US STOCKS-S&P 500 poised for best quarter since 1998
By Chuck Mikolajczak “There is a huge game of musical chairs going on here and that is really favoring the Nasdaq and it is really punishing the indices that have […]
China
As Investor’s Business Daily put it: “What a terrible week.”
Last week’s equity market meltdown caught investors off guard; it was painful, swift, and reminiscent of corrections past, though unique in some respects. With that carnage as a backdrop, and […]
Tractor Beam
Not only was last week’s equity market price action constructive given the overhang provided by the Coronavirus, but that price action, when paired with other measures of investors sentiment, speaks […]
Outlook for stocks shifts to “Uptrend Under Pressure”
Market losses and distribution days are beginning to add up. The spread of the deadly coronavirus continued to fuel a meaningful trade lower last week – particularly on Friday. The […]
Chinese Coronavirus fuels risk-off
Last week’s trading was interesting for a variety of reasons. Though markets managed to hold onto their “confirmed uptrend” status, they closed out the week on a soft note. Much […]
“The Bull Market is Alive and Well” – Marc Sutin
Honoring all who Served on Veterans Day. US equity markets rallied to record highs last week. This, fueled by optimism over US/China trade, better-than-expected Q3 earnings, and a lack of […]
China’s growth slows to a 30-year low, more of the same on the horizon
US equity markets, fueled by better than expected Q3 results from the financial sector and outperformance by the real estate, utility, and home builder sector, posted mixed results last week. […]
Political Headwinds Meet Technical Tailwinds – Marc Sutin
The US equity market outlook reverted back to “Uptrend Under Pressure“ last week as markets once again fell prey to themes that were decidedly not tied to our most US […]
US equity markets remain in a confirmed uptrend, but for how long?
US equity markets took the Fed’s 25 basis point rate cut and Chair Powell’s press conference in stride last week. However, the specter of risk associated with US/China trade talks […]
September 11 remembered
Last year, at this time, markets were on the precipice of a meltdown that lasted into year-end, 2018. December 24, to be exact. Fueling the dramatic shift to risk aversion […]