The bulls had a chance to defang the bearishness hinted at by a sudden and fairly sharp reversal from a couple weeks back. They even did so for a while. But, when push came to shove later in the week, it was the bears doing all of the shoving again to leave stocks in the red for a second week...
The bulls had a chance to defang the bearishness hinted at by a sudden and fairly sharp reversal from a couple weeks back. They even did so for a while. But, when push came to shove later in the week, it was the bears doing all of the shoving again to leave stocks in the red for a second week...
As feared a week ago, the selling continued this past week. All told, the S&P 500 fell 1.6% last week, reversing a rally that ran into some fairly serious technical resistance just a few days earlier. This is what you’d expect the long-overdue to look like at its onset. And yet, it’s still too soon to say that correction is...
As feared a week ago, the selling continued this past week. All told, the S&P 500 fell 1.6% last week, reversing a rally that ran into some fairly serious technical resistance just a few days earlier. This is what you’d expect the long-overdue to look like at its onset. And yet, it’s still too soon to say that correction is...
Following through on the bullish end to the previous week, stocks logged another net winner last week. All told, the S&P 500 advanced 0.7%, while the NASDAQ jumped 2.2%. Both reached new records in the process. And yet, it’s anything but the kind of action the bulls would like to see. Not only has the market now pushed deep into...
Following through on the bullish end to the previous week, stocks logged another net winner last week. All told, the S&P 500 advanced 0.7%, while the NASDAQ jumped 2.2%. Both reached new records in the process. And yet, it’s anything but the kind of action the bulls would like to see. Not only has the market now pushed deep into...
The bulls followed through on the prior week’s reversal effort with last week’s 1.9% advance. Stocks even hit a new record high in the process. Just don’t read too much into the move. Stocks are still vulnerable here, and overvalued as well. The market could keep climbing from here, but it’s going to be tough, and dangerous. There’s also the...
The bulls followed through on the prior week’s reversal effort with last week’s 1.9% advance. Stocks even hit a new record high in the process. Just don’t read too much into the move. Stocks are still vulnerable here, and overvalued as well. The market could keep climbing from here, but it’s going to be tough, and dangerous. There’s also the...
As expected, last week the market bounced back a bit from the major setback suffered two Fridays ago. As feared, it wasn’t much of a bounce (relative to the sheer size of that one-day stumble anyway). It’s just too soon to say things are on the mend. The S&P 500’s 1.8% gain for the week didn’t actually clear any major...
As expected, last week the market bounced back a bit from the major setback suffered two Fridays ago. As feared, it wasn’t much of a bounce (relative to the sheer size of that one-day stumble anyway). It’s just too soon to say things are on the mend. The S&P 500’s 1.8% gain for the week didn’t actually clear any major...
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