Stock Markets Analysis & Opinion

It was not a great day for my day-trading experiment as I got stopped out of my Russell 2000 long position. Still, it was the Russell 2000 that banked the best gain of the day.Buying volume was below...

Here’s a table that Refinitiv publishes only occasionally, but it’s valuable since it gives perspective on the S&P 500 sector’s market cap weight in the benchmark, versus that...

The S&P 500 added 0.2% on Monday, notching yet another record close.As good as that sounds, the intraday price action was fairly disappointing. The index was up over 0.5% in the first hour of...

In our previous update, see here; we presented three Elliott Wave Principle (EWP) options for the S&P 500. either a long-term top (blue W-B) and set course for $2700-3500 or a drop to ideally...

It took a while (as in over 500 days), but the S&P 500 and Dow Jones finally managed to close at a fresh all-time high on Friday. While the bears may argue that the so-called "breakout" must prove...

Although cyclical, semiconductor sector demand keeps rising. Which chip suppliers will power the future? Over the week, the Philadelphia Semiconductor Index (SOX) went up 8.12%. The index is weighted...

Regional banks and economic data add to market jitters last week, tech comes to the rescue The LERI shows corporate uncertainty easing to its lowest level in nearly two years In focus this week:...

Wall Street celebrated on Friday when the S&P 500 Index, the most popular benchmark of US shares, closed at a record high for the first time in more than two years. The celebration, however, was...

There was some concern heading into Friday that Thursday's gains were going to be clawed back, but I was surprised by the extent of the buying that did show up. The Nasdaq and S&P had the best of...

Friday, January 19th, 2024, saw the first trade above the January ’22 high of 4,815, with the S&P 500 ultimately closing at 4,839.81, or the first all-time high in 24 months.The all-time...

Markets were turbulent in 2023 while generally trending higher. A big summer rally was given back in weeks during October, followed by a fast rebound, which brought the S&P 500 back to nearly...

A very Happy New Trading Year, one that started in a bit of a downbeat mood but led to the S&P 500 & associated SPY finally achieving a new ATH last Friday.For those of you who follow me on X...

Let’s get right to what the charts and our tools are telling:First, I look at moving averages and phases. Second, I look at Real Motion and momentum to see if there is a divergence to price....

The S&P 500 smashed through 4,800 resistance on Friday, adding 1.2% and sending bears scrambling for cover.Does this mean the 2024 consolidation is already over? Nope. As I wrote Thursday evening,...