Stock Market Analysis & Comment

Better-than-expected results for the week once again lift S&P 500 EPS growth for Q1 2023, now set to come in at -2.2% Potential earnings surprises this week: PerkinElmer (PKI), Air Canada...

International hotel reservations and airport travel volumes are increasing, leading to positive results for the travel industry in Q1 23 Airbnb's business is expanding and has good financial...

Last week, the S&P 500 fell by approximately 0.80%, despite surging by nearly 2% on Friday alone. Apple (Nasdaq:AAPL) and regional banks saw sharp gains, even with a hotter-than-expected job...

Last week, see here, we warned using the Elliott Wave Principle (EWP) that the S&P 500 (SPX) was approaching a larger top once, ideally, $4200-4285 would be reached.The index reached $4187 the...

The sense of deja vu strikes once more as we consider yet another attempt at a resistance breakout for the Nasdaq, and potentially the S&P 500 too.The Nasdaq shows solid price action in...

99% of all energy in trading is spent on trying to figure out the “how” to get into the trade.Your trading strategy is doomed to fail if you don't understand 2 very important...

Let's cut through the noise of the past week with a Pro Recap of the top analyst takeaways that may very well forecast the next major market trend: AMD's rating slash at BofA, plus big upgrades for...

Uber's Q1 earnings were better than expected. InvestingPro data indicates that the company's growth potential is solid. Fair Value data also shows that the stock is currently available at a...

The U.S. stock market faces a triple-whammy of risk events and developments next week. U.S. CPI inflation, the regional banking crisis, and the debt ceiling showdown will be in focus. Looking for more...

Shares of Qualcomm (NASDAQ:QCOM) fell on Thursday after the chipmaker reported financial results for the second quarter, which showed a notable year-over-year (YoY) sales decline fueled by a continued...

Berkshire Hathaway, led by Warren Buffett, is a financial conglomerate with a focus on long-term investments. InvestingPro's Fair Value Index suggests that the stock has high growth potential. The...

Three US banks have failed so far in 2023, marking the second, third, and fourth largest bank failures in history. But, certain stocks have outperformed the market despite the challenging...

There has been a lot of talk in recent months about the narrowness of the rally in stocks so far this year. It’s no secret that the majority of the gains for the index have come from just a...

It wasn't a great day for indices, particularly as volume ranked as confirmed distribution for the S&P 500 and Nasdaq, with daily volume traded higher than any prior buying day. Neither market is...