S&P 500 Index Breaks Support, New Downside Targets Emerge
S&P 500 Index Futures Trading Chart (September 21, 2020)
As I noted in my September 20 report to clients, “if we see weakness that breaks...
Is the Nasdaq Peaking At Important Fibonacci Price Target?
Nasdaq Composite "monthly" Chart
The Nasdaq has been the unparalleled leader of the stock market in 2020, having rallyied furiously off the COVID-19 crash market...
U.S. Equities Decline Continues As Volatility Spikes
Stock market futures are lower as we begin trading on Monday and for the new week. This follows a third straight week of declines...
Recent Buying In Biotech Sector Could Benefit Newer Companies
With companies like Pfizer (PFE) giving possible hope for an end of year vaccine and a recent gap up in Nasdaq Biotechnology ETF (IBB),...
Implied Volatility Cycles Point To Turbulent October For Stock Market
Today's article takes a quick look at implied volatility cycles to forecast future turbulence in the stock market, particularly in October.
In the chart below...
Stock Market Update: How To Stay On The Right Side
Yesterday, we were watching the VXX to gauge fear in the market.
Today it gapped higher and then continued to sell off while the indices...
Growth or Value Stocks For Future Wealth Building? Take This Test
Given limited resources, it should be no surprise that we aim to maximize the value of our everyday purchases. In most cases, we seek...
S&P 500 Elliott Wave Update: Caution For Stock Market Bulls
The new highs in recent weeks among the U.S. stock indices may have disappointed the few remaining stock market bears, but now is when...
Here’s What A Stronger US Dollar Currency Means For Financial Markets
One of the key investment themes of 2020 has been the rotation from a stronger US Dollar environment to a weaker Dollar through mid-September....
Stock Market Outlook: Bulls Try To End Correction
The S&P 500 Index rose 0.52% on Wednesday and is now back to a weakly bullish intermediate posture according to the Market Forecast technical...
