The Action to Watch on 5/17
We’ve been looking for the stock market to make a significant, intermediate-term top sometime soon. Up until yesterday, though, the…
We’ve been looking for the stock market to make a significant, intermediate-term top sometime soon. Up until yesterday, though, the…
The bulls haven’t given up yet. Stocks rallied to a modest new high yesterday. The S&P 500 is still trading…
Friday marked the end of the seasonally strong period for stock prices. If the bulls were going to make a…
Today marks the end of the seasonally strong period for stock prices. Starting next week, the winds shift bearish. That…
This is a dangerous situation. It’s not obvious. Major turning points in the financial markets rarely are. Nobody rings a…
In the final hour of the day yesterday, the S&P went from +1.50 to -2.50. The index closed down 0.1%.…
Yesterday was one of the most boring, uneventful days of the year for the stock market. But boring action –…
After consolidating in a tight trading range for seven sessions, the S&P 500 broke out to the upside on Friday.…
The S&P 500 has been stuck in a 2380-2392 trading range for seven days. That’s enough to cause most traders…
Now that the Federal Open Market Committee (FOMC) meeting is out of the way, traders can shift their attention to…