Since the December low, the marketwide rally has swept most stocks higher with it… pretty evenly, in fact. Now approaching the four-month mark for the advance, however, we're finally starting to see some major divergences. That is, some sectors are remaining in a bullish mode, while others are reversing course. These trends are worth a closer look if only because...
Since the December low, the marketwide rally has swept most stocks higher with it… pretty evenly, in fact. Now approaching the four-month mark for the advance, however, we're finally starting to see some major divergences. That is, some sectors are remaining in a bullish mode, while others are reversing course. These trends are worth a closer look if only because...
Without too much attention from traders, the SPY and QQQ are racing to attempt to establish new all-time highs in what may become the most exciting Spring/Summer breakout rally of the past 3 years. While many other symbols are still flirting with November/December 2018 highs, the SPY and QQQ are both showing upside price gaps last week indicating a moderately...
Without too much attention from traders, the SPY and QQQ are racing to attempt to establish new all-time highs in what may become the most exciting Spring/Summer breakout rally of the past 3 years. While many other symbols are still flirting with November/December 2018 highs, the SPY and QQQ are both showing upside price gaps last week indicating a moderately...
Stocks were overbought headed into the beginning of last week, but investors didn't care. Thanks to last week's 0.5% advance (all of which, and more, was reaped on Friday), the S&P 500 is now up 23.7% from December's low. That's one of the biggest sixteen-week gains on record. Stocks have been more overbought before. Indeed, they were more overbought even...
Stocks were overbought headed into the beginning of last week, but investors didn't care. Thanks to last week's 0.5% advance (all of which, and more, was reaped on Friday), the S&P 500 is now up 23.7% from December's low. That's one of the biggest sixteen-week gains on record. Stocks have been more overbought before. Indeed, they were more overbought even...
Our research team, at Technical Traders Ltd. alerted us to a Fibonacci technical pattern that is setting up in the US stock market right now. This pattern suggests that volatility will increase dramatically over the next few days/weeks as intra-day price action suggests deeper sideways price action may continue. One of the key benefits of our proprietary Fibonacci price modeling...
Our research team, at Technical Traders Ltd. alerted us to a Fibonacci technical pattern that is setting up in the US stock market right now. This pattern suggests that volatility will increase dramatically over the next few days/weeks as intra-day price action suggests deeper sideways price action may continue. One of the key benefits of our proprietary Fibonacci price modeling...
– Elliott Wave theory suggests stocks could extend gains if the S&P 500 breaks through 2,915 points – By Avi Gilburt, MarketWatch In fall 2018, when I was warning about a 20%-30% correction I foresaw in the stock market, I also warned that within that "correction," the market could make a new all-time high. It may still do so, with...
– Elliott Wave theory suggests stocks could extend gains if the S&P 500 breaks through 2,915 points – By Avi Gilburt, MarketWatch In fall 2018, when I was warning about a 20%-30% correction I foresaw in the stock market, I also warned that within that "correction," the market could make a new all-time high. It may still do so, with...
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