Here’s Why The Bottom Is Dropping Out of the Dow Jones
To understand what makes the Dow Jones tick, you have to first understand one of the key differences between the Dow Jones and the S&P 500 indices. There are a…
Market Pullbacks Provide Opportunities to Build your WatchList – Here’s How
The stock market is in pullback mode with the S&P 500 EW ETF down 5.15% over the past month and down 1% year-to-date. This makes it a good time to…
Week Ahead: NIFTY Steps Into Next Week With These Two Negative Technical Developments
The markets extended their decline over the past five sessions and ended the week on a negative note. While the week started on a bearish note, the Nifty violated a…
S&P 500 Breakdown Alert! Downside Targets Explained
S&P 5850 has been the most important “line in the sand” for stocks since the pullback from the 6000 level in November 2024. With the SPX closing below that 5850 level…
Stock Market Panic: Why Strong Jobs and Inflation Signal Trouble Ahead
December non-farm payrolls data came in much hotter than expected. More jobs were added, the unemployment rate dipped slightly, and average hourly wages rose. Overall, it was a solid employment…
S&P 500 Breakdown Alert! Downside Targets Explained
S&P 5850 has been the most important “line in the sand” for stocks since the pullback from the 6000 level in November 2024. With the SPX closing below that 5850 level…
The Best Five Sectors, #2
The composition of the top five sectors remains unchanged this week, despite an interrupted trading week. This stability comes against a backdrop of mixed signals and potential defensive rotation in…
S&P 500 Earnings 2024 Q3: Still Overvalued
S&P 500 earnings are in for 2024 Q3, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the…
What Higher Rates Could Mean for the S&P 500
The 10-Year Treasury Yield has gone up a full percentage point, from a low of 3.6% in September 2024 to a level of 4.6% this week. So what does this rapid…
Boston Scientific’s Record Surge: Here’s How I Found It
The market sometimes struggles to find direction, as it digests mixed yet impactful economic data. Wednesday was one of those days. With US 10-Year Treasury yields rising and FOMC minutes…