Welcome to the Astute Strategist Blog Archive!

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...

Bears Have Possession?

Bears Have Possession?

There's a quote that comes to mind given this week's market price action. Jesse Livermore said "The stock market is never obvious. It is designed to fool most people, most of the time." Today, from open to close, this market went nowhere. The Dow closed down -9...

Fake Up, Meltdown!

Fake Up, Meltdown!

The opening bell rang after this market had its best day in a long while closing up +669 points yesterday. Once we opened, this market seemed to be continuing its momentum. Around noon EST, we issued adjustments to subscribers stating that we were placing hedges on...

Bargain Buyers, Be Ready!

Bargain Buyers, Be Ready!

What a crazy last 3 days! Wednesday the Fed took centre stage of the markets and though it seemed we were off to the races with the market bouncing as much as +200 Dow points post Fed Powell's statement, after which Facebook CEO Mark Zuckerberg finally broke his...

Ready to Ride?

Ready to Ride?

This market has yet to make up its mind. The more time we spend below 25,000 and away from the attempting the all-time highs, the more it appears that we will see further volatility and potentially test the lows. Not to mention that even with the Dow closing up +116...

Buy The Dip Whenever They Trip

As the weekend was coming to an end we had grown weary of this market. The more we thought about it, the more we were wanting this kind of price action to be taking place. At the time of this post, the Dow is down -423 points and it appears we are setting sail on the...

Apple – Ripe with Opportunity

Wednesday, March 14th was a day of swinging. We opened up, and by lunchtime, we were down -370 Dow points and could not close above Dow 25,000. Thursday, March 15th, we looked like we were rallying back, and before the close, again we closed below Dow 25,000. Friday,...

May I have another bite?

The opening bell rang and it seemed we were destined to hit the magnetic 2800 level on the SPX. After the first 15 minutes, we were backing off and the Dow started falling fast - and the catalyst? In all honesty, it does not really matter, whether it was today,...

Finger Lickin’ Fried-day!

The opening bell rang and this market was again headed lower! That's four straight days of the market opening in the red. Astute Strategist was watching this market carefully, and as we kept heading lower on the day, we mentioned to subscribers that this market was...

T-rump and Tariffs –> Stocks Tumble

The new Fed Chairman Jerome Powell was again put in a position to rattle and scare the markets in mentions on interest rate hikes and unemployment. The markets took his words lighter than expected and definitely lighter than this past Tuesday! The markets were quite...