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Tag: technical analysis

The Song Remains the Same

July 31, 2020 J Clinton Hill Leave a comment

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…

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Filed under: crude oil, economy, gold, stock market commentary, technical analysis, technology stocks

Hope is a Strong Four Letter Word

July 23, 2020 J Clinton Hill Leave a comment

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…

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Filed under: coronavirus, earnings, Nadaq-100, performance summary, sp-500, stock market commentary, technical analysis, trends

Until the Trend Ends…

July 20, 2020 J Clinton Hill Leave a comment

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…

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Filed under: coronavirus, Nasdaq-100, resistance, sp-500, stock market commentary, technical analysis
 

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