Stock Market Choppiness ContinuesStock-Markets / Stock Markets 2015May 09, 2015 – 07:01 PM GMTBy: Tony_CaldaroAnother one of those choppy weeks. The market started the week at SPX 2108. Gapped up on Monday hitting SPX 2121, dropped to 2068 by Wednesday despite a gap up opening that day, then rallied to 2118 on Friday with also a gap up opening. Three […]
Stock Market Correction Time?Stock-Markets / Stock Markets 2015May 02, 2015 – 06:22 PM GMTBy: Tony_CaldaroAnother month completed and the choppy activity continues. The market started the week at SPX 2118, gapped up on Monday and hit an all time high of 2126. Then it went into its recent choppy activity again until Thursday: 2095-2116-2097-2114-2091-2103-2079. Then gapped up hitting SPX 2108 […]
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Just waiting for the market to wake up…
Enthusiasm for stocks by retail investors—a group as diverse as the retired schoolteacher in Peoria to the day trader in Miami—is becoming progressively more subdued as the stock market remains mostly range-bound, according to a survey by the American Association of Individual Investors.Bullish sentiment, measured by the number of respondents who believe the […]
ShutterstockThe stock market appears headed for one of those points again when investors lose money, and a lot of it.Sure, the day-to-day moves of the market can cost investors at any time, but this is more about the correction, downturn or something bigger that many experts feel is on the horizon.In those times of heightened market tension, investors lose ground […]
After tacking on another 2.5% over the past few weeks, the S&P 500 (SPX) scratched out a fresh record high heading into the final four trading days of April.But another steady drip of earnings reports—kicked off by Apple’s (NASDAQ: AAPL) post-close release on Monday—and the latest glimpse into the mind of the Federal Reserve could potentially test stock rally conviction.Apple’s […]
By Jeff Cooper at Minyanville.comMany leading glamours and generals took gas yesterday as the SPX erased the lion’s share of Monday’s big spike. It’s been a bear market in follow through, nothing new about that.But Tuesday’s selloff had the whiff of liquidation. The selling in biotech generals like Celgene (CELG) and Amgen (AMGN), which had recently set new highs, leaves […]
Three months into the new year and the broad U.S. equity indices have made limited progress to the upside. The Nasdaq composite lead by the healthcare/biotech and select semiconductor sectors has risen 3.28%, while the S&P 500 is essentially flat and the DJIA has actually declined six tenths of 1 percent.If you’ve been nimble and picked the right stocks in […]
U.S. stocks dropped on Wednesday as a slump in technology and biotech shares sent the Nasdaq to its biggest decline in almost a year, while the S&P 500 fell through key support levels.The Dow Jones industrial average .DJI fell 291.34 points, or 1.62 percent, to 17,719.8, the S&P 500 .SPX lost 30.4 points, or 1.45 percent, to 2,061.1 and the […]
Traders work on the floor of the New York Stock Exchange on March 20, 2015. AP Photo/Richard DrewU.S. stocks surged on Friday, lifting the Nasdaq Composite (COMP) to a 15-year high, as Wall Street embraced quarterly results from Nike (NKE) and others and the U.S. dollar softened against other global currencies.”The fact that the Nasdaq is above 5,000 from technical […]
FactSet Year-over-year change in real GDP (blue) compared with S&P 500 (black) Slide 1 of 8If it’s all about the economy, stupid, then stock-market bulls may want to think twice about betting on further gains.Many chart watchers say the financial markets are always right. They believe markets move before trends in fundamental data change, because market prices reflect all the […]
