Markets Look Forward to Friday’s Unemployment Numbers | Commentary for Thursday March 9, 2023
Bob discusses the patterns that are currently unfolding in the market and the anticipation for Friday’s unemployment numbers. The market has been trading sideways for the past 10 days, but the analyst predicts that it will start climbing up again, with the NASDAQ showing better strength than the other indexes. …
Powell Dump….Follow Through? | Daily Commentary for Wednesday, March 8th, 2023
The market has experienced a one to two day drop followed by upward movement, but Bob clarifies that this does not indicate a bull market. Instead, the market is expected to remain sideways. Bob discusses indicators such as the recent selling in the database and Powell’s statements on inflation and …