Endava (DAVA): A Hidden Gem in the Digital Transformation Theme
Shares of Endava (NYSE: DAVA) are technically flagging just under new highs.
This is a bullish formation that caught my eye over the weekend and...
S&P 500 Weakness Isn’t Surprising – The Market Needs A Breather
The week of May 3rd was important - perhaps an important closing high for the S&P 500 (we shall see). During that week, we...
Trade War Triggers Stock Market Selloff: What’s Next?
The S&P 500 (SPX) sank 65 points last week to 2881, a decline of 2.2%.
The selloff was sparked by a Sunday Trump tweet that...
Stock Market Outlook: Consolidation or Correction?
Key Takeaways:
1). After a robust rally to begin the year, stocks are now in the midst of their most significant pullback of 2019....
S&P 500 Reverses Higher: Are Bulls In Business Again?
Investors have experienced multiple days of selloffs and failed rallies.
Friday tried to change that.
After another early steep selloff, the stock market mounted a strong...
Dow Jones Industrials Triple Top At Key Fib Price Level?
The 4 month stock market rally to start 2019 brought the Dow Jones Industrial Average within 1 percent of its all-time highs made in...
Has the Stock Market Found Love or Litigation?
The juxtaposition of these two signs fascinates me.
Message to the lawyers? Their clients? Merely a coincidence?
Doubtful.
The market fills me with a similar fascination.
Will the...
Treasury Bonds Counter-Rally Almost Over
The bearish scenario for treasury bonds that we described in September and again in October appears to be on track.
Today's post shows some upward targets...
Inflation: The Federal Reserve’s False Flag
“Don’t piss down my back and tell me it’s raining” –Clint Eastwood/The Outlaw Josey Wales
On April 30, 2019, one day before the Federal Reserve’s...
S&P 500 Breaks Up-Trend, Turns Bearish Near-Term
S&P 500 Trading Outlook (3-5 Days): Bearish on break of 2901
The near-term up-trend gave way again as the S&P 500 closed back under 2901.
The close...
