The market managed to make yet-another gain last week… the fifth in a row. But, it’s clearly losing momentum. Then again, now up nearly 12% from its late-October low, it could be expected to pause for a breather here. There is one important red flag worth noting, however. That’s where the S&P 500 as well as the NASDAQ stopped rallying...
The market managed to make yet-another gain last week… the fifth in a row. But, it’s clearly losing momentum. Then again, now up nearly 12% from its late-October low, it could be expected to pause for a breather here. There is one important red flag worth noting, however. That’s where the S&P 500 as well as the NASDAQ stopped rallying...
The Thanksgiving holiday may have kept market activity to a minimum this past week. But, as is usually the case, what little action there was this week leaned in a bullish direction. The S&P 500 closed about 1% higher for the full week on Friday, marking the fourth consecutive week of gains. While the tide may still be moving in...
The Thanksgiving holiday may have kept market activity to a minimum this past week. But, as is usually the case, what little action there was this week leaned in a bullish direction. The S&P 500 closed about 1% higher for the full week on Friday, marking the fourth consecutive week of gains. While the tide may still be moving in...
Another week, another win. The market logged a third consecutive weekly gain last week, with the most recent one accelerating from the prior one’s slower pace. Thanks to last week’s 2.2% advance, the S&P 500 is now 9.7% above its late October low. That’s a lot of ground to cover in that short amount of time. The scope of this...
Another week, another win. The market logged a third consecutive weekly gain last week, with the most recent one accelerating from the prior one’s slower pace. Thanks to last week’s 2.2% advance, the S&P 500 is now 9.7% above its late October low. That’s a lot of ground to cover in that short amount of time. The scope of this...
Two weeks ago the market was hanging on for dear life. One week ago stocks were knocking on the door of a bullish breakout. Now, the stock market is above the last of any prospective technical ceilings. That’s how quickly things can change in this game. Now what? Well, as was noted, the market really is breaking out. On the...
Two weeks ago the market was hanging on for dear life. One week ago stocks were knocking on the door of a bullish breakout. Now, the stock market is above the last of any prospective technical ceilings. That’s how quickly things can change in this game. Now what? Well, as was noted, the market really is breaking out. On the...
Wow. What a week! The S&P 500 rallied 6.0% over the course of the past five trading days, marking the index’s best week since June… of 2022. The bulls didn’t even hesitate to sharply and decidedly reverse the downtrend well underway the week before. As the old adage goes though, if it seems too good to be true, then it...
Wow. What a week! The S&P 500 rallied 6.0% over the course of the past five trading days, marking the index’s best week since June… of 2022. The bulls didn’t even hesitate to sharply and decidedly reverse the downtrend well underway the week before. As the old adage goes though, if it seems too good to be true, then it...
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