Stocks closed strong in September but the market started to show signs of weakness on the first trading day of October. Market Update October 2, 2018: The major averages opened sharply higher on Monday October 1st as the A/D ratio on the NYSE was better than 2-1 positive. However, as the day progressed the major…Read more
About: Tom Aspray
Tom Aspray has been analyzing and advising institutions and investors on the financial markets since the early 1980’s. Tom has gained the respect of other leading technical analysts over the years even though he has avoided seeking the limelight.
Recent Posts by Tom Aspray
Stocks Surge Higher With New A/D Buy Signals It was a powerful day for the stock market as the gains were solid across all the key sectors as Tom discusses in tonight's video. [embed]https://youtu.be/dy-iUvIv_ts[/embed] We have just completed the first series of one on one courses and have now opened registration for the October session. These courses…Read more
July 22, 2018: Instead of tariffs or earnings, the markets last week were focused on international relations, as the long-awaited meeting of President Trump and President Putin stimulated lots of debate for a good part of the week. Even Fed Chairman Jerome Powell’s generally positive comments on the economy were overshadowed by President Trump’s disapproval…Read more
July 14, 2018 The stock market started off the week on a bullish note, as the strong close on July 6th, a reaction to the strong jobs report, signaled that the markets major trend had resumed. The short-term analysis forecasted a likely pullback during the week, which was supported by the fact that the averages…Read more
The stock market was hammered by trade tariff threats again this week, a frequent occurrence during this administration. Based on last week’s public comments, some Republican representatives are now becoming more worried. Without any concrete policy changes actually occurring, no one can be sure whether the threats are real, or just part of the negotiation…Read more
The public enthusiasm for the stock market has continued to deteriorate over the past few months. Last weekend, a Barron’s columnist referred to the prior week as “volatile flatness,” as despite wide swings during the week, the Dow ended only 48 points lower. In the article, the head of institutional equity strategy at Stifel predicts…Read more
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