Recent Posts by Tom Aspray

Is The Slide In Semiconductor Stocks Over?

The technology shares after making a low on Wednesday rallied into the end of the week but gave up some of the early gains on Friday.  There has been plenty of carnage in some of the best performing stocks but is the decline from the November 22th high already over? According to a Friday Bloomberg…
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The Week Ahead: How High Can The Market Forecasts Go?

The stock market’s strong gains over the past few weeks may have convinced some sidelined investors to finally get into the stock market. Clearly the market sentiment has seen a dramatic shift.  In my column published in August 2016  "What's Missing From This Bull Market?"  I focused on the fact that throughout the bull market there…
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The Week Ahead: Do Investors Finally Believe?

Last week in the stock market was quite choppy as the S&P futures traded lower overnight on Monday, Tuesday and Wednesday. The selling only lasted into the close on Wednesday when the S&P 500 made new lows for the month. This set the stage for Thursday’s powerful rally. It seems as though investors and many…
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Watch For Signs Of A November Correction

Even though the weekly NYSE advance/decline numbers were negative last week a majority of the weekly A/D lines are still above their WMAs.  This is a positive sign for the stock market’s intermediate term trend but does not rule out a correction. Though several warned of a correction in October those warnings have all but…
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Will Apple’s Earnings Keep The Tech Rally Alive?

The blockbuster earnings from Apple, Inc. (AAPL) after the close has pushed its stock to open Friday at $174 which was 3.3% above the pre-earnings close on Thursday. The question for those following the tech heavy PowerShares QQQ Trust (QQQ) the main questions is whether these earnings will be able to push the average to…
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When Was The Last Real November Correction?

The stock market recorded another solid month of gains in October with the S&P 500 up 2.2%. Many investors may be even more bullish now because of the historically strong performance of the stock market in November. Since 1950 the S&P 500 has had an average gain of 1.38% in November as it has been…
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