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Friday was a bit of a mixed bag. It was good to see the S&P 500 breakout, but it also coincided with a Russell 2000 (IWM) that closed on a 'black' candlestick at downward channel resistance. In...
• Trump inauguration, Q4 earnings season will be in focus in the holiday-shortened week ahead. • With its transformative business model and clear growth trajectory, Netflix looks like a compelling...
For those new to our Elliott Wave Principle-based analyses and as a reminder to our regular readers, we have been tracking an ending diagonal (ED) pattern for the Nasdaq 100 for several months, and...
US stocks faced pressure as tech leaders underperformed, highlighting cautious market sentiment. Retail sales data added to investor caution amid a volatile week. Futures hint at a rebound as...
After the day before yesterday's big gains, it was always going to be hard for markets to continue in the same vein. All markets are near 20-day MAs, with the Russell 2000 (IWM) just above this key...
Stocks finished lower on the day, with the S&P 500 dropping by 21 bps and the NASDAQ 100 falling by about 70 bps. Still, the markets were more settled now that the S&P 500 moved back into...
There were early signs of recovery for some markets, but now all lead markets are showing net bearish technicals. If you are a trading bull looking for silver linings, the Russell 2000 (IWM)...
Analyzing rising VIX, potential market volatility, and key economic indicators. Stock index futures down, led by Nasdaq. Commodities mixed with crude oil up 2%, gold down. Bitcoin slides $3,000...
“Speculation has run amok on Nasdaq,” writes Helene Meisler. “And it’s not as though the speculation stops at the stocks themselves. It veers right into options land as well.” Of course, options...
We are biased by the stock market’s bullish bias. We tend to be permabulls because bear markets are infrequent and are usually relatively short compared to bull markets, which tend to last for some...
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