Last week was filled with significant information in earnings, investor sentiment, inflation, interest rates, economic growth, geopolitics, and important technical milestones. However, often times, it’s what doesn’t happen that matters more than what does.
Weekly Market Outlook — Key Takeaways…
Three trends are going to shape the rest of the year.
Summary:
Summary
The bearish fears surrounding the SPY as it tests its 50-day moving average are well grounded if you look beneath the surface of the major indexes.
For example, the MAG 7 darlings of the recent past are now being referred …
The market’s leading sector, Semiconductors, SMH, closed the week below its prior week after trading at all-time highs. This is the second week in the last four that this key reversal pattern has shown up.
When this pattern follows through …
This week Barron’s released its ranking of the country's “Top CEOs.”
History has shown that a great CEO isn’t always the best reason to buy a stock, but it is a strong reason to consider one, especially in today’s environment …
Long before the June 5th, Friday "extraordinary" down day, we were preparing to identify “bull market reset patterns” that occur when leading sectors stumble.
As it turned out, the beginning of the reset wasn't hard to identify.
The market had …
When a market has a big short-term move, there is rarely just one cause.
However, the market and the media will almost always gravitate toward an explanation that assigns all the credit or blame to a single reason. It’s important …