US stocks tilting back to the downside as the trading day works toward the close
The clock ticks toward the end of day, the major US indices are also ticking lower. The Dow Industrial Average is down 73 points or -0.21% at 33856 S&P index is down -30.0 points or 0.72% at 4106.38. The 4100 level is a key level or short-term bias in the S&P NASDAQ index is down […]
US Stocks Battered in the Aftermath of NFP’s – S&P 500, Nasdaq Sink
S&P 500, Nasdaq 100 Outlook: Recommended by Tammy Da Costa Get Your Free Top Trading Opportunities Forecast S&P 500, Nasdaq 100 Disheartened by Rate Expectations & USD Strength US stock indices have continued to trade lower after Friday’s NFP (non-farm payrolls) report sent shivers through the equity market. As the unemployment rate fell to 3.4% […]
Market Update – February 6 – USD & Yields higher, Yen, Stocks & Gold sink
A blockbuster NFP on Friday (571k new jobs vs 185k) & strong Services PMI (55.2 vs 50.5) has lifted the Dollar and Yields, sinking Stocks and Gold (the 3 mth Gold rally is over). YEN is weakest this morning with key “Dove” Amamiya (current deputy) a possible to take the […]
If This is a Bull Market, The Dip Buyers Will Reappear | Top Advisors Corner
There are loud voices on Wall Street who continue to talk about bear markets. In my opinion, that’s a good thing. That’s because bull markets climb walls of worry. And the higher this rally goes, the more the bears seem to growl.So, are we in a new bull market? A lot depends on what happens after the […]
History Tells Us We’re Going A LOT Higher | Trading Places with Tom Bowley
I’m a follower and believer of history when it comes to the stock market. After years of research, I understand that some aspects of U.S. equity performance are rather transparent and resulting technical signals generally can be relied upon. There were plenty of warning signals to open 2022 that suggested we were in short- to […]
US stocks fall after the much stronger than expected US jobs report. Nasdaq index weakest.
The major US indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and […]
Is the S&P 500 In Late Stage Accumulation? | Wyckoff Power Charting
Are the major stock indexes under Accumulation? If so, we Wyckoffians would expect an important Markup (uptrend) to follow. Accumulation is the process of large interests (known as Composite Operators) stealthily Absorbing shares of stocks they expect to appreciate during the subsequent Markup Phase. Accumulation can take an indeterminant period of time to form. The […]
Gold Breakdown | Top Advisors Corner
Last week, I wrote about how the Price Oscillator for gold futures had gotten up to a really high level and turned down, which was a bearish signal. It has taken a while for that signal to come to fruition, and gold prices even threw us a great head-fake just to see who could be fooled. But […]
Opinion: Market pros are so happy about stocks right now, you have to wonder if they’re too bullish
There’s an old saw about how if you lay all the world’s economists end to end, they still won’t point in any one direction or reach a conclusion.There’s no such adage about market technicians, but in the past six weeks it appears that the diehard group of technical analysts have all reached the same eventuality, […]
Week Ahead: Markets Approaches Union Budget In A Bruised State; Expect Volatility To Remain High | Analyzing India
As the week came to an end, the equity markets left behind a very eventful week. Two important events were expected to infuse volatility into the markets. The first one was the Union Budget; this event is one of the most major external domestic events that the markets react to. The other one was the […]