Will Nasdaq Weakness Abate… Or Accelerate This Year?
Tech stocks have gotten off to a poor start this year, as investors continued their buying strike against growth stocks.
This is exemplified in today's...
Why High Yield Corporate Debt (JNK) Needs to Fill the Gap
Friday ended on a positive note with the Dow Jones (DIA) and the S&P 500 (SPY) holding over their 200-day moving averages.
Alongside, Bitcoin has...
Gold and Euro Bulls Hope Trend Line Support Holds!
The price of Gold has been moving sideways-to-lower for months now.
But this consolidation is nearing a potential inflection point.
Today's chart 2-pack highlights the...
Stock Market Bulls Neutralize Bears, But More To Prove
The S&P 500 Index rallied on Tuesday, closing near the highs of the session for the third straight day. Futures are pointing higher into...
3 Important Price Levels For Nasdaq 100, Russell 2000, and Bitcoin
The stock market has rallied right into resistance along with Bitcoin teetering at its 39k price level.Â
However, the market is holding its current trading...
Tech Stocks Rally Near The End? Or Just Beginning?
This year got off to a rough start for stock market bulls.
While some may label this as just another correction, it's been much more...
Why the Long U.S. Stock Market Rally is Probably Over
Can the stock indices make another recovery after the past two weeks? We think the expected top might finally be in. Today's post shows...
Should Investors Start Watching Non-Cyclical Stocks?
The past week has been very challenging as the market can’t seem to pick a direction.
Though short-term momentum has more overhead pressure, even the...
Lumber Price Peak Would Raise Concerns For Equities!
The supply chain has dealt with several issues over the past couple of years, as consumers and businesses have been forced to navigate a...
S&P 500 Index: Choose Your Own Adventure
The S&P 500 index has dropped about 12% on an intraday basis from a high around 4800 in early January. So what's next?
One of...