Stock Market Analysis

‘Barbenheimer’ ignited a summer renaissance in movie-goer activity, and studios hope for an end-of-year flourish Despite plenty of setbacks and drama, entertainment stocks have performed...

Recent bullish momentum on Wall Street aided by a dovish Fed suggests the rally could continue in 2024. Nvidia has continued its bullish trend with a 240% annual return. However, the technical and...

The semiconductor industry could witness a rising Nvidia-AMD rivalry amid surging demand for artificial intelligence chips. While Nvidia secured a 240% surge in 2023, AMD is gearing up to challenge...

As investors cheer on the Magnificent 7, some football fans are forging new allegiances in hopes of rooting for the coming Super Bowl champion. The task isn’t easy.Recent favorites like the...

The S&P 500 Index’s rise in recent weeks puts it within shouting distance of its record high, set in January 2022. Yet some analysts warn that the narrow leadership of Big Tech stocks leaves...

Small-cap stocks are currently sitting at substantial discounts and are likely to be poised for a rebound in 2024.The S&P 500 staged an impressive rebound in 2023, but its better-than-expected...

A recent warning by YahooFinance warns investors to sell their cash and buy bonds and stocks now as the Fed pauses. To wit: “Get out of cash now. Take advantage of some of these incredible...

As 2023 concludes, global markets, led by the U.S. and Europe, are set for double-digit gains, defying earlier skepticism and paving the way for potential surprises in 2024. Despite concerns about an...

"Black" candlesticks are rarely good and we had one yesterday in the Russell 2000 (IWM). The expectation is for an open below today's close, then a close lower than the open.As part of this bearish...

As we are nearing the end of 2023, I wanted to take a moment to look back at 2023, and then look forward to 2024.If you followed my work at the end of 2022, you would know that we not only called the...

First, let’s take a quick trip down memory lane to understand the current price action better. In early August, see here, we warned that per the Elliott Wave Principle (EWP), a significant top...

Recently, Dow Jones achieved its 11th consecutive year of new all-time highs, surpassing the 1989-2000 record. Meanwhile, over 60% of stocks listed in the S&P 500 reached new 20-day highs - a rare...

It was a classic breakout for the Dow as the index recorded a new all-time high.Weekly buying volume was the highest since January 2022. Technicals are net positive with the index shifting to a...

The market surged this past week following a confusing Fed meeting that created more questions than answers. The Fed tried to go into damage control on Friday by sending out John |Williams, Raphael...