The S&P experienced a decent bounce of 2.6% last week. And since the recent bottom on June 17, the index has rallied as much as 10.3%. However, with the pullback we’ve seen over the past
I explained on Wednesday that forming a bottom is not an overnight process. I still believe that to be the case. And even with the strong rally we’ve seen this week and this month, I
The 200-day moving average… Its significance cannot be overstated. This is the “line in the sand” that establishes whether stocks are trending higher or lower. I’ve talked about this several times in past editions of
As I was browsing through Twitter the other day, I came across an interesting statistic. According to one popular analyst, Charlie Bilello, historical returns show that this is the second-worst start to a year for
During the depths of the pandemic, the Federal Reserve cut interest rates to zero to help save the economy. The market went into a buying frenzy, and many stocks doubled, tripled or more from the
In late May, I gave you several key support and resistance levels for the S&P 500 index that I continue to have my eyes on. At the time, the index was trading in a sideways
About a month ago, I wrote an article called, Three Big Reasons Why The S&P 500 Could Fall Further. We looked at the S&P 500 index alongside the S&P 500 Volatility Index (VIX) as well
The lows that the S&P 500, Nasdaq 100 and Dow Jones all made on May 20 continue to hold. Since then, we’ve seen a valid follow-through day on May 26 and strong action that week.
Today, I want to take a look at the S&P 500 to get a better idea of where the index sits following last week’s bounce. I’ll also cover each of the stocks from this week’s
Editor’s Note: All major U.S. stock markets are closed today, May 30, in observance of Memorial Day. Stocks finally began to reverse course last week, posting their first positive week in two months. The market
Looking for an edge? Ross has the inside scoop on top analysis that will help grow your portfolio.. Receive a new stock opportunity every day and get ready to see your investment SURGE!
