tried to fight back, the bulls wouldn't have it. Throughout the day we had back and forth price action until the last 90 minutes. Ending the day +389 Dow points, it would appear that we are heading...

April Showers Bring May Flowers?

April Showers Bring May Flowers?

They say, "sell in May and go away!" But it's only April! We have some time. Today was a day the bears showed no mercy. We opened slightly lower and then it was only a matter of time before there were lower lows. CNBC headlines showed "6th of 8 Down sessions" before...