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Stocks finished yesterday lower by around 1.5% on the S&P 500, while the Nasdaq 100 QQQ declined by about 1.5%. Meanwhile, rates continued to climb, with the 30-year climbing to about 4.69%, as...
Yesterday was a slam dunk day for the bears as whatever support, such as the retention of 4,325 in the S&P 500, was sliced apart. We are now looking at measured move targets for the Russell 2000...
Most of the S&P 500's rally comes from the top 7 components, suggesting a notably lopsided US equity market.The S&P 500 has rallied over 12% year-to-date, but recent analysis...
This was a very interesting week if you were paying attention. On Tuesday, the market declined and then saw a sizeable rally begin later in the day. Then on Wednesday, the market continued its...
Compound market returns: During bullish markets, there is inevitably a regurgitation of this myth that was contrived to extract capital from retail investors and place it in the hands of Wall...
Two weeks ago, see here, we found for the S&P 500, using the Elliott Wave Principle (EWP), “Our preferred scenario is for [a] rally to around $4490+/-10, which it achieved today, and then...
As we enter a historically weak period for the stock market, negative investor sentiment has moved above its historical average Meanwhile, recent developments at Adobe have made the stock an appealing...
While the Russell 2000 has recovered from breaks of its 200-week MA before, every such test (and break) of the moving average increases the chance of a flip from a level of support to...
Today's price action will determine how we finish on weekly time frames, but the likelihood of an ugly close to the end of the week is high.If things stay as they are, we will see a breach of the...
The price of gold is trading just off its all-time high while the price of silver is lagging. Together, they haven’t quite provided mining equities the boost they need to outperform the broad...
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