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The market rallied on yesterday as volatility, and the dollar fell sharply. The VIX dropped to 21ish yesterday and almost filled the gap created on Aug. 19. Despite the bullish day, the one...
Yesterday was the kind of day which doesn't show up in many scans, but it was one where bulls hold the advantage. Bullish accumulation further confirmed the positive nature of yesterday's action. Any...
US equities saw a bounce in another low-volume session as markets entered full holiday mode. Indeed the S&P 500 is up over 1% ahead of the Thanksgiving holiday on Thursday. The clear read-through...
Home Depot (NYSE:HD) rose yesterday by 1.15% to a three-month high. The Dow Jones, where the stock is listed, declined 0.13% despite the fact the home improvement retailer accounts for 6.2% of the...
The FTX saga and Sam Bankman-Fried's illegal and extremely unethical actions capture much of the financial press’s attention right now. For good reason. The real-life story has echoes of...
OPEC+ seems headed for output cut on Dec. 4 Top oil importer China COVID problem as troubling as 2020 Oil market finding it hard to decide which is bigger issue With less than two weeks before its...
The market had a relatively quiet day as investors look to the Thanksgiving holiday. Stocks did end lower on Monday, with the QQQs declining 1.1%. DIA lost 0.06% yesterday. As seen in the chart above,...
US equities had a lacklustre start to the holiday-shortened week, with headline indices grinding lower as growth underperformed. China moving away from its zero-Covid policy will not happen in a...