Against the backdrop of such a fundamentally weak landscape, market breadth was disturbingly narrow as advancers represented only a third of components in the SP-500 or Nasdaq-100…
Some investors speculate a GDP contraction of this magnitude as an extreme and bet on a sharp upward reversal in the next quarter. In my opinion, that’s just not going to happen and here’s why…
Earnings, economic updates and the coronavirus all have been primary sources for the current market narrative. However, the ongoing Congressional hearings involving Apple, Amazon, Facebook and Alphabet have been most intriguing…
There will be no market notes or commentary this evening due to schedule conflicts.
There will be no market notes or commentary this evening due to schedule conflicts.
The SP-500 (SPY) and Russell-2000 (IWM) finished the week in positive territory, respectively up +0.68% and +1.44%. The DJ-30 (DIA) and Nasdaq-100 (QQQ) declined slightly over the last 5 days, respectively down -0.29% and -0.43%…
From a weekly technical perspective, despite the market ‘s decline, It’s premature to call a trend reversal. Lows are still higher than previous lows. Right now the market is…
The narrative driving this market consistently remains hope for additional stimulus aid passed by Congress and optimism that a viable vaccine treatment is imminent by year-end or early next year. Progress for both has been…
The SP-500 delivered another breakout performance as the Nasdaq-100 took a much needed rest. However, both indexes displayed…
The SP-500 broke above a key-resistance level and made a new 30-day high while the Nasdaq-100 is close to retesting its all-time high. Also distinguishing themselves were the…