Tag "nasdaq composite"

S&P 500 Weekly Review & Outlook: Breadth Deteriorates

In this week’s investing research outlook, we analyze the technical setup and trends of the S&P 500 Index (INDEXSP:.INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC), check in on investor sentiment and market breadth indicators, and discuss emerging themes and news that we are watching closely in our investing research. Here’s a summary of our findings…

Nasdaq’s Negative Market Breadth Only Matched By 1999

The recent string of Nasdaq (INDEXNASDAQ:.IXIC) new highs occurring with negative market breadth has only been matched by a stretch in 1999-2000. In Part 1 of our “Internal Cracks” mini-series, we looked at the unusual recent spate of new highs in S&P 500 that occurred on negative NYSE volume. That is, despite the…

U.S. Equity Market Trading Update: Bears Target Tech Stocks

S&P 500 Trading Outlook (2-3 Days): BEARISH I’m more bearish on the NASDAQ Composite (INDEXNASDAQ:.IXIC) than the S&P 500 (INDEXSP:.INX). In fact, the latter could still attempt one more high into early next week before failing. BUT, even if that occurs, upside for the S&P 500 is limited to near…