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...
– 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...
The tepid bullish start to last week ended downright bearishly, with Friday's decided stumble even worse than Thursday's setback. Lingering coronavirus got the bulk of the blame, and (probably) rightfully so. But, it wasn't a terribly tall order to tip stocks over. They were already overextended. Yet, as rough as things were as the week wound down, the broad uptrend's...
The tepid bullish start to last week ended downright bearishly, with Friday's decided stumble even worse than Thursday's setback. Lingering coronavirus got the bulk of the blame, and (probably) rightfully so. But, it wasn't a terribly tall order to tip stocks over. They were already overextended. Yet, as rough as things were as the week wound down, the broad uptrend's...
In the first section of this article, we highlighted three key components/charts illustrating why the “rally to the peak” is very likely a result of a continued Capital Shift away from risk and into the US stock market as an attempt to avoid foreign market growth concerns. This method of pouring capital into the US stock market is a process...
In the first section of this article, we highlighted three key components/charts illustrating why the “rally to the peak” is very likely a result of a continued Capital Shift away from risk and into the US stock market as an attempt to avoid foreign market growth concerns. This method of pouring capital into the US stock market is a process...
It's not exactly a centerpiece of the typical trader's repertoire. In fact, even to most investors willing to stick with stocks for the long haul, the importance of valuation is questionable. There are extreme cases where a market's valuation reaches such an extreme, however, where nobody can afford to ignore fundamentals. This is one of those times, with the S&P...
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