Stock Market Analysis & Comment

US CPI increased 7.7% year on year (yoy) in October, the lowest rise this year and half a percentage point lower than the 8.2% registered in September. Core prices—excluding volatile energy...

Stocks finished last week higher, but as I noted on Thursday, we entered the period when option expiration takes over. It is usually when the market gets pinned down due to those significant gamma...

Friday's star was the Nasdaq as it managed to break past resistance marked by swing highs in September and October. There wasn't any accumulation volume to go with the breakout, but there was a 'buy'...

U.S. retail sales, housing data, more earnings in focus Chevron stock is a buy amid ongoing energy sector rally Target shares set to struggle amid weak Q3 profit, sales Stocks on Wall Street rallied...

Nvidia’s stock has staged a powerful rebound over the past month on hopes that the worst is over for chipmakers NVDA stock is also benefiting from the company’s release of two...

A lot happened in the markets this past week. And perhaps the best analogy to explain it all rests with one obscure development in the broader world of economics: The price of eggs jumped, while the...

Cooler-than-expected inflation data in the U.S. has helped Australian equities to hit the highest level since June. The benchmark ASX 200 rose by 2.8% to 7,158 points on Friday. Overall, 173 of 200...

Bulls eye small pullback to consolidate gains Fed likely to step down on aggressive hikes, but talks of pause premature Bears need complete reversal of Thursday’s rally to re-establish...

Over the last two months, I have been tracking a possible ideal impulse move down for the NASDAQ 100, i.e., five waves lower as per the Elliott Wave Principle (EWP), to ideally around $9,500. See...

We have spent countless hours highlighting the consequences of a turn lower in the tech-leading Semiconductors. It’s been nearly a year, and the semiconductors sector has endured quite a...

After losing 42% this year, Disney is trading where it was during the depth of the pandemic crisis Disney is on a solid path to making its streaming business profitable The giant’s recent...

Carl Icahn is one of the greatest names in value investing Like Warren Buffett, Icahn has been big on energy companies this year Let's take a deep look at the legendary investor's portfolio with...

When considering cost synergies and streaming losses, WBD stock does look cheap But the declining cable network business suggests the stock should be cheap It’s up to the streaming business to...

Uber’s third-quarter report showed continued progress toward profitability The economics of the platform model suggest room for significant profit growth Investors still are paying dearly...