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The Fed meetings seem to create more confusion than needed, but it is what is what it is. I know that even though I wrote yesterday that at 2:35 PM ET, it was possible that we saw the usual FOMC press...
Yesterday was not a great day for bulls; what looked promising for all indexes intraday, was cooked by the close. The percentage loss for the day was not the issue, it was the intraday spread that...
The S&P 500 was most affected by the presence of converged 20-day and 50-day MAs as it finished Monday with a neutral 'doji' just below these moving averages.The small gain was enough to generate...
Over the last two weeks, the bullish sentiment index has reversed from extreme greed to fear. The composite net bullish sentiment index, comprised of professional and retail investors, fell from 38.15...
Stocks finished the day higher, thanks to a buy imbalance that gave the market a lift in the final 10 minutes. Technically, not much changed yesterday, and that is because the index just churned...
Markets continue their downward momentum despite positive results from the first four Magnificent 7 reports Focus remains on big tech this week with all eyes on Amazon (AMZN) and Apple...
There wasn't a whole pile of buying volume to go with gains, but the Nasdaq, S&P 500, and Russell 2000 (IWM) all did their bit to keep the nascent bounce going.It has the look of a zig-zag-like...
Stocks rebounded last week with major US indexes closing in the green. But is this a sign of a turnaround, or a temporary blip before potential headwinds? A sharp drop in bullish sentiment indicates...
The relief bounce for indexes finally hit the first potential reversal point with 'black' candlesticks in the S&P 500 and Nasdaq, and a bearish harami cross for the Russell 2000 (IWM).Trading...
Stocks finished the day higher, with the S&P 500 up 1.2%, following yesterday’s advance. So far, the rally has been relatively ordinary and boring. It appears to be bouncing in ordinary...
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