Happy Birthday
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.
Hold the Line
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.”
Hanging by a Thread
The theme of this week’s market commentary is “hanging by a thread.” We highlight a few indicators illustrating why the current state of the stock market is precarious—including a chart that underscores the fragility of this year’s gains—and discuss the implications of this situation for our primary stock market risk model.
Playing Chicken
OVERVIEW U.S. stocks fell last week as volatility reemerged on Wall Street. The VIX Index—a measure of investors’ expectations for market volatility—rose 25% for the week. The result was pretty large losses for the major U.S. stock indices. The S&P 500 fell...
Fishhooks and Sentiment
OVERVIEW The major U.S. stock indexes gave up most of the ground they had gained the previous week, falling around 1% to 2%. Specifically, the S&P 500 dropped 1.3%, the Dow fell 0.75%, and the Nasdaq dived 1.93%. Small-cap stocks really took it on the chin,...