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Stocks traded mostly flat yesterday as investors geared up for a hectic week of economic data. The PPI report will be released soon, followed by the CPI report on Wednesday and retail sales on...
Friday's highs continue to play as a top but yesterday's losses didn't undercut Friday's lows, leaving things in a bit of a 'No-Mans Land'. The Nasdaq returned to a 'buy' trigger for...
We have seen this before - a rally of a few weeks tops off with a reversal candlestick, but the next day, the rally continues.Things were perhaps a little more bearish for the Russell 2000 (IWM), than...
It has been many years since investors had such an affordable option to safeguard themselves against a market downturn. However, there are several factors indicating a continued market uptrend. Ready...
CPI inflation, retail sales, producer prices, and retailer earnings will be in focus this week. Walmart is a buy with upbeat Q1 profit and sales growth expected. Deere is a sell amid shrinking EPS,...
Stocks traded higher yesterday following initial claims data, which was a bit higher than estimates. In the end, nothing happened, and the market had nothing else to trade on. There has been no...
Stocks were pretty flat yesterday, and we were in a boring sideways session. There is little to say besides that the index is hitting resistance around the 78% retracement level and the 5,198 gap has...
It was a bit of an off day. The gap down had all the makings of a substantial sell-off (one I tried to short), but in the end, it was longs who came out on top.The question for today is if yesterday's...
Stocks were higher in the first quarter of 2024, continuing their winning ways that started in the fourth quarter of last year. Despite an up quarter overall, the MCM Thematic Growth Composite...
Rising rate cut hopes are fueling rallies in major indexes. Nasdaq 100 has broken above a key resistance. Meanwhile, S&P 500 is looking to break above a critical barrier. In 2024, invest like the...
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