Back in early 2018, after a dramatic rally in early January 2018, the US stock market collapsed suddenly and violently – falling nearly 12% in a matter of just 9 trading days. Our researchers asked the question, is the current collapse similar to this type of move and could we expect a sudden market bottom to setup? Although there are...
In our last FANG stocks update we warned that these names, as a group, were racing too far ahead of the pack. And, we've pointed out the same with a handful of sector-based and style-based looks of late. Not surprisingly, the overextended names that make up the so-called FANG stocks led last week's tumble. Whereas the S&P 500 fell 11.2%...
In our last FANG stocks update we warned that these names, as a group, were racing too far ahead of the pack. And, we've pointed out the same with a handful of sector-based and style-based looks of late. Not surprisingly, the overextended names that make up the so-called FANG stocks led last week's tumble. Whereas the S&P 500 fell 11.2%...
Our research team wanted to share this chart with our friends and followers. This dramatic breakdown in price over the past 4+ days has resulted in a very clear bearish trigger which was confirmed by our Adaptive Fibonacci Price Modeling system. We believe this downside move will target the $251 level on the SPY over the next few weeks and...
Our research team wanted to share this chart with our friends and followers. This dramatic breakdown in price over the past 4+ days has resulted in a very clear bearish trigger which was confirmed by our Adaptive Fibonacci Price Modeling system. We believe this downside move will target the $251 level on the SPY over the next few weeks and...
Ouch. With two back-to-back drubbings, the S&P 500 is now down a little more than 6% week to date. It's also back to levels not seen since early December. Though the coronavirus got the blame, that wasn't the crux of the selloff. Stocks were vulnerable no matter what. The coronavirus contagion just got the blame. Regardless of the reason, the...
Ouch. With two back-to-back drubbings, the S&P 500 is now down a little more than 6% week to date. It's also back to levels not seen since early December. Though the coronavirus got the blame, that wasn't the crux of the selloff. Stocks were vulnerable no matter what. The coronavirus contagion just got the blame. Regardless of the reason, the...
Over the past 5+ days, a very clear change in market direction has taken place in the US and global markets. Prior to this, the US markets were reacting to Q4 earnings data and minimizing the potential global pandemic of the Coronavirus. The continued “rally to the peak” process was taking place and was very impressive from a purely euphoric...
Over the past 5+ days, a very clear change in market direction has taken place in the US and global markets. Prior to this, the US markets were reacting to Q4 earnings data and minimizing the potential global pandemic of the Coronavirus. The continued “rally to the peak” process was taking place and was very impressive from a purely euphoric...
– The 10-year Treasury note yield also broke below key level of 1.50% on Friday – By Sunny Oh, MarketWatch U.S. Treasury yields extended their weeklong slump on Friday as investors worried that the economic impact of COVID-19 may not be contained to China, and is spilling over into neighboring regions. What are Treasurys doing? The 10-year Treasury note yield...
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