What Are the Equity Market’s Positive Signs?
Monday, the Daily covered some of the warning signs, particularly in the Regional Banks and Transportation sectors.
We ended the Daily by writing this:
“Transportation and...
Whipsaw Stock Market With Federal Reserve Meeting On Tap
Today we are sharing a quick snapshot of a basket of indices that appear to be trading near important resistance zones.
The S&P 500 Index...
Are Consumer Stocks Sending Chills To Broader Market?
For nearly 15 years, consumer stocks moved higher in an orderly trend. But more recently, that trend has changed from bullish to uncertain.
And we...
What are the Equities Market’s Warning Signs?
Nearly every member of Mish’s Modern Family improved last week, with the Russell 2000 IWM, Transportation IYT, Semiconductors SMH Retail XRT all putting in Golden...
Will Federal Reserve Deliver Final Verdict for Financial Stocks, Market?
Just as the stock market rally seems to be gaining some traction, investors check their calendars and see next week's Federal Reserve meeting.
And it...
Tech Bulls Eye Potentially Explosive Stock Market Pattern!
Investors are hoping that a strong January is just the start to a strong recovery for stock prices. Particularly, tech stock prices.
The selloff hit...
S&P 500 Index Reaches Major Test (200-day moving average)!
The S&P 500 index is once again testing its 200-day moving average. Previous tests of the 200-day in August and November of 2022 ended abruptly...
Not Invested in Precious Metals Yet?Â
I personally started out this year saying that to date, gold has been sold on strength and bought on weakness. And that the day...
Stock Price Divergence and Potential Signs of RiskÂ
We cannot begin the Daily without a mention of the glitch in the NYSE right out of the gate Tuesday morning.
A wild stock-price swing...
Stock Market Momentum vs. Price: Is the Rally Over?
Last week was the reset of the January 6-month calendar range.
For the S&P 500, that range sits at 3770-4000.23.
In the 2023 Outlook, the prediction for...