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Monday's action had looked to provide some security for bulls, but then bears came in with gusto and closed the day with bearish engulfing patterns for the Nasdaq and S&P 500 and a big red...
a Republic Bank, announced that on March 17, 2023, following the filing of the Company’s Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2022, the Company received...
Friday was a sticky finish for markets, Monday managed to make back some of this lost ground, and today delivered a breakout in the S&P 500. I had talked over the weekend about the risk of a...
The market is betting that we have reached a peak in terms of rate hikes and that from here looser monetary policy should follow.
Tricky times for markets, but for the Russell 2000 in particular. Since the start of the Silicon Valley Bank crisis, we have seen a rapid deterioration in the state of the markets, and the...
After a volatile few days, indexes have managed to stage a recovery, with some indexes doing better than others. The Nasdaq returned above support while breaking resistance from a bull flag. Volume...
Fear of Bank contagion following the collapse of SVB, stronger-than-expected NFP data, and hawkish rhetoric from Fed Chair Jerome Powell have combined to sink stock markets and short-term US treasury...
This week promises to be interesting with the release of CPI, PPI, and retail sales data. In addition, there was news about the FDIC taking over SVB Financial Group on Friday. Although details are...
Given the severity of the SVB-inspired sell-off in the indices, I am highly skeptical about the validity of the recovery bounce over the last two days. Buying volume is down and has so far failed to...
A potential area for support and buyers was quickly undone by the panic generated by the collapse of the Silicon Valley Bank (NASDAQ:SIVB). While I tend to go with technicals over fundamentals, this...
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