Stock Markets Analysis & Opinion

Coinbase (NASDAQ:COIN) is making a strong and impulsive rally away from the lows, which should be completed by a five-wave bullish cycle from the Elliott wave perspective. We have seen some slowdown...

I never thought I’d see the day when “yen carry trade” was splashed across the financial news. But here we are. We talked about this weird setup, and how it sparked the August 5 market crash, in...

Microsoft's shares sold off hard through the end of July and the start of August. The stock’s RSI fell to its lowest level in nine years, showing how oversold it was. Shares are recovering; we...

US stocks have continued to recover with inflation cooling slightly. Amid this rebound, opportunities lie in the tech sector, where stocks could be gearing up to erase previous losses. In this...

NVIDIA is still down from its highs but shows a strong buy signal ahead of earnings. Analysts continue to raise their estimates and price targets, leading the market to a new high. Earnings are...

Following the inflation data, speculation on the Fed's next moves, recession fears, and calls for a soft landing, I'm craving simplicity. By turning to my Economic Modern Family, I've found two...

Three stocks are making the headlines today: Alphabet (NASDAQ:GOOGL), Cardinal Health (NYSE:CAH), and Kellanova (NYSE:K) are each experiencing notable shifts in their market positions due to various...

This week brought positive macro news. Wednesday’s Consumer Price Index (CPI) report from the Bureau of Labor Statistics showed 2.9% annualized inflation for July, the lowest since March 2021. On a...

As long-time readers are no doubt aware, I spend a healthy amount of my day trying to decipher the drivers of the daily market action. In short, whenever markets start to move quickly, I make it my...

The rally in US indexes passed an important milestone on Tuesday, greatly increasing the chances of ending the market correction that took place in the second half of July and early August.US indexes...

The July CPI report showed headline annual inflation rising 2.9%, the lowest since March 2021. The data could give the Fed the confidence to begin laying out the carpet for an outsized rate cut in...

Betting against the US stock market has been a losing trade in relative terms in recent years and from a top-down down perspective it’s not obvious that’s about to change. But carving up the global...

Let’s talk about recession-resistant dividends because, if history is any guide, we are certainly “on the clock” for a slowdown if not already in one. Here at Contrarian Outlook we have been...

The S&P 500 index is not far from two technical resistance levels – a trendline connecting lower highs and the highest Fib of the ongoing rebound from the crash. Original Post