Stock Market Analysis

"Black" candlesticks are rarely good and we had one yesterday in the Russell 2000 (IWM). The expectation is for an open below today's close, then a close lower than the open.As part of this bearish...

As we are nearing the end of 2023, I wanted to take a moment to look back at 2023, and then look forward to 2024.If you followed my work at the end of 2022, you would know that we not only called the...

First, let’s take a quick trip down memory lane to understand the current price action better. In early August, see here, we warned that per the Elliott Wave Principle (EWP), a significant top...

Recently, Dow Jones achieved its 11th consecutive year of new all-time highs, surpassing the 1989-2000 record. Meanwhile, over 60% of stocks listed in the S&P 500 reached new 20-day highs - a rare...

It was a classic breakout for the Dow as the index recorded a new all-time high.Weekly buying volume was the highest since January 2022. Technicals are net positive with the index shifting to a...

The market surged this past week following a confusing Fed meeting that created more questions than answers. The Fed tried to go into damage control on Friday by sending out John |Williams, Raphael...

Year-end rally, rate cut bets, and core PCE inflation data will be in focus this week. FedEx stock is a buy with explosive profit growth, guidance on deck. Nike shares are a sell amid weak earnings...

The Federal Reserve’s dovish pivot this week has helped spark an ‘everything rally’ on Wall Street. Optimism that the Fed is done hiking rates and will shift to cuts next year will...

The shocks continued to roll through the markets on Thursday as the ECB and the BOE pushed back on the market expectations for rate cuts. This creates more questions than answers as to why the Fed...

Consolidated Big Tech has been resistant to a higher interest rate environment. But what happens when the fed funds rate goes down?On December 5th, US Treasury Secretary Janet Yellen made a telling...

Jabil Inc (NYSE:JBL), a leading manufacturing solutions provider, has released its financial results for the first quarter of fiscal year 2024, presenting a nuanced picture of its current performance,...

As I often point out, technology stocks have been the leader of bull markets since 2009. And it’s always a good idea to keep a good eye on leadership.Within the technology sector, the...

The video games sector is already strong and is set for robust growth over the next few years. Which are the sector's main pure players, and which ones should you invest in? We will try to answer that...

Adobe reported solid results for its fourth fiscal quarter but offered guidance that fell short of the average analyst estimate. This comes after Adobe stock enjoyed a great run, which could easily...