U.S. Stock Market Fends off Selling Pressure
It could have been worse, the potential for losses was quite high, but markets were reluctant to give in to sellers, and many markets finished where they started. The Nasdaq was a...
It could have been worse, the potential for losses was quite high, but markets were reluctant to give in to sellers, and many markets finished where they started. The Nasdaq was a...
When the market was bottoming on Oct. 13 of 2022 at 3500 SPX, the members of ElliottWaveTrader knew to begin looking up to the 4100 SPX region for an initial rally off those lows....
Confusion over the Federal Reserve’s rate outlook, a slowing economy, and elevated inflation will continue to dictate investor sentiment in 2023. I remain constructive on...
In our last market update, I wrote about how market technicals were improving. That improvement has continued, and the market is displaying strength that we have not seen in over a...
Friday delivered a small riposte to Thursday's big gains, but this rally from December lows needs a larger consolidation to help digest those gains. Breakouts and the moving...
The U.S. stock market rally this year continues to be led by so-called high-beta stocks, which are outperforming the broad market by a wide margin, based on a set of proxy ETFs...
Last week, FOMO (Fear Of Missing Out) became the prevailing market narrative. As data seemed to further validate the soft landing narrative and central bankers became...
S&P 500 blended EPS growth for Q4 continues to fall, now expected to come in at -5.3% Peak earnings season rolls on this week with 1,447 global companies expected to...
Movements of the S&P 500 since the Fed’s interest rate hike on Feb. 1 indicate that despite the late weekly selling, the index still managed to close last week with a 1.6%...
American shares rallied for a second week, leading an uneven trading week for the major asset classes through Friday's close (Feb. 3), based on a set of ETFs. Although stocks sold...