Watchlist Update: These Broken Leaders Have Lots of Room to Fall
Well, it was another brutal week for the stock market. As of Friday morning, the Nasdaq 100 Index was off by 4.6%. And that’s on top of a 5.8% decline the week before. To put
Well, it was another brutal week for the stock market. As of Friday morning, the Nasdaq 100 Index was off by 4.6%. And that’s on top of a 5.8% decline the week before. To put
Solar stocks. I’ve been saying it for months, but this is the place to focus right now. Tuesday was an absolute bloodbath for stocks. The Nasdaq dropped 5.5%. The Dow fell over 1200 points. But
Last week, I pointed out the upside reversal day we saw in the S&P 500 and how I thought the market would bounce from there. I also discussed the 3,900 area being a key support
Editor’s Note: All major U.S. stock markets are closed today, Sept. 5, in observance of Labor Day. As I write this update on Friday afternoon, the S&P 500 is down just over 2% on the
Stocks sold off hard on Friday after Federal Reserve Chairman Jerome Powell made remarks about taking aggressive action on interest rates. He was clearly setting the tone for a 75-basis-point (0.75%) rate hike at the
Stocks began to stall last week with somewhat choppy action in the major indexes. This is not a surprise. I pointed out last week that the S&P 500, represented by the SPDR S&P 500 ETF
Stocks advanced for another week, primarily driven by Wednesday’s consumer price index (CPI) report. The CPI rose less than expected, confirming that inflation has peaked and is finally showing signs of cooling. This bullish data
The major indexes held their ground last week. As of Friday morning, the S&P and Nasdaq were both trading near the same level they closed the week before. Markets avoided any major selling days, and
I mentioned in Monday’s Watchlist Update that I think the market is trying to form a bottom. This isn’t an overnight process, and it’s going to take some time before we know for sure that
My wife is 39 ½ weeks pregnant, and our little girl could come any second… So, I’m writing this ahead of the opening bell on Friday to make sure I got this week’s Watchlist done
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