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The S&P 500The Federal Reserve has been increasing interest rates as a means to manage inflation by reducing overall demand in the economy. This strategy is intended to stabilize economic conditions....
It was a good day for markets, but it was the Russell 2000 (IWM) that went on a bender, pushing itself out of its scrappy, multi-week base and slicing through its 200-day MA. Not only that, it managed...
After NVIDIA's (NASDAQ:NVDA) astounding AI-fueled earnings results and guidance last week, its valuation briefly vaulted past the $1 trillion mark and Wall Street analysts scrambled to jack up...
It's not exactly textbook, but whenever bears are able to punish markets, they are quickly undone, often by a single day of strong buying. The S&P 500 is an ideal case in point. After trading below...
US Indexes have done well this year despite a negative backdrop And history suggests their good performance is set to continue With that in mind, here are three stocks that Wall Street loves and you...
The biggest technology giants in the US have seen a resurgence in 2023 after a shaky year, driving the S&P 500 gains and increasing their dominance in the index. However, due to this high...
Ten days ago, we found using the Elliott Wave Principle (EWP) for the S&P 500: “As long as last week’s low at $4098 holds, the index can allow for a more direct rally to ideally $4315-4370, reaching...
June is expected to be another volatile month on Wall Street amid a trio of significant market-moving events. Market's focus will be on the U.S. jobs report, CPI inflation data, and the Fed’s...
As one who tracks market sentiment, it still amazes me to watch it develop in real-time. And we see it quite well in the analyst community as well. Let me give you an example. Many analysts have been...
With junior traders likely to be still holding the reigns after the long weekend, it was worrisome to see 'black' candlesticks pop into the charts of the Nasdaq and S&P 500. If there is a bullish...
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