Stock Market Analysis & Comment

Monday's action had looked to provide some security for bulls, but then bears came in with gusto and closed the day with bearish engulfing patterns for the Nasdaq and S&P 500 and a big red...

Nike (NYSE:NKE) topped expectations for earnings and revenue in fiscal Q3 2023, however, the company’s bloated inventory yielded a muted reaction in shares.The apparel giant’s shares were...

As the banking storm wreaked havoc in March, even Warren Buffett's company suffered losses, with six of Buffett's 15 biggest losses being in the financial sector Gold and gold stocks are attractive...

The Nasdaq Composite has significantly outperformed the S&P 500 and the Dow Jones Industrial Average thus far in 2023. High-growth tech stocks have come back in favor following last year’s...

Friday was a sticky finish for markets, Monday managed to make back some of this lost ground, and today delivered a breakout in the S&P 500.I had talked over the weekend about the risk of a crash,...

For those who have followed me through the years, you would likely remember at least one of the many major market directional calls we have made in many different markets. And while this list is...

UBS (NYSE:UBS) reached an agreement to acquire Credit Suisse (NYSE:CS) in an “emergency rescue” deal worth more than $3.2 billion. The takeover, pushed by regulators to prevent a banking...

This will certainly be an interesting week, especially with the Federal Reserve meeting scheduled for Wednesday. I anticipate that Jay Powell will raise interest rates on Wednesday, indicating that...

Fed rate decision, Powell comments, bank crisis developments will drive markets in the week ahead. Nvidia stock is set to shine amid AI buzz ahead of ‘GTC 2023’ event. ExxonMobil shares...

Wells Fargo raises JPMorgan shares to Overweight amid larger turmoil in the banking sector. And here is today's full Pro Recap of the biggest analyst upgrades and downgrades over the past...

Despite recovering throughout the day, First Republic Bank’s shares reentered a sharp decline after the markets closed.After a pre-market collapse, and multiple trade halts due to volatility,...

After a volatile few days, indexes have managed to stage a recovery, with some indexes doing better than others.The Nasdaq returned above support while breaking resistance from a bull flag. Volume...

Shares of Credit Suisse have taken a turn for the worse this week Spooked investors started selling the stock, anticipating that the systemically crucial bank was in trouble before SNB stepped in to...

After the painful decline in stock prices last year, many investors have concluded that this now represents another terrific buying opportunity. And if you look just at earnings-based valuation...