The market managed to make yet-another gain last week… the fifth in a row. But, it’s clearly losing momentum. Then again, now up nearly 12% from its late-October low, it could be expected to pause for a breather here. There is one important red flag worth noting,...
Things were touch-and-go for most of the week, with the market poised log its fifth weekly loss in a row early Friday. Then something jolted the bulls into action. The S&P 500 rallied an impressive 1.18% on Friday, leading stocks a much-needed weekly win. Don’t...
On the fence… caught between a rock and a hard place… whatever you want to call it. The market could just as easily go in either direction from here, with good reason to expect both possibilities. Even so, on balance it’s still the bulls that need to prove something...
Another week, another loss, with this one being much bigger than the previous one. All of the indices have now broken below key technical floors, and some of them are on the verge of falling under some more. The best thing going for stocks right now? The stumble was...
Stocks were rebounding late last week. But, it was a feeble effort… too weak to actually drag the market back into the black for the holiday-shortened stretch. It was the first losing week in the past three, and while both of the indices only suffered nominal losses,...
The market ended last week on a high note, bouncing back from an intraday loss on Friday to log a decent gain… for the day as well as the week. Nevertheless, the damage that was done over the course of the prior three weeks is still done. All of the indices are still...
Stocks took one on the chin for a third week in a row, with most of the indices ending last week well under key technical support levels. It was so bad, in fact, it was good in that we just might see a dead-cat bounce. Indeed, we started to see the market...
From Price Headley, BigTrends.com They were all the rage just a few days back. Now they can’t do much of anything right. The so-called “Magnificent 7” names like Alphabet, Amazon, Microsoft, and Apple are now in a rather steep decline. They’re selling off at a much...