
Please try another search
Despite bullish markets, Johnson & Johnson's stock price has declined over 4% year-to-date. Attention has now turned to the upcoming acquisition of Shockwave. Investors eagerly anticipate next...
The S&P 500 chart displays signs of weakness, particularly as it broke below the 21-day exponential moving average, signaling a potential bearish trend. Traders are closely watching the SPY's...
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....
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"...
US-China relations are at a turning point after decades of pumping China’s economy with tech to become a cheap manufacturing hub. The USG’s stance toward China has become more...
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...
Nvidia stock is always at the center of attention for the media and investors. However, there's concern that its current trading prices might exceed its actual value, making many hesitant to buy at...
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...