As a result of the much-anticipated earnings season, which is now winding down…
Last week, important players on Wall Street and main street hit new extremes in sentiment on both ends of the spectrum.
As you’ll read below, if it …
The stock markets rallied sheepishly into Friday’s job, then apparently got what they needed to relax despite volatility in Gold, interest rates and the dollar.
This is not normal market behavior.
The SPY was so relaxed by the report that …
Last week the much anticipated Robinhood IPO and several high-profile earnings announcements revealed a lot about investor sentiment and what to expect for market’s trend going forward.
First, the Robinhood IPO had the potential to create an obvious indicator of …
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) …
The recent runup to new highs in both the S&P 500 and the Nasdaq 100 came to an abrupt halt this week, and our Risk Gauges flipped negative in short order. It is also important to note the selloff in …
Both the S&P500 and the NASDAQ l00 continued their leadership by hitting new All-time highs while Grandpa Russell (IWM) continues to lag. Market Cap heavy FANG stocks are masking poor market internals and the Economic Modern Family is showing lackluster …
It is a very strange market…
Small Caps (otherwise known around MarketGauge as Grandpa Russell) were down almost -1.34% for the week, bucking the new all-time highs in both the QQQ’s which was up + 2.6%, and the SPY which …
Equities had a banner week with both the S&P 500 and the NASDAQ 100 hitting new highs, however under the hood we are getting a mixed message.
Since the beginning of the year, we have seen strange, new trends emerging …
This week we heard from the Federal Reserve that there will be no change in the guidance for monetary policy in the immediate future. Rates will remain low for the time being, and by low, I mean near zero. This …
The recent runup in Meme stocks pushed by the Reddit crowd has turned Wall Street upside down and is something to sit up and take notice of. Many pros consider the recent price action a silly phenomena to be dismissed, …