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...
The worst day in weeks led to the worst week in months. Specifically, Friday’s 2.7% stumble from the S&P 500 left it at a loss of 2.4% for the five-day stretch… the worst week since early April, right before the market hit bottom and began an incredible rally. That’s unlikely this time around though. Then, the market had the advantage...
The worst day in weeks led to the worst week in months. Specifically, Friday’s 2.7% stumble from the S&P 500 left it at a loss of 2.4% for the five-day stretch… the worst week since early April, right before the market hit bottom and began an incredible rally. That’s unlikely this time around though. Then, the market had the advantage...
The market managed to dial back any doubt about its bigger-picture rally following the small setback from a couple weeks ago. Last week the S&P 500 advanced nearly 1.1%, making another record high in the process. The NASDAQ Composite, meanwhile, was up a little more than 1.3%, also touching a new all-time high. No real surprises there. As we noted...
The market managed to dial back any doubt about its bigger-picture rally following the small setback from a couple weeks ago. Last week the S&P 500 advanced nearly 1.1%, making another record high in the process. The NASDAQ Composite, meanwhile, was up a little more than 1.3%, also touching a new all-time high. No real surprises there. As we noted...
The market just suffered its first losing week in the past eight. And yet, the bigger trend is still bullish. It may be even more bullish now than it was as of a week earlier, in fact, in light of where the bulls drew their lines in the sand last week. Some older and well-established technical support lines continue to...
The market just suffered its first losing week in the past eight. And yet, the bigger trend is still bullish. It may be even more bullish now than it was as of a week earlier, in fact, in light of where the bulls drew their lines in the sand last week. Some older and well-established technical support lines continue to...
It took a little while to decide, but after thinking about it for a day, traders finally decided to get (back) on the bullish bandwagon. The S&P 500 gained another 1.2% last week to mark the third weekly win in a row. It’s also now deep into record-high territory, defying the calendar as well as the fact that valuations have...
It took a little while to decide, but after thinking about it for a day, traders finally decided to get (back) on the bullish bandwagon. The S&P 500 gained another 1.2% last week to mark the third weekly win in a row. It’s also now deep into record-high territory, defying the calendar as well as the fact that valuations have...
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