Stocks

What’s the bearish argument here? SPY improved 75 cents on a $571 ETF in terms of body on the daily candle – still a very tight trading range. And up until the last seconds of the trading session it looked like it would be another doji candle.

Stock market indecision continues The stock market indecision is real! Can we get a day that doesn’t just involve a gap at the open, and nothing but 6.5 hours of endless sideways trading there after? Last three days have been an absolute snooze fest. 

Where did that rally come from? I woke up this morning, and thought maybe I was looking at the Nasdaq futures and not the S&P 500 futures. I saw a 93 point rally underway and thought “That ain’t right!”. Low and behold it was. Asian and European markets liked what they saw and they took

Stock market winning streak hits the 7th straight day! And this stock market winning streak comes after a 4 day sell-off, and just just a couple of weeks later, the market have finished off an 8 day winning streak. It kind of feels like this market is beholden to nothing but streaks these days and

Another low volume day for the market with anticipated 50bps rate cut from FOMC on Wednesday Even with the expectations now of a 50 basis point rate cut on Wednesday, the trading environment today was entirely boring and uneventful. It’s the quiet period for Fed speakers right now, so you’re not going to get any

The S&P 500 is back to testing all-time highs yet again! It was just two weeks ago the market was doing the same thing it did today – run it higher right into the close and testing all-time highs but not breaking through. The following shortened week, it sold off four straight days, but this

Don't Have Too Many Trade Confirmation Signals The previous day's massive reversal off the lows following the CPI report was completely unexpected and looking for a trade confirmation signal that would suggest that buying at the lows that morning would lead to a 150 point rally on SPX would've been nothing less than a pure

No, the stock market crashing - at least not yet! The stock market is not crashing right now and the question that should be asked is not whether the stock market is crashing, but how are we going to respond to what the stock market does next. In this video, I provide my technical analysis

Buy the dip in semiconductor stock? Semiconductor stocks have plummeted over the past month. Is it now time to buy the dip in semiconductor stocks like Nvidia (NVDA) and Advanced Micro Devices (AMD), among others? In this video I discuss the potential for a bounce within semiconductor stocks and the SMH ETF as well as

Market Rotation Into Small caps is unfolding. IWM ETF appears to be set to make another rally here to the upside as the market rotation into small caps continues. Russell 2000 (IWM) pulled back late last week and is now bouncing off of the Fibonacci retracement levels and sets up for a potential rally higher