Stocks were mostly weaker, led by the S&P 500 and the Nasdaq 100 which were both down about -0.8 % on the week. Several things are looming over the market… like the debt ceiling needing to be raised, which is …
The market sold off this week as a result of the convergence of weak seasonals, poor momentum, eroding market internals, a very confusing message from the economic data, and a lack of clarity about what the Fed will do next.…
The market sold off this week as a result of the convergence of weak seasonals, poor momentum, eroding market internals, a very confusing message from the economic data, and a lack of clarity about what the Fed will do next. …
Given the positive move of our risk gauges into risk on all the major Indices and given the recent leg up in some of the largest capitalization growth stocks, is this a new bullish phase up or an eventual repeat …
Given the positive move of our risk gauges into risk on all the major Indices and given the recent leg up in some of the largest capitalization growth stocks, is this a new bullish phase up or an eventual repeat …
This week markets regained its footing with risk gauges improving while the Hindenburg Indicator increased its reading to ominous levels as well. Market internals improved across key equity benchmarks to best levels since mid-June, benefitting small caps (IWM/Grandpa Russel) the …
This week markets regained its footing with risk gauges improving while the Hindenburg Indicator increased its reading to ominous levels as well. Market internals improved across key equity benchmarks to best levels since mid-June, benefitting small caps (IWM/Grandpa Russel) the …
Markets continue to chop during this seasonally weak period and have made no progress over the past 30 days.
Price patterns of the key US Equity indexes are holding up at key moving averages, but there are signs of stress …
Markets continue to chop during this seasonally weak period and have made no progress over the past 30 days. Price patterns of the key US Equity indexes are holding up at key moving averages, but there are signs of stress …
July often sets up conditions for late summer rallies, as well as significant tops.
As a result, July can be a frustrating and confusing period. Last week was a good example of why.
I’ll start with the bearish case…
#1) …