Right on Cue, Stocks’ Rally Stalls on Tuesday

Following through on the bullishness that materialized on Friday of last week, the market logged a third consecutive daily win on Tuesday. The win, however, is tainted. Stocks started to struggle right at major technical resistance we all should have seen coming. Take the S&P 500 as an example. The index finally fought its way above the 20-day moving average...

Weekly Market Outlook – Nice Week, But Stocks Aren’t Out of The Woods Yet

Things were touch-and-go for most of the week, with the market poised log its fifth weekly loss in a row early Friday. Then something jolted the bulls into action. The S&P 500 rallied an impressive 1.18% on Friday, leading stocks a much-needed weekly win. Don’t pop the corks on the champagne bottles just yet, however. We had every reason to...

Weekly Market Outlook – Nice Week, But Stocks Aren’t Out of The Woods Yet

Things were touch-and-go for most of the week, with the market poised log its fifth weekly loss in a row early Friday. Then something jolted the bulls into action. The S&P 500 rallied an impressive 1.18% on Friday, leading stocks a much-needed weekly win. Don’t pop the corks on the champagne bottles just yet, however. We had every reason to...

Tuesday’s Tumble Pushes the Market to The Brink, and Maybe Past It

The stock market’s been on thin ice for a while. Tuesday’s selloff brings it back within striking distance of more serious trouble. Indeed, by some measures it may already be past its breaking point. But first things first. In this past weekend’s Weekly Market Outlook we pointed out the S&P 500 was close to testing a key support level around...

Tuesday’s Tumble Pushes the Market to The Brink, and Maybe Past It

The stock market’s been on thin ice for a while. Tuesday’s selloff brings it back within striking distance of more serious trouble. Indeed, by some measures it may already be past its breaking point. But first things first. In this past weekend’s Weekly Market Outlook we pointed out the S&P 500 was close to testing a key support level around...

Monday’s Gain Was Really, Really Weird

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...

Monday’s Gain Was Really, Really Weird

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...

Tuesday’s Tumble Changes Everything

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,...
BECOME A BIG TRENDS INSIDER! IT’S FREE!