It was a short trading week with the Thanksgiving holiday on Thursday. As expected, not much happened in the market last week. We made it through midterms and earnings season without too much disruption, but
Stocks went nowhere last week. After a huge move the week before, the indexes stalled. As expected, the S&P found resistance at its 200-day moving average. I also don’t expect to see much movement this
By now, most of you have likely heard about the collapse of digital currency exchange FTX. While it was once the world’s third-largest digital currency exchange by volume, the company has now filed for bankruptcy.
Last week was a big one for stocks…
The October rally came to an abrupt end last week. The Nasdaq 100 fell over 7%, and the S&P 500 was down about 4.5%.
HealthEquity, Inc. (Long Idea) The health care sector has been strong all year, and HealthEquity, Inc. (HQY) is one stock I’ve been watching in particular. In the midst of a nasty bear market, HQY has
The market’s ability to rally while the previous market leaders fall tells me we are likely near the bottom of this bear market.
It’s still too early to say whether the market has bottomed. But if you’re looking for stocks to buy, the energy group looks the best.
Northrop Grumman (Short Idea) I have been watching NOC for a long trade for the last several weeks. In fact, I even added it to the Watchlist back in September. But thanks to a vicious
All the major indexes made new lows last week, confirming that sellers are still in control. Another bad inflation report caused stocks to gap down big Thursday morning. And while they actually rallied the rest
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