Stock Markets Analysis & Opinion

I am going to start this week's missive with a quote from Robert Prechter's seminal book The Socionomic Theory of Finance, which is a book I strongly recommend to each and every investor: Observers'...

I wouldn't say I like seeing black candlesticks as they reflect a failure of opening strength, and today was one of those days. Black candlesticks are more of a problem at the end of the rally than at...

The week starts out exactly how we expect. The SPDR® S&P 500 (NYSE:SPY) and indices are stuck in the trading range within a trading range.The latest economic data is weak, hence causing buyers...

The selling took a break on Monday as the S&P 500 added a modest 0.3%.While green is green, the index was far higher in the session's first hour. Unfortunately, potential buyers remain skittish...

Over many weeks we successfully tracked the highs and lows of the S&P 500 using the Elliott Wave Principle (EWP). As such, in our last update from two weeks ago -sorry there was no update last...

The US Dollar Index closed very strong last week as inflation remains in focus after New Home Sales and PCE index jumped in the US, as reported on Friday. Good economic data is not helping the FED...

Domino’s Pizza stock is trading sharply lower after the company lowered its two- to three-year revenue guidance. Declining demand is putting pressure on the company’s revenue as it tries...

DocuSign is the pioneer and leader in eSignature, with over one billion users worldwide. The company announced a 10% layoff of its workforce in February 2023, following a 9% reduction in September...

Friday saw indices take another hit lower, but most of the damage was done at open (with gaps lower) and by end of day, S&P 500 and Nasdaq finished with small doji, rather than any more...

DAX is touching and testing the multi-month parabolic up moves trendline. Following Friday’s outside day, DAX parabolic SAR gave a short signal on the daily chart. Original Post

Today we’re going to click our way to a dividend stream that matches the average household income stream in America—$70,784 per year—and we’re not going to do it on a much...

S&P 500 Futures' trendline break shows the -not material yet- break of confidence, but a strong case of the bullish scenario still being alive. Original Post

ISM PMI surveys, Fed speakers, more retailer earnings will dictate the market’s direction in the week ahead. Tesla shares are a buy with the highly anticipated ‘Investor Day’ in...

Merck shares picked up after an upgrade at Wolfe Research. And here is your full Pro Recap of the biggest analyst calls you may have missed on InvestingPro this past week. Start your free 7-day trial...