Stock Market Analysis & Comment

The recent market pullback has exposed vulnerabilities in major indexes, with the S&P 500, Nasdaq, and Russell 2000 facing critical tests. Technical indicators suggest a potential shift in market...

The second quarter saw stocks move higher again, reaching levels that seem overly stretched from a fundamental and technical standpoint. The market has seen a significant rotation into mega-cap...

We primarily use the Elliott Wave Principle (EWP) to forecast the financial markets, such as the Nasdaq 100 (NDX). In our last update from July 5, we assessed the state of the market and found that...

The Nasdaq 100's rally hinges on breaking key resistance around 19730 to confirm bullish momentum. A decisive move above this level would solidify the recent bullish signal ahead of Apple and Amazon...

Apple will publish its quarterly results today. The tech giant's Q2 earnings are under greater scrutiny after disappointing results from other Magnificent 7 stocks. China and Apple Intelligence are...

Fed left rates unchanged yesterday, but the path ahead remains data-dependent. While the markets appear to be almost certain about a September cut, it's good to prepare for any eventuality. In this...

Retail sales were strong in June, but some companies report a more cautious consumer The back-to-school shopping season is critical for many retailers, and we’ll hear from many Consumer Staples...

Meta's upcoming Q2 earnings are highly anticipated, with a focus on its AI progress. Despite significant AI investments, Meta still relies heavily on traditional revenue streams, making this...

Technical analysis reveals two concerning chart patterns in the S&P 500 and Nasdaq 100 that could signal a significant shift in trend for both indexes. The S&P 500 is forming a bearish flag...

Yesterday, the price action in the Nasdaq was the most telling. The last couple of days have seen the index struggle to recover its 50-day MA, as it closed yesterday with the bearish 'black'...

AMD is getting ready to report Q2 earnings today. Despite facing challenges earlier this year, the launch of its flagship MI300 AI accelerator has reignited investor interest. Despite short-term...

In bullish years, markets often have corrections like the one we saw in the S&P 500 recently. Yet, after a lengthy bullish run, it always surprises me how quickly investors and the media panic...

Yesterday was a boring day, and given the amount of overload we will be getting starting today morning, you can’t blame the market for holding in place and trading sideways since Thursday. The...

All eyes will remain on big tech this week with MSFT, AMZN, META and AAPL set to report for Q2 Outlier earnings this week include: MCD, BA During this second peak week of the Q2 season nearly...