Declan Fallon's Comment & Analysis
A complete archive of Declan Fallon's articles, including current analysis & comment - Page 27
Today's losses for lead indexes may have scared some traders, but in reality, this is just a pause in the advance since March. In the case of the S&P 500 and Nasdaq, there may be some risk of a...
It has been a positive last couple of weeks for markets. The S&P 500 and Nasdaq have had it relatively easy with 20-day MAs providing able support. Friday's gains managed a fresh 'buy' signal for...
Suffice it to say, the S&P 500 and Nasdaq are well on their way to shaping the right-hand side of bases coming off 2021 highs. There is still a chance these bases can fail, but until I next...
It would have been nice to see some volume to go with today's buying, but we don't always get what we want. The Russell 2000 pushed into the early year consolidation, breaking well away from the...
After weeks of listless action, the Russell 2000 (IWM) has suddenly come to life. A second day of strong buying ranked as accumulation, has offered volume comparable to the selling in March (but now...
It was a good day for markets, but it was the Russell 2000 (IWM) that went on a bender, pushing itself out of its scrappy, multi-week base and slicing through its 200-day MA. Not only that, it managed...
It's not exactly textbook, but whenever bears are able to punish markets, they are quickly undone, often by a single day of strong buying. The S&P 500 is an ideal case in point. After trading...
With junior traders likely to be still holding the reigns after the long weekend, it was worrisome to see 'black' candlesticks pop into the charts of the Nasdaq and S&P 500. If there is...
Last Friday offered itself as a solid day for bulls, the only thing it lacked was volume. All indexes gained, even the struggling Russell 2000 ($IWM), although some of my individual stock plays...
A bright start for bulls on the back of positive NVIDIA Corporation (NASDAQ:NVDA) earnings wasn't enough to generate a day of meaningful gains. However, it did help stall the losses of the last...