Stock Market Analysis

Last week (see here), we found for the Nasdaq 100 (NDX) using the Elliott Wave Principle (EWP): "We are most likely dealing with an irregular expanded flat, a 3-3-5 pattern, the decline from the...

DOCU has roared 35% in three trading sessions following a strong Q3 earnings report But both valuation and growth remain a concern There was an opportunity to get DOCU on the dip; that opportunity...

The Federal Reserve delivered another rate hike this week and signaled further tightening in 2023 as it tries to bring down inflation. Higher rates will lead to further market turmoil, especially in...

This week's sell-off has produced major technical damage to the S&P 500, the Dow, and the Nasdaq In the near term, US indexes appear somewhat oversold Still, the Dow could underperform moving...

Stocks struggled with overhead resistance for the past week. While seasonal trends usually favor a year-end rally, this year’s rally may already have finished.January will be the month to watch....

Tuesday's 'black' candlesticks were the red flag for bulls - as often they are - when the sizable opening gaps were quickly pegged back, and in the days that followed, bears were able to continue...

McDonald's reported a 9.5% increase in same-store sales for the latest quarter The global giant keeps meals affordable to attract consumers while costs rise Here is how to trade the...

Amazon could get a boost from yesterday's CPI report On the other hand, elevated recession risks are a major headwind for the stock going into 2023 On the weekly chart, Amazon appears to have topped...

The Nasdaq is up 11.6% from its mid-October bear-market low. Several beaten-down high-growth tech stocks have staged impressive recoveries off their recent 52-week troughs. I recommend buying DocuSign...

ORCL has dodged the tech sell-off, declining just 7% year-to-date at Monday’s close Fiscal Q2 earnings highlight the strength driving investor optimism With strong cloud growth and a reasonable...

Shares of Oracle Corporation (NYSE:ORCL) are trading about 5% higher Tuesday after the cloud and software business reported better-than-expected results for its fiscal second quarter. Investors see...

Weak equity returns and above-average volatility have been a winning combination for covered call ETFs Selling premium  Next year appears likely to bring more of the same volatility and price...

Tesla has lost 52% of its market value this year On the technical chart, we see three consecutive bearish patterns Could Tesla's fallout be equally aberrant to its meteoric rise? Tesla (NASDAQ:TSLA)...

While last week had a disappointing finish for bulls watching the S&P, NASDAQ, and Russell 2000 - they still have the Dow Jones Industrial Average to rely on. Yesterday, again, the Dow...