Stock Market Analysis & Comment

We primarily track the S&P 500 (SPX) using the Elliott Wave Principle (EWP). The EWP allows us to identify the potential paths the market can take based on known patterns, which must adhere to...

Since 2020, momentum investing has generated significantly better returns than other strategies. Such is not surprising, given the massive amounts of stimulus injected into the financial system....

The time could be ripe to rebalance your portfolio amid the ongoing uncertainty surrounding the Fed. Diversification is a must during volatile times. Today, we'll take a look at three stocks that...

After blasting through 20-day and 50-day moving averages with little fanfare, the S&P 500, Nasdaq, and Russell 2000 (IWM) all finished with topping doji. This opens up the possibility for gaps...

As we move into the final stretch of 2024, many investors may be asking themselves: Is it time to give airline stocks another look? According to a new report from Bank of America (BofA), the answer...

Just as the interest rate hiking cycle had a suppressive effect on the economy to curb inflation, the upcoming interest rate cuts are viewed as relieving the pressure. Scheduled for 17-18 September,...

A Tale of Two Cities by Charles Dickens famously begins, ''It was the best of times, it was the worst of times.'' Two weeks ago was the worst week for the stock market so far this year. Last week was...

Small-cap stocks may benefit from the upcoming Fed rate cuts. They’ve underperformed large-caps but could rebound with rate reductions. Invest via individual stocks or ETFs like Vanguard’s S&P...

Fed rate cut, FOMC dot-plot, Powell comments will be in focus this week. Salesforce is a buy as it holds its annual ‘Dreamforce’ event. General Mills is a sell with weak earnings, soft guidance on...

S&P 500 and Nasdaq are set for a strong start, with key technical levels in focus. The former eyes new highs as bullish momentum gains traction. Meanwhile, the latter aims to overcome resistance...

Cognizant and Trimble are two under-the-radar AI stocks with robust growth prospects. Both companies show strong upside potential, with double-digit gains forecasted by InvestingPro’s AI-powered...

It’s clear that owning mega-cap technology has been the “higher for longer” trade, but what’s even more apparent now is how that trade is being timed. The timing mechanism seems as simple as the...

Moderna (NASDAQ:MRNA) announced today a significant reduction in its research and development budget, sending shockwaves through the biotech industry and causing its stock to plummet. The company,...

This week, Oracle (NYSE:ORCL) announced it is taking orders for the first "zettascale" AI supercomputer, which will be powered by up to 131,072 Nvidia (NASDAQ:NVDA) Blackwell chips. Nvidia CEO Jensen...