The Nasdaq 100 (QQQ) is still hanging tough despite some recent volatility. That rising trend line that’s been in place since May is continuing to hold up, and so far, buyers have stepped in every time it’s been tested. Now, there’s a bit of a debate here on what this current pattern really is. It
Something about those regional banks selling off that doesn't look right Anybody else seeing this? Zions (ZION) -13.5% Western Alliance (WAL) -11.3% Great Sothern (GSBC) -9.6% Truist Financial (TFC) -5.5% Regions Financial (RF) -6.1% Has all the feelings of the March '23 sell-off when the banks came crashing down and the Fed had to create
This stock market bounce hasn't shown incredible follow through And the fact everyone is expecting a bounce in the stock market just after a two-day sell-off in the S&P 500 (SPY) goes to show just how ridiculous the expectations have become for this stock market. Sure, it was a huge sell-off on Friday,
Recent indicators suggest that growth of economic activity moderated in the first half of the year. Job gains have slowed, and the unemployment rate has edged up but remains low. Inflation has moved up and remains somewhat elevated.
Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity moderated in the first half of the year. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated.
Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated.
Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated.
The Monday Short Squeeze For a couple of months now, Monday’s on have represented bloodshed on Wall Street. But today, you have the bulls taking off, and squeezing the shorts in the process. For now, I consider this a dead cat bounce, but a dead cat bounce that could squeeze the shorts for days.
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated.
Stocks seeing a resurgence of selling. I'm getting a sense that the street is continuing to de-leverage themselves from the Mag7 stocks at the expense of retail. You see, retail has made a killing since 2009 buying the dip. Sure there was that nasty bear market in 2022, but even that was quickly wiped away