Tag: stock chart analysis
U.S. Equities Outlook Strengthens on Resilience; Updated Price Targets
In today's post, I share some high level insights on the U.S. stock market indices and important sectors.
Several are tied to an annotated chart...
Small Cap Stocks Rally Strengthens… But Triple Resistance Looms!
Russell 2000 Index "weekly" Chart
The Russell 2000 Index INDEXRUSSELL: RUT lagged the broader S&P 500 Index for much of the recovery rally off the...
Square Stock (SQ) Rallies on Report of M&A Activity in the...
Square (SQ) Weekly Chart
On Tuesday, Bloomberg reported that Western Union (WU) is looking to acquire MoneyGram International (MGI).
MGI rallied 30% on the day.
This news...
Inside the Stock Market Rally: A Short-Term Outlook for Leading Industry...
During long-term bull markets (decades), shorter-term advances during the cycle expansions (often 2-4 years in duration) rise to a minor deviation from the long-term...
ETF Investing Market Update: Is It Time to Prune in June?
Now that “sell in May” did not work out so good for the bears, what will June hold for both the bulls and the...
Pfizer (PFE) Sells Off as Drug Trial Halted – Where’s The...
Pfizer NYSE: PFE Weekly Chart
On Friday, Pfizer (PFE) announced they had halted a Phase 3 breast cancer drug trial as the results were unlikely...
Back to the Future: When Will Energy and Financial Stocks Matter?
In most bull markets, stock market sectors like Energy and Financials matter. Meaning, they are performing in-line (or sideways) as the stock market rises...
Is the Recent Stock Market Rally a Sign of Strength or...
Key Stock Market Takeaways:
- Strength that fails to overcome weakness can lack follow through
- Evidence suggests bear market has run its course
- Additional breadth thrusts can fuel...
Nordstrom Surges on Macy’s Plan to Raise Cash But Cycles Forecast...
Nordstrom (JWN) Chart
On 5/26/2020, Macy’s (M) announced a plan to sell $1.1B in debt backed by some of its real estate properties.
The company said...
Important Nasdaq Stock Market Ratio Reverses Lower From 2000 Highs
Nasdaq 100 Index to Nasdaq Composite "Ratio" Chart
Tech stocks have been the clear leader of the stock market recovery rally.
But within the ranks of...