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E-mini S&P December choppy again as we bounce from 5940. The low and high for the last session were 5940 - 5993. E-mini Nasdaq December held inside Thursday's candle so same levels apply for...
Since the successful test of 20-day MAs earlier last week it has been an uptrend for markets. The Russell 2000 (IWM) has been the clear winner, although the S&P 500 and Nasdaq have enjoyed more...
Last week was marked by an improved sentiment in the US, but not so much in Europe. The US equities had a strong week: the S&P 500 rallied 1.68% over the week, Nasdaq 100 gained 1.87% - and that...
Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market...
Wall Street’s poster child for AI is Nvidia (NASDAQ:NVDA). With an overwhelming market share in AI chip design, Nvidia is up over 200% year to date and a whopping 2680% over the last five years....
The first step on the move back to highs for indices started yesterday, but it's going to take a concerted effort by bulls to get there. The concern is that we are looking at a zig-zag move lower,...
The S&P 500 is consolidating gains but faces global investor caution and profit-taking pressures. Nvidia's stock fell on weak revenue projections, impacting tech-heavy indices. Key support for...
Wednesday's Commentary shared Walmart’s (NYSE:WMT) outstanding earnings report and reviewed its surging share price from a technical basis. Despite being a head-to-head competitor of Walmart, Target...
Well, that was fast. As you no doubt know by now, stocks gave back their post-election bump nearly as fast as they took it. Now they’re more or less where they started pre-election. There’s a story...
In our previous update, we asked if the outcome of the US presidential elections could crash the stock market. Based on the Elliott Wave Principle (EWP) and market breadth, we found that upside was...
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