Stock Market Analysis

Those who read my articles regularly know that over the past month, we have been tracking an Elliott Wave Principle (EWP) impulse move (grey W-i, ii, iii, iv, and v in the orange box in Figure 1...

The Israeli-Palestinian conflict is a new risk factor for financial markets, but for now, there’s no contest between US shares and other asset classes as the year moves into its final stretch,...

The stock market's performance so far this year has been very positive Tech giants are driving S&P 500 gains, while small caps are languishing But, the real buying opportunity could be in...

It was a tricky Friday last week for the Russell 2000 (IWM) as the index experienced additional losses to take it on the verge of a new low for the decline initiated in July.The MACD is still holding...

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Oracle, Electronic Arts, and Exxon Mobil, and downgrades for Texas Instruments and...

Retail sales data, Q3 earnings season barrage, geopolitical fears in focus. Lululemon is a buy on news it will be joining the S&P 500. Pfizer is set to underperform after providing shock guidance...

Q3 earnings season unofficially kicks off on Friday, October 13, when the big banks report their latest results. Analysts expect a 0.3% yearly profit decline and an increase of 1.7% in revenue...

The Russell 2000 (IWM) is the canary in the coal mine for markets and yesterday's action is not great news for the S&P 500 and Nasdaq, despite the latter indexes doing 'okay' yesterday. Selling...

Yesterday I reviewed numbers that show that the 2023 advance in the S&P 500 Index continues to post a high return when set against historical calendar-year results. Encouraging, but...

Stocks had a sluggish day yesterday, with the S&P 500 essentially staying within the previous day's trading range. It managed to close the session up about 40 basis points. Interestingly, the...

When market breadth turns south, savvy investors know that it’s time to remain cautious.And that’s been the case for the past several weeks. And it’s looking perhaps even worse...

Amidst the tech craze caused by the emergence of generative AI solutions, there is a stock that may have been overlooked.The 2023 artificial intelligence (AI) craze spotlighted the world’s...

The LERI shows corporate uncertainty increasing to its highest level since the pandemic Fewer buyback and dividend increase announcements highlight other ways companies are holding back Banks on...

The spring/summer rally for the S&P 500 has faded, but the pullback still leaves the market positioned to post one of its stronger calendar-year gains in decades. The obvious caveat: a lot can...