In sports, an ugly win is still a win. The same goes for the market. Even so, an ugly win like Monday’s is worth exploring. It suggests something is wrong is with market, even if stocks didn’t technically “lose” the day. And in this case, there are two things potentially wrong with the bullish effort. The first red flag is...
In sports, an ugly win is still a win. The same goes for the market. Even so, an ugly win like Monday’s is worth exploring. It suggests something is wrong is with market, even if stocks didn’t technically “lose” the day. And in this case, there are two things potentially wrong with the bullish effort. The first red flag is...
Trying as hard as it could, the market just couldn’t work its way back into the black for the week on Friday. The bulls gave up on the effort mid-day, in fact, dragging the S&P 500 to a loss of 0.27% for the day, and leading to a loss of 0.7% for the week. It was the fourth losing week...
Trying as hard as it could, the market just couldn’t work its way back into the black for the week on Friday. The bulls gave up on the effort mid-day, in fact, dragging the S&P 500 to a loss of 0.27% for the day, and leading to a loss of 0.7% for the week. It was the fourth losing week...
As of Monday, the market still had a fighting chance at bouncing back from its recent weakness before slipping into a heap of trouble. After Tuesday’s drubbing though, the market’s in much more serious trouble. The daily chart of the NASDAQ Composite illustrates part of the reason why. On Monday it looked as if last month’s low of 13,157 (yellow,...
As of Monday, the market still had a fighting chance at bouncing back from its recent weakness before slipping into a heap of trouble. After Tuesday’s drubbing though, the market’s in much more serious trouble. The daily chart of the NASDAQ Composite illustrates part of the reason why. On Monday it looked as if last month’s low of 13,157 (yellow,...
ADM stock price decreased 4.41% over the past week and the current price is below major EMA's and declining. Archer-Daniels-Midland Company (NASDAQ: ADM) stock's 52-week price range is between $69 – $98. By Adarsh Singh, The Coin Republic Archer-Daniels-Midland Company (ADM) stock's market capitalization is $41.269 Billion and the shares float is $532.058 Million. Moreover, the stock's basic EPS is...
Another week, another loss, with this one being much bigger than the previous one. All of the indices have now broken below key technical floors, and some of them are on the verge of falling under some more. The best thing going for stocks right now? The stumble was so big that it sets the stage for a dead-cat bounce...
Another week, another loss, with this one being much bigger than the previous one. All of the indices have now broken below key technical floors, and some of them are on the verge of falling under some more. The best thing going for stocks right now? The stumble was so big that it sets the stage for a dead-cat bounce...
The possibility’s been on the radar for a few days. Now it’s a reality. The market’s key indexes are below their short-term dividing lines, and testing their next support levels. If these fail as well, it opens the door to even more selling. Take a look at the daily chart of the NASDAQ Composite to see one of these tests....
