top of page

Equity traders watch for signs of breakout stocks.

Stocks were up to continue the bull market, but Bitcoin, Ethereum, and Litecoin were too.

Tesla, Netflix, Amazon, Google, Facebook, and Apple were all up during the trading day.

Equity traders watch for signs of breakout stocks.
1/3

The Mercator
Economics and Market Research
Search


Weekly Memorandum 8/8/2022
Stocks capped off a fairly constructive week, closing near the highs. We continue to observe leadership from key sectors like tech, which...
Ioannis Achilleus
Aug 8, 20221 min read
25 views
0 comments


Weekly Memorandum 8/1/2022
The equity rebound continued, and we just barely closed above a key resistance level on Friday in the S&P. The Nasdaq continued to lead...
Ioannis Achilleus
Aug 1, 20221 min read
23 views
0 comments


Weekly Memorandum 7/18/2022
Equity markets were down last week, but on Friday, gapped up and closed near the highs. This was a very key bit of price action that not...
Ioannis Achilleus
Jul 18, 20221 min read
17 views
0 comments


Weekly Memorandum 7/11/2022
Stocks recovered nicely last week after the holiday weekend, and we saw notable leadership from the Nasdaq. Leadership was also observed...
Ioannis Achilleus
Jul 11, 20221 min read
12 views
0 comments


Weekly Memorandum 6/27/2022
Stocks rebounded nicely last week and cleared a key short-term resistance zone, which could mean the completion of a short-term low. It...
Ioannis Achilleus
Jun 27, 20221 min read
12 views
0 comments


Weekly Memorandum 6/13/2022
Stocks once again gapped down and closed near the lows of the day on Monday, continuing the bearish momentum acceleration that resurfaced...
Ioannis Achilleus
Jun 13, 20221 min read
17 views
0 comments


Weekly Memorandum 5/31/2022
Stocks finished strongly last week and closed above a key resistance level. This increases the odds that a short-term low formed,...
Ioannis Achilleus
May 31, 20221 min read
17 views
0 comments


Weekly Memorandum 4/25/2022
Stocks closed out near the week's lows on Friday, which is hardly a bullish characteristic. Tech led the market lower again, an ominous...
Ioannis Achilleus
Apr 25, 20221 min read
14 views
0 comments


Weekly Memorandum 3/21/2022
Stocks finished last week in a very bullish manner and engulfed 4 weeks' worth of price action. This comes just as fear surrounding the...
Ioannis Achilleus
Mar 21, 20221 min read
14 views
0 comments


Weekly Memorandum 3/14/2022
Stocks closed at a new weekly low for this decline on Friday, which is bearish. This suggests that prices could yet fall further towards...
Ioannis Achilleus
Mar 14, 20221 min read
10 views
0 comments


Weekly Memorandum 3/7/2022
Stocks ended near the lows of the week on Friday, after rallying to a new high following the low of February 24. Despite the shortages...
Ioannis Achilleus
Mar 7, 20222 min read
14 views
0 comments


Weekly Memorandum 2/28/2022
Stocks were down big last week as reports poured in surrounding Russia's invasion of Ukraine. However, on Thursday, stocks hit a notable...
Ioannis Achilleus
Feb 28, 20221 min read
11 views
0 comments


Weekly Memorandum 2/14/2022
Stocks ended last week near the lows, which is typically construed as bearish price action. Following another mid-week reversal, we saw...
Ioannis Achilleus
Feb 14, 20221 min read
13 views
0 comments


Weekly Memorandum 1/24/2022
Stocks were crushed last week as we saw months' worth of gains erased in just a few days. This is as bearish as it gets with respect to...
Ioannis Achilleus
Jan 24, 20222 min read
23 views
0 comments


Weekly Memorandum 1/3/2022
Stocks rallied to new all-time highs last week, with the exception of the Nasdaq. If the Nasdaq falls to join the new all-time high...
Ioannis Achilleus
Jan 3, 20221 min read
28 views
0 comments


Weekly Memorandum 12/20/2021
Stocks ended last week on a defensive note, and the weakness has carried over into the new week thus far, as we see equity indices across...
Ioannis Achilleus
Dec 20, 20211 min read
11 views
0 comments


Weekly Memorandum 12/6/2021
Despite a decent late-day rally on Friday, stocks finished last week on a defensive note. There has been a growing consensus surrounding...
Ioannis Achilleus
Dec 6, 20211 min read
11 views
0 comments


Weekly Memorandum 10/4/2021
Stocks dropped to new lows last week, but once again, managed to stage a strong rally on Friday to avert a potentially disastrous bearish...
Ioannis Achilleus
Oct 4, 20211 min read
19 views
0 comments


Weekly Memorandum 9/20/2021
Stocks are set to start the week on a defensive note, as we already broke last week's lows and are trading below key support levels. A...
Ioannis Achilleus
Sep 20, 20211 min read
11 views
0 comments


Weekly Memorandum 8/30/2021
Once again, stocks started off the week in the most bullish manner possible, by notching new all-time highs. However, we've yet to see...
Ioannis Achilleus
Aug 30, 20211 min read
19 views
0 comments
bottom of page