Staying Afloat
The stock market snapped an eight-day winning streak last week but ended on another upbeat note. In this week’s commentary, we look at the price action and how it’s managed to keep the market afloat this year.
The stock market snapped an eight-day winning streak last week but ended on another upbeat note. In this week’s commentary, we look at the price action and how it’s managed to keep the market afloat this year.
The stock market staged an impressive comeback last week, fueled by falling interest rates and a surge in bearish sentiment. However, the weight of the evidence suggests there is more work needed to sustain a recovery due to factors such as the challenging technical backdrop and elevated stock valuations.
The leaves are falling, and so is the stock market. In this week’s commentary, we discuss the recent setbacks in the market’s technical price movements, delve into some valuable information offered by the yield curve concerning the economic environment, and spotlight why year-end seasonality could be a potential bright spot for the market.
The U.S. stock market has been on shaky ground lately, wedged between moving averages and facing resistance from a recent technical “gap.” In this week’s commentary, we’ll discuss the “twin breakouts” plaguing markets and explore the key factors that could influence a potential year-end rally.
The U.S. stock market celebrated its one-year bull market anniversary last week. In this week’s commentary, we’ll assess how it stacks up with historical bull markets and share a few insights from our market indicators.
The U.S. stock market is quickly approaching a key level of technical support, its 200-day moving average. In this week’s analysis, we delve into the various factors currently impacting the market and assess its ability to proverbially “hold the line.”