Stock Market Analysis & Comment

Energy stocks are in demand thanks to surging crude oil prices, which broke out to their highest level of 2023 on Tuesday. As such, I used the InvestingPro stock screener to search for undervalued...

Some stocks have risen by nearly 24% over the past 5 fiscal years These stocks have managed to effectively double the S&P 500's 12% returns over the same period Can these gems continue to do so...

The warning signs were there for the Russell 2000 (IWM), and today's action delivered on that foreshadowing. Sellers pushed the Small Caps index below 20-day and 50-day MAs along with the June swing...

Stocks are up 18.7% year-to-date, which is good news for portfolios and 401(k)s, but did you know that most of the heavy lifting has been done by a very small number of S&P 500 stocks?You may be...

Two weeks ago, see here; we found, based on our interpretation of the price action for the Nasdaq 100 using the Elliott Wave Principle (EWP) "the index has so far, only completed three (green) waves...

The expected return for the Global Market Index (GMI) ticked up in August from the previous month. Today’s revised long-run forecast for this benchmark — a market-value-weighted portfolio...

The S&P 500 is poised to challenge a crucial resistance level later this week Last week's labor market data was mixed, with some indicators suggesting that the economy is slowing down Meanwhile,...

The Labor Day weekend will keep things on hold for another day, but the coming week is important for lead indexes. We have the Russell 2000 (IWM) at the cusp of a return to a net bullish state in its...

U.S. ISM services PMI, Fed speakers in focus during holiday-shortened week. Airbnb is a buy on news it will be joining the S&P 500. Kroger will struggle amid expected earnings miss. Looking for...

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Macom Tech, Oracle, SunRun, Arista Networks, and Shopify.InvestingPro subscribers always get news...

Cracks are emerging in the ongoing rally on Wall Street amid uncertainty over the outlook for inflation, the economy, and interest rates. As such, I used the InvestingPro stock screener to search for...

Despite a turbulent August, the market remains in overall good shape As September kicks off, many of the same pressures should remain in place Let's take a look at various trends to evaluate the...

Salesforce shares surged following better-than-expected Q2 results The company's top line is stabilizing and benefiting from earlier restructuring efforts Salesforce achieved its profitability target...

The retail sector seems confident about the back-to-school shopping season in 2023 And that's to be expected, as back-to-school sales are expected to reach a staggering $135 billion this year Four...