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Below is a chart of the S&P 500 in the upper panel and the MACD (momentum indicator) in the lower panel. Here are my takeaways. Momentum has turned positive. The S&P 500 Index has advanced...
Friday was an excellent day for longs, with all indexes recording gains on higher volume accumulation. The Nasdaq is outperforming both the S&P 500 and Russell 2000, and with the smell of...
Warren Buffett is known as the Oracle of Omaha and is one of the most successful investors in history Buffett’s Berkshire Hathaway has consistently outperformed the S&P 500 in almost every...
Buyers were able to drive gaps higher at the open but couldn't build on the initial gains. The Nasdaq managed to make a new swing high for the March rally, but it could take a while before the...
It's getting a little dangerous for the growth stock index. The Russell 2000 (IWM) is experiencing an ever-decreasing series of individual highs as it looks to defend December lows. Technicals...
Despite an ongoing “banking crisis,” investors continue to chase stocks triggering several bullish buy signals. As noted in this past weekend’s newsletter, two primary reasons exist...
In this week’s newsletter, we’re going to run through several interesting market charts on our radar...Let’s dive right in.GMI Chart 1 – Fed Net Liquidity vs. S&P...
At a time when stress in the financial sector continues to persist, investors are looking to avoid exposure to banks. While it is tough to pick out ETFs or any funds that have absolutely no exposure...
"Hope" is a bad word in trading, but markets are holding up better than I expected. The Russell 2000 is the index to watch because of the import of growth stocks to secular bull markets, but also...
Monday's action had looked to provide some security for bulls, but then bears came in with gusto and closed the day with bearish engulfing patterns for the Nasdaq and S&P 500 and a big red...
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