Stock Market Analysis & Comment

The US inflation rate keeps moving away from the Fed’s 2% target. The latest Bureau of Labor Statistics report puts the annual Consumer Price Index (CPI) at 3.5% for March. Just like...

In our previous update from late March, we assessed where the NASDAQ 100 (NDX) could ideally top using the Elliott Wave Principle (EWP), and we postulated back then: “…When we assess the...

The March CPI report showed headline annual inflation rising 3.5% compared to the 3.2% reading seen in February. As inflation makes a comeback, I used the InvestingPro stock screener to identify some...

Most slices of the US equity market continue to enjoy solid gains so far in 2024, but the momentum risk factor is still the upside outlier, based on a set of ETFs through Tuesday’s close (Apr....

Taiwan Semiconductor Manufacturing stock surged after revealing plans for a third factory in Phoenix, Arizona, marking a $65 billion investment. Positioned at the center of the US-China chip conflict,...

Markets threatened a rout after sellers struck at Tuesday's open, but a rally after the hour managed to right the ship, and by the close of business lead markets were showing "dragonfly doji"...

NATO, the North Atlantic Treaty Organization, commemorated its 75th anniversary last week, at a time when the 32-member alliance finds itself in an increasingly precarious position. Polish Prime...

The list of things that could derail risk-on sentiment is long and varied, but at the moment the crowd has shown little enthusiasm for abandoning winning trades.That’s the message via several...

If there is a swing trade with plenty of tension ready to snap, it's in the Russell 2000 (IWM). The index looks poised to either negate the late March 'bull trap', or crack below ascending triangle...

On April 5th, taking advantage of his X platform, Elon Musk announced the unveiling of Tesla (NASDAQ:TSLA) Robotaxi on August 8th. Over five days, the announcement had little lasting impact on TSLA...

With 2023 in the books and S&P 500® profit growth in full swing, market participants turn their focus to quarterly reports and annual shareholder gatherings Our team highlights major...

Asset management, insurance and utility stocks can power through sticky inflation.On Wednesday, Federal Reserve Chair Jerome Powell said that at “some point this year,” the interest rate...

There wasn't much volume to Friday's trading, but there was enough to determine that buyers have stepped in at the trendline support in the Russell 2000 (IWM). There was no technical change to the...

CPI inflation, Fed FOMC minutes, start of Q1 earnings season in focus. JPMorgan Chase is a buy with strong earnings beat on deck. Delta Air Lines is a sell with weak earnings, guidance...