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A few weeks ago, most pundits in the financial media had declared that the bear market was over. If nothing else, they insisted, we had already seen the bearish lows.They were wrong about the bear...
Thursday was another rough session for S&P 500 as the index shed an additional 1.3%. So much for the post-Labor Day rebound. But this wasn’t a surprise for readers of this free blog. As I...
I have been bearish on Amazon (NASDAQ:AMZN) since March despite its solid fundamentals because of the technicals.I repeated that call in July, and then on August 1 I braved a short-term bullish call,...
Longtime readers of this column know that I do not put much faith in models or forecasts. Indeed, the more complicated the model and the longer term required by the prediction, the more inaccurate it...
Deal to avert potential strike sent gas rallying with coal Gas prices reach session low under $8.50 after Wednesday close of $9.11 Record US gas output and limited weather support could push market...
September 14 was dull, with the S&P 500 trading between 3,910 and 3950. However, it has given the index an appearance of a consolidation day, and while it doesn’t have to, the day after the...
The Census Bureau will release the August US retail sales report at 8:30am ET (12:30 GMT) today.What are traders expecting from US retail sales?Traders and economists are expecting headline retail...
Forget about yesterday's non-action, the damage was done on Wednesday on a significant escalation in volume. Yesterday was just a pause in that selling. Optimists might see yesterday's performance as...