S&P 500 Downswing Delayed by One Day? Probably Not.
Stocks had the perfect excuse to decline based on Fed’s guarded tone and no yield curve control around the corner … Read more
Stocks had the perfect excuse to decline based on Fed’s guarded tone and no yield curve control around the corner … Read more
The good-bye kiss of the line connecting the early June highs indeed meant no farewell at all. Stocks rose in … Read more
Even after yesterday’s rebound, the S&P 500 keeps trading merely at the early June highs. Is this just a reflexive … Read more
The S&P 500 closed farther from the early June highs than the day before. The bull is telling us it … Read more
Three doji days in a row, and yet the S&P 500 action is telling. After breaking above the mid-June highs, … Read more
Wednesday and yesterday are two uneventful doji days. Wrong! The quiet breakout above the mid-June highs just got confirmed, meaning … Read more
We got that extension of Friday’s rally on Monday, as I called for. Vaccine hype news. Good for bulls with … Read more
Wednesday’s efforts to break above the mid-June highs got thoroughly tested yesterday, and the stock bulls barely managed to stage … Read more
Since Monday’s premarket open, the S&P 500 was steadily rising before stabilizing above the mid-June tops. While the index comfortably … Read more
The only time the bears appeared during yesterday’s trading, was at the very U.S. open. A steady move higher followed, … Read more
After a slight hesitation in yesterday’s premarket, the S&P 500 hasn’t much looked back since. And importantly, the credit markets … Read more
Helped by the financial sector headlines, stocks reversed higher yesterday – is the downside move drawing to a close? It … Read more
Monday’s session brought us the anticipated downside, but stocks reversed to close solidly higher. Has this been it, and the … Read more
How close to its end is this S&P 500 consolidation are we – will the rebound meet its spark? Yesterday’s … Read more
With yesterday’s hefty gains taken off the table, and a new profitable position that has them secured already, will the … Read more