Another week without any real progress outside of what’s now become a very narrow trading range. We would have hoped/expected some catapult-like action out of it by now. But, no such luck. Still, the ultimate impact of the lack of net action is an even more explosive move once one side of the table or the other finally commits. And,...
Another week without any real progress outside of what’s now become a very narrow trading range. We would have hoped/expected some catapult-like action out of it by now. But, no such luck. Still, the ultimate impact of the lack of net action is an even more explosive move once one side of the table or the other finally commits. And,...
The market tried to bounce back from Tuesday’s horrendous tumble, even inching its way out of the red and back into the black after Friday’s intraday dip. Even with that effort though, it still wasn’t quite enough to get stocks back in the black for the week. Worse than that, Tuesday’s big plunge did some damage that won’t be easy...
The market tried to bounce back from Tuesday’s horrendous tumble, even inching its way out of the red and back into the black after Friday’s intraday dip. Even with that effort though, it still wasn’t quite enough to get stocks back in the black for the week. Worse than that, Tuesday’s big plunge did some damage that won’t be easy...
The bulls tried, but when all was said and done, they just didn’t make the progress they needed to make last week. That doesn’t mean the bears did either. In fact, although the S&P 500 as well as the NASDAQ Composite both ended up suffering a slight loss last week, both are also still finding technical support right where they...
The bulls tried, but when all was said and done, they just didn’t make the progress they needed to make last week. That doesn’t mean the bears did either. In fact, although the S&P 500 as well as the NASDAQ Composite both ended up suffering a slight loss last week, both are also still finding technical support right where they...
The market made bullish progress for the first full trading week of the new year, reversing the previous holiday-split week’s pullback. The S&P 500 technically reached a new record high, in fact, and closed at a record-high close on Friday as well. Impressive. Just don’t read too much into last week’s gains though. The NASDAQ isn’t following suit, and it’s...
The market made bullish progress for the first full trading week of the new year, reversing the previous holiday-split week’s pullback. The S&P 500 technically reached a new record high, in fact, and closed at a record-high close on Friday as well. Impressive. Just don’t read too much into last week’s gains though. The NASDAQ isn’t following suit, and it’s...
A couple weeks ago (during Christmas week) the S&P 500 fought its way to a new record high. But, it was a suspiciously-difficult effort, and seemingly remained vulnerable to long-overdue profit-taking. Thanks to last week’s seemingly-modest loss, is back on the verge of a major breakdown that — once it gets going — could prove very difficult to stop before...
A couple weeks ago (during Christmas week) the S&P 500 fought its way to a new record high. But, it was a suspiciously-difficult effort, and seemingly remained vulnerable to long-overdue profit-taking. Thanks to last week’s seemingly-modest loss, is back on the verge of a major breakdown that — once it gets going — could prove very difficult to stop before...
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