It's not enough to say with absolute certainty that stocks are out of the woods. But, last week's gains during the holiday shortened week were certainly enough to hint that the prior week's weakness wasn't necessarily on omen of things to come. More than anything though, stocks remain beholden to COVID-19 news even if that didn't seem to be much...
– No momentum, no progress and, perhaps worst of all, no clear narrative, these surprisingly bullish analysts find – By Andrea Riquier, MarketWatch Are stocks going to go up or down? Yes. Should you be risk-on or risk-off? Yes. Will COVID-19 headlines continue to batter the market, keeping uncertainty high and assets moving violently back and forth? An even more...
– No momentum, no progress and, perhaps worst of all, no clear narrative, these surprisingly bullish analysts find – By Andrea Riquier, MarketWatch Are stocks going to go up or down? Yes. Should you be risk-on or risk-off? Yes. Will COVID-19 headlines continue to batter the market, keeping uncertainty high and assets moving violently back and forth? An even more...
– This year, however, might be a different story – We're at the halfway point of the year, and what a wild year it's been so far! Stocks reacted horribly to worries about the coronavirus in February and March, but traders have shrugged that fear off in the meantime. The market isn't where it would normally be this time of...
– This year, however, might be a different story – We're at the halfway point of the year, and what a wild year it's been so far! Stocks reacted horribly to worries about the coronavirus in February and March, but traders have shrugged that fear off in the meantime. The market isn't where it would normally be this time of...
One of the most telling patterns in Gold over the past 6+ months has been the “washout low” price rotation pattern after establishing a momentum price base. It seems as though every time Gold completes one of the moderate-low price rotations, as we call it a “washout low rotation”, it sets up for a new momentum rally to a new...
One of the most telling patterns in Gold over the past 6+ months has been the “washout low” price rotation pattern after establishing a momentum price base. It seems as though every time Gold completes one of the moderate-low price rotations, as we call it a “washout low rotation”, it sets up for a new momentum rally to a new...
It wasn't pretty, but it was enough. Stocks managed to hold their ground long enough through the first four days of last week to remain "in the hunt" for a renewal of the breakout effort. Then on Friday, the effort buckled. The indices all pulled below pivotal lines in the sand, ending the week on the wrong side of them....
It wasn't pretty, but it was enough. Stocks managed to hold their ground long enough through the first four days of last week to remain "in the hunt" for a renewal of the breakout effort. Then on Friday, the effort buckled. The indices all pulled below pivotal lines in the sand, ending the week on the wrong side of them....
In the first part of this research article, we briefly discussed the recent price and global economic events related to the 2018 to 2020 US stock market volatility and the COVID-19 virus event. The premise of this research post was to highlight the current upside parabolic price trend that initiated shortly after the 2015~16 US election cycle event. It is...
