Stocks were rebounding late last week. But, it was a feeble effort… too weak to actually drag the market back into the black for the holiday-shortened stretch. It was the first losing week in the past three, and while both of the indices only suffered nominal losses, where and how they stopped climbing is concerning. The S&P 500 as well...
Stocks were rebounding late last week. But, it was a feeble effort… too weak to actually drag the market back into the black for the holiday-shortened stretch. It was the first losing week in the past three, and while both of the indices only suffered nominal losses, where and how they stopped climbing is concerning. The S&P 500 as well...
If you’ve been trading for a while you’ve almost certainly heard it before – September is a lousy month for the market. And, broadly speaking, it’s true. The S&P 500 logs an average loss of 0.8% in the ninth month of the year, making it one of only four months of the year the market is more likely to suffer...
If you’ve been trading for a while you’ve almost certainly heard it before – September is a lousy month for the market. And, broadly speaking, it’s true. The S&P 500 logs an average loss of 0.8% in the ninth month of the year, making it one of only four months of the year the market is more likely to suffer...
With this past weekend’s Weekly Market Outlook we cautioned a pullback was possible, even if it wasn’t going to go anywhere. Things are proceeding according to that prospective plan. As was also noted as a possibility though, the weakness had a great chance of being short-lived. We’re seeing that too. Take a look at the daily chart of the S&P...
With this past weekend’s Weekly Market Outlook we cautioned a pullback was possible, even if it wasn’t going to go anywhere. Things are proceeding according to that prospective plan. As was also noted as a possibility though, the weakness had a great chance of being short-lived. We’re seeing that too. Take a look at the daily chart of the S&P...
— Oil prices are way more important than the Federal Reserve right now — By Michael A. Gayed, Investorplace Source: stockwars / Shutterstock.com Personally, I’m tired of the focus on Jerome Powell and the Federal Reserve. We just went through the fastest rate hike cycle in history, and any incremental rate hikes now matter far less than the lagged effects...
Stocks logged a pretty big win last week, with the S&P 500 gaining 2.5% when all was said and done. It was the second weekly win in a row, reversing a rather rough three-week selloff. And, last week as the bigger win of the two, suggesting acceleration to higher highs. Don’t be too quick to jump to that conclusion, however....
Stocks logged a pretty big win last week, with the S&P 500 gaining 2.5% when all was said and done. It was the second weekly win in a row, reversing a rather rough three-week selloff. And, last week as the bigger win of the two, suggesting acceleration to higher highs. Don’t be too quick to jump to that conclusion, however....
Earlier in the week we talked about the importance of seeing shapes in and on stock charts. Just as important is seeing and understanding the shape a single bar. That is today, the any bar’s (one single day, on a daily chart) open, high, low, and close can tell you a good deal about what’s likely to happen next. When...
