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The last few trading days have been very important for stocks, because we’re finally getting a meaningful number of trendline failures. These are no trivial trendlines, either: they are all the big ones from the March 23, 2020 bottom.
Read ’em and leap: SPDR® Dow Jones Industrial Average ETF Trust (NYSE:DIA), iShares MSCI EAFE ETF (NYSE:EFA), iShares U.S. Home Construction ETF (NYSE:ITB), iShares Russell 2000 ETF (NYSE:IWM), SPDR® S&P MIDCAP 400 ETF Trust (NYSE:MDY), iShares S&P 100 ETF (NYSE:OEF), Invesco QQQ Trust (NASDAQ:QQQ), VanEck Vectors Semiconductor ETF (NYSE:SMH), SPDR® S&P 500 (NYSE:SPY), Industrial Select Sector SPDR® Fund (NYSE:XLI).
Energy giants Exxon Mobil and Chevron report earnings tomorrow. Exxon boasts a strong financial position, potentially mitigating risks from rising interest rates. Analysts are...
Animal spirits have come off the boil lately, but these are still early days for deciding if risk-on sentiment for equities has hit a wall or is in a holding pattern that allows...
The European market can offer quality stocks for those looking to increase portfolio diversification. Their stock market might be a bright spot, with several established companies...
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