Home 2021 Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

by Paul Ebeling

#PaulEbeling #WallStreet 

$DIA $SPY $QQQ $RUTX $VXX

The Bull trend is North, the money is flowing in record amounts” — Paul Ebeling

What happened last week

The US benchmark indexes: the S&P 500, DJIA and the NAS Comp, all all posted doji’s for the 3rd day running and edged up.

They are working to consolidate laterally, hold the gains and prep for a new Northside move.

The fact that they are holding their gainers is Bullish action. If they do not sell and put in a lateral wk, that could be enough to drive to new gainers.

HeffX-LTN’s overall technical analysis for the major US stock market indexes is Bullish with a Very Bullish bias.

What to expect this week

The trend is North, and as we all know the trend is our friend and we will take what the market gives.

Again, the money is flowing in, in record amounts and the world markets are overall Bullish on this ongoing economic recovery.

However, pay attention, the market can reverse on a dime, and remember it is your money and your responsibility.

Have a healthy week, Keep the Faith!

You may also like

logo-white

Your Trusted Source for Capital Markets & Related News

© 2024 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.
CLOSE