Declan Fallon's Comment & Analysis
A complete archive of Declan Fallon's articles, including current analysis & comment - Page 7
Friday's Oval Office meltdown points to a future of nuclear proliferation. How markets react to this and the long-term prospects for the U.S. remain to be seen, but it's not good for either nation if...
There was not much positivity to yesterday, even though the supports for key indexes managed to hold.
The Russell 2000 (IWM) showed this best with the undercut of the 200-day MA, then a (double)...
The S&P 500 had started to clear resistance, posting new all-time highs before sellers struck with a vengeance.
The selling was bad, similar to that seen in December, which markets had only...
The S&P 500 ticked all the boxes as it closed above the 'bull trap' in a fresh breakout that came with a higher volume accumulation. It was a solid statement of intent for bulls.
The Nasdaq...
It was subtle but significant; the Nasdaq was able to go beyond the breakdown gap and make a push towards all-time highs, closing above 20,000 in the process. Technicals are net positive. This was...
The S&P has finally managed to close inside the prior 'bull trap', and in the process, has returned technicals to a net bullish state. There have been false dawns in the past, will this time be...
It was a mixed bag of action for indices yesterday. Some finished slightly up, some slightly down - all on low volume. It wasn't really a day to get excited about anything.
An index I haven't...
Markets posted gains sufficient to close breakdown gaps - sufficient to negate these gaps as breakdowns - but leaving indices stuck in broader trading ranges.
The Russell 2000 (IWM) is a case in...
Market travails continue to be an issue for bulls. Positive opening gaps across indices quickly faded, leaving markets in a state of risk-off as trade war fears reemerged.
Now, Nasdaq 100 Futures are...
After Monday's AI sell-off sent tech stocks reeling, we had some comeback as buyers filled the void, only for traders to take some quick profits off yesterday's bounce.
The Russell 2000 (IWM) posted...