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Part of the negative revisions for 2025 S&P 500 EPS growth estimates are undoubtedly from the cautious guidance from Microsoft (NASDAQ:MSFT) (lowered revenue guidance for the 2nd quarter in a...
We are two-for-two for the S&P 500 pushing beyond 6,100 resistance - this week was nearly an exact repeat of last week - just as things looked ready to push on, sellers returned. Supporting...
Markets posted gains sufficient to close breakdown gaps - sufficient to negate these gaps as breakdowns - but leaving indices stuck in broader trading ranges. The Russell 2000 (IWM) is a case in...
U.S. President Donald Trump signed an order on Saturday that imposes 25% tariffs on U.S. trade partners Canada and Mexico on imports from those countries. For Canadian energy companies, the tariff is...
Market travails continue to be an issue for bulls. Positive opening gaps across indices quickly faded, leaving markets in a state of risk-off as trade war fears reemerged. Now, Nasdaq 100 Futures are...
After Monday's AI sell-off sent tech stocks reeling, we had some comeback as buyers filled the void, only for traders to take some quick profits off yesterday's bounce. The Russell 2000 (IWM) posted...
Bitcoin continues its post-election run with the December pullback coming to an end. The emergence from a picture-perfect cup-and-handle pattern opens up 130K as an upside - and very reachable -...
• Fed FOMC Meeting, PCE inflation data, ‘Big Tech’ earnings will be in focus this week. • Meta’s aggressive push into AI, coupled with strong revenue and earnings growth, makes it an appealing stock...
So the Trump Bump continues to play out in favor of bulls. Tuesday delivered a clear breakout of the downward channel with only the 50-day MA left to play as resistance. From a technical perspective,...
Friday was a bit of a mixed bag. It was good to see the S&P 500 breakout, but it also coincided with a Russell 2000 (IWM) that closed on a 'black' candlestick at downward channel resistance. In...
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