Stock Market Analysis & Opinion

Tesla's (NASDAQ:TSLA) stock price has continued to underperform the market in December after losing nearly 15% in November. The electric vehicle (EV) maker’s shares are now on their way to...

The past five days have seen another strong wave of selling across tech and growth stocks.Even more alarming is that tech stocks continue to underperform the broader market. And, as I have said...

Despite a 30% decline from the highs, Microsoft stock still looks somewhat expensive But the company is managing through a slump in PC sales; the long-term outlook remains solid Sheer size limits the...

It's often said that stocks perform well in January as new money enters the market Small caps often enjoy bullish price action With a recent bearish January trend, however, the start of 2023 will be...

Yet another week of head-scratching was seen in the market this past week. The CPI came in lower than the prior report, and the market rallied strongly through the lower resistance region I outlined...

After a huge fall in September, ADBE continues to retake lost ground Fiscal Q4 earnings and fiscal 2023 guidance look reasonably solid amid a tougher macroeconomic environment Adobe stock isn’t...

Concerns about a potential recession and weaker profit margins in the industry are hampering bank shares in the S&P 500 The SPDR S&P Bank ETF (KBE) has completed a symmetrical triangle,...

Friday's quadruple witching of options expiration made it difficult to confirm the significance of the day-trading action. Some indexes continue to work with the same areas of support from previous...

Last week (see here), we found for the Nasdaq 100 (NDX) using the Elliott Wave Principle (EWP): "We are most likely dealing with an irregular expanded flat, a 3-3-5 pattern, the decline from the...

DOCU has roared 35% in three trading sessions following a strong Q3 earnings report But both valuation and growth remain a concern There was an opportunity to get DOCU on the dip; that opportunity...

The Federal Reserve delivered another rate hike this week and signaled further tightening in 2023 as it tries to bring down inflation. Higher rates will lead to further market turmoil, especially in...

This week's sell-off has produced major technical damage to the S&P 500, the Dow, and the Nasdaq In the near term, US indexes appear somewhat oversold Still, the Dow could underperform moving...

Stocks struggled with overhead resistance for the past week. While seasonal trends usually favor a year-end rally, this year’s rally may already have finished.January will be the month to watch....

Tuesday's 'black' candlesticks were the red flag for bulls - as often they are - when the sizable opening gaps were quickly pegged back, and in the days that followed, bears were able to continue...