The S&P 500 ended Friday’s session exactly where it left off Thursday. While it is tempting to call 0.0% a tie, this actually counts as a win for the bulls. First, following three...
Just updated the spreadsheet for Apple (NASDAQ:AAPL) this week, with the latest EPS and revenue estimates. Like much of the large-cap tech universe, Apple has seen a correction in...
What was relatively orderly selling from the July peak has now seen an acceleration in the selling over the last two days. The volume hasn't been extensive, but it's hard for...
The S&P 500 tumbled another 0.8% Thursday as the wave of reflexive selling continued. The index violated 4,450 support and the 50dma earlier in the week, and the latest victim was...
The move higher in bond yields and real interest rates on the back of a stable economy (for now) is causing heavy selling in gold and silver. Although two weeks remain in August,...
Two weeks ago, see here, we asked the question if a major top was forming for the S&P 500. Using the Elliott Wave Principle (EWP) we found, “Although the index has not dropped...
The US manufacturing sector is showing impressive expansion. The latest data from the Philadelphia Fed Manufacturing Business Outlook Index jumped from -13.5 to +12.0 in August,...
Both the S&P 500 and Nasdaq have broken down below their 50-day moving averages for the first time in months. In this video, we dissect the charts to determine where stocks...
The S&P 500 decisively broke through 4,450 support and the 50dma on Wednesday. The index now finds itself just a hair above 4,400. And so continues the reflexive selling that...
Is China's crackdown on economic news sufficient for another Big Short? Immortalized by Christian Bale in The Big Short, Dr. Michael Burry is stirring ‘animal spirits’...