Stock Market Analysis & Comment

Until very recently a great deal of irrational exuberance had been driving markets of all sorts. In the stock market, specifically, investors were chasing momentum like they had only ever done at...

Friday's big gaps lower have the potential to become breakdown gaps, but for now, the near-term oversell has for a possible move into the gap price vacuum. The index most likely to achieve this in...

Recession fears, U.S. jobless claims, and more earnings will be in focus this week. Eli Lilly is a buy with upbeat earnings, guidance on deck. Walt Disney is a sell with disappointing earnings...

On Friday, the Bureau of Labor Statistics reported underwhelming figures for July’s nonfarm payrolls. Against the expected unemployment rate of 4.1%, the rate increased to 4.3%, down from June’s...

The total return outlook for the Global Market Index (GMI) ticked lower in July, marking the first downshift in several months for this forecast. GMI’s long-term estimate now points to an annualized...

Recent declines have sparked fears of a bigger selloff. However, underlying trends suggest the market still remains in an uptrend. In this piece, we'll take a look at 3 factors that support the fact...

Weak economic data has sparked concerns that the economy may be slowing faster than expected. Indexes reversed early gains as soon as manufacturing data came out. Technically, the S&P 500 has...

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...

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...

Advanced Micro Devices (NASDAQ:AMD) reported its Q2 earnings on Tuesday. Rival to both Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC), AMD succeeded in beating earnings per share (EPS) estimate for the...

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...