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It has been an interesting two years since the S&P500 struck its all-time high at $4818 on January 4, 2022. Although the Bears feel pretty beat up by now and the Bulls invincible (the latest...
It has been a relatively slow start to the week given what is at stake we remain waiting for the potential breakout in the Russell 2000 (IWM).The Russell 2000 has drifted back in relative...
A reminder that on average, the seasonal pattern for S&P 500 rises into year-end, pulls back, ticks a new high early in the year, pulls back, and then rallies into the ‘sell in...
Is a stock market correction coming before the Santa Claus rally at the end of the year?It is a fascinating turn in sentiment, given that investors were convinced of the bear market’s return...
It has certainly been an interesting year or so since S&P 500 struck the low in October of 2022. If you remember, most were looking for the market to head considerably lower at the time. But, then...
After reaching overbought levels and pulling back from August through October (declining orange channel in the chart below), the market has decisively broken out to the upside. The strength of the...
Volatility, gauged by the Vix indicator, has seen a remarkable 41% decrease in the past four weeks, marking its ninth most significant drop within this historical timeframe. Meanwhile, managers are...
The Mastercard SpendingPulse data noted that black Friday shopping increased by 2.5% y/y, down sharply from a 12% y/y increase in 2022. When we think about this, adjusted for inflation, that would...
Whether you see the past week-and-a-half action in the Russell 2000 (IWM) as a bullish ascending triangle or pennant, it's clear there is a significant bullish turn in momentum since the early...
Investors have plenty to be thankful for as we gather this year to celebrate Thanksgiving. Optimism that the Federal Reserve is all done raising interest rates has helped boost appetite for...
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