Stock Market Analysis & Comment

Yesterday was a rather unremarkable, boring day on the surface, with the S&P 500 finishing down 11 bps. Implied volatility for today was sharply higher yesterday, especially as the day went on....

There were high hopes for a pickup in M&A activity heading into the new year, after 2023 hit an all-time low for the decade. However, with only three weeks left in the first quarter, it...

In our previous update, we anticipated using the Elliott Wave Principle (EWP) for the S&P 500 to ideally reach $5026ish, assuming a standard Fibonacci-based impulse pattern, where the...

Amidst the allure of technology and renewable energy, dividend kings quietly anchor portfolios with their steadfast reliability, offering stability in uncertain markets. Achieving dividend king status...

Should you buy in case stocks correct 10% from current levels? We will try and answer that question through data. Meanwhile, mutual funds still can't beat the market. This happened not just in 2023,...

The S&P 500 has seen positive returns in 16 out of the last 18 weeks, an unprecedented trend since the 1970s. Despite the overall bullish market, notable players like Apple, Alphabet, and Tesla...

CPI inflation, retail sales, producer prices, and more earnings will be in focus this week. Oracle is a buy with strong earnings and guidance on deck. Dollar Generalis a sell with disappointing...

Adobe: Analysts slightly increased EPS estimates ahead of Q1/24. Our Fair Value models suggest a potential 5.7% increase in stock price. Dollar General: The stock might be priced higher ahead of...

Target's stock jumps 12% on better-than-expected Q4 earnings and revenue, with an optimistic earnings forecast for fiscal 2024, leading to analyst upgrades. Costco shares fall 4% after missing...

The rally in the stock market is showing no signs of slowing down due to the AI boom. Amid the current backdrop, I used the InvestingPro Stock Screener to find cheap, undervalued companies with...

Yesterday was a bizarre day across the board, from market price action to some strange Q&A with Powell in the Senate to Broadcom's (NASDAQ:AVGO) bizarre post-earnings price action. There are just...

Yesterday was a bit of a mixed bag with all recording gains (good), but the Russell 2000 (IWM) finished with a 'black' candlestick (close less than open price) that leaves bulls pressured and...

The past 15 months have been very good for Coinbase's (NASDAQ:COIN) stock price.During that time, COIN has rallied from $31 to over $230. And the rally has seen some wild volatility. Today’s...

EV stocks, including Tesla and BYD, are down this year as indexes keep making new records. This has come at a time when the medium-term outlook for EV companies looks bleak. So going forward, which of...