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After a positive Monday, U.S. indexes traded mostly sideways yesterday as the bears succeeded in preventing a broader follow-through rally. There was a decent buying volume and a more modest volume of...
The marker is now in the heart of the corporate earnings reporting season. Traders will soon be digesting big tech’s fourth-quarter profits, as well as a Federal Reserve meeting and monthly jobs...
It was an earlier-than-expected but welcome rally that closed the week out with indexes exhibiting bullish technicals and looking in good shape, even if it's a bit of a slow burn. The Nasdaq 100 has...
After a positive start to the year, U.S. indexes suddenly found themselves under a heavy bear attack this week. Yesterday, the hardest hit was the Dow Jones Industrial Average as it fell below the...
The US stock market dropped on WednesdayYesterday has been a negative day for Wall Street.All three major indexes have closed in a loss.The S&P 500 closed at -1.56%, the Nasdaq ended the trading...
A pause in the New Year rally kept things on track without confirming any trends. The Nasdaq 100 had the best performance among major indexes, but, really, there wasn't much in it for any of the...
It’s too early in the new year to draw hard conclusions, but the initial results for 2023 through the first half of January show a broad-based rally in most equity factors led by so-called high...
There will be a lot of data this week, and perhaps more critically, Lael Brainard speaks on Thursday. Now, typically Jay Powell is the most important when it comes to Fed speakers. But Brainard is the...
Markets edged towards a breakout in another day of buying. Buying volume was down on Thursday, but indexes are only a day or two away from significant breakouts. The Russell 2000 (IWM) made strong...
Happy New Year, everyone. The "Santa Rally" I mentioned in my last update on December 22, 2022 (see here) gave us an +0.80% return. When the index finishes the first five trading days of a year...
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