Stock Markets Analysis & Opinion

Will a dollar decline be good for stocks? It is an interesting question, given that during 2022 there was a significant non-correlation between the dollar and the stock market. The strong dollar rally...

US stock indices have rallied impressively in October and November, but the start of December is still heavy. And now is the right time to figure out whether the previous two months were a bear market...

Workday has a compelling qualitative story, with a dominant human capital management platform and a promising effort in financial planning Valuation looks high on an absolute basis but more...

Investors await short-term direction from Fed Big macro risks call for caution long-term Long-term bearish trend vs. shorter-term bullish trend After ending a streak of five consecutive negative...

Carvana stock is falling sharply on concerns that the company is headed for bankruptcy The company is facing macroeconomic headwinds as it attempts to reach a profitable scale The precarious state of...

Gamestop reported a weak quarter giving the market little reason to buy. Short interest is still high and over 20%. A fall below $20 could lead the stock down another 50% to 80%. After two years of...

In last week's update (see here) I found for the S&P 500 (SPX) using the Elliott Wave Principle (EWP): "The [recent] sideways price action combined with yesterday's breakout allows for a...

If 2021 was the year of FAANG, then 2022 has been the year of bang. Some of the highest-flying and seemingly gravity-resistant stocks of the past few years have been found to be quite heavy once...

Microsoft Corporation (NASDAQ:MSFT) has committed to try to close its mega $68.7 billion deal for Activision Blizzard Inc (NASDAQ:ATVI) as it faces increased regulatory scrutiny in the U.S. and...

Last Friday, I stated that the second half of the forthcoming trading week would be key for the market's direction. As things stand now, we are looking at a bearish reversal at the resistance that...

Key Points 2022 has been brutal for some big names Forecasts for the macro environment continue to improve There are fundamental and technical points to like about both these names If 2021 was the...

Large-cap stocks have been leading with the Dow Jones down the last year to date, but even though the selling pressure has been constant, trading volume has been anemic. iShares Russell 2000 ETF...

CRM stock has hit a 52-week low amid decelerating growth and management departures The bull case looks attractive at a reduced valuation But Salesforce isn’t as profitable or as fast-growing as...

Professional strategists have issued their 2023 S&P 500 year-end targets, and the consensus is dour With the SPX trading near 18-time next year’s EPS forecast, it is hard to call U.S. large...