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At this stage, only weekly time frames are important as we track "Crash Watch". It's a tricky situation as the S&P 500 and Nasdaq don't look vulnerable, but the Russell 2000 (IWM) is really...
Maybe I am foolish. Maybe I don't know what I am talking about. But, I am still seeing the potential for the bulls to pull a rabbit out of a hat. Yet, their opportunity is narrowing.Although the...
Airlines were one of the hardest-hit industries at the start of the pandemic, with the five-member S&P 500 Passenger Airlines Index collapsing over 31% in 2020. This made the group the...
The S&P 500 pain trade continues to be higher into year-end. We made such a point in January, suggesting the 2022 correction was complete. Let’s review what I wrote, and then we...
The current macro, geopolitical scenario is eerily similar to that of 1987 That year, the stock market crashed following a substantial rise So, could we witness a 1987-like crash, considering the...
I'll leave the chat on the daily time frames for later this week, but last Friday's damage has left markets struggling on a weekly time frame. It's not all doom and gloom, but come this week's Friday,...
The US 10-Year Treasury yield briefly crossed above the 5% mark yesterday — the highest since 2007 — before settling at 4.98%, based on Treasury.gov data.For buy-and-hold investors, the...
Stocks experienced a turbulent day on Thursday after Fed’s Powell contributed to market volatility Investors were already grappling with rising bond yields, the ongoing Israel-Hamas conflict,...
Alphabet, Microsoft, Meta Platforms, and Amazon report earnings next week, with Apple scheduled for the following week. ‘FAAMG’ profit and revenue growth, as well as guidance updates will...
S&P 500's support at 4200 held firm indicating that the bull market remains intact This is supported by the fact that the MACD indicator has registered a bounce off the trend line created from...
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