It was over. The bears dealt their blow. There was no way the already-vulnerable market was going to get back up from that one. Then it did. With a healthy recovery effort on Thursday followed by another one on Friday, the bulls dragged the market back above a couple of critical lines in the sand. Both of the indices are...
It was over. The bears dealt their blow. There was no way the already-vulnerable market was going to get back up from that one. Then it did. With a healthy recovery effort on Thursday followed by another one on Friday, the bulls dragged the market back above a couple of critical lines in the sand. Both of the indices are...
There’s a certain school of thought that suggests the stock market proactively tries to frustrate and even confuse as many people as possible most of the time. And, while obviously “the market” is an inanimate idea in and of itself that doesn’t have feelings, opinions, or objectives, the fact that it’s ultimately driven by people that do have feelings, opinions,...
There’s a certain school of thought that suggests the stock market proactively tries to frustrate and even confuse as many people as possible most of the time. And, while obviously “the market” is an inanimate idea in and of itself that doesn’t have feelings, opinions, or objectives, the fact that it’s ultimately driven by people that do have feelings, opinions,...
Stocks ended up hammering out another win last week, but the undeniable lethargy can’t be ignored. The few bulls that were buying in were hesitant to do so. It’s as if they’re hesitant to do so, knowing or sensing a serious challenge is on the horizon. It just needs a catalyst. More to the point for traders trying to make...
Stocks ended up hammering out another win last week, but the undeniable lethargy can’t be ignored. The few bulls that were buying in were hesitant to do so. It’s as if they’re hesitant to do so, knowing or sensing a serious challenge is on the horizon. It just needs a catalyst. More to the point for traders trying to make...
When they needed to the most, the bulls found a way of fighting back. Just don’t read too much into last week’s 3.7% rebound from the S&P 500. Thanksgiving week is usually artificially bullish (last week’s actual volume was increasingly weak), and after three rough weeks before last week, some sort of bounce back could have been expected. The real...
When they needed to the most, the bulls found a way of fighting back. Just don’t read too much into last week’s 3.7% rebound from the S&P 500. Thanksgiving week is usually artificially bullish (last week’s actual volume was increasingly weak), and after three rough weeks before last week, some sort of bounce back could have been expected. The real...
A bullish turnaround still isn’t unthinkable at this point, even if it’s slipping further out of reach. It’s going to take some serious work from the bulls though, and soon. And given the shape, condition, and placement of the indexes after the recent action, it’s unlikely the bulls are going to feel good about diving back in. One more bad...
A bullish turnaround still isn’t unthinkable at this point, even if it’s slipping further out of reach. It’s going to take some serious work from the bulls though, and soon. And given the shape, condition, and placement of the indexes after the recent action, it’s unlikely the bulls are going to feel good about diving back in. One more bad...
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