September blues are here for the U.S markets. For four consecutive weeks, the S&P 500 has closed in the negative. The Nasdaq 100 posted +1.11% for this week but was posting three straight weeks of decline since then. As discussed in our last blog, this looks to be a textbook technical decline. T...
September blues are here. Since 1950, September has been on average the worst-performing month for the U.S markets. Major indices such as the S&P 500 typically decline by 1% in September. This month alone, the S&P 500 has declined by -5 percent. The Nasdaq leads the decline by -8 percent. The D...
is what the market looks like it is doing. In some of our previous blogs, we looked at the economic data with MogulUp's fundamental data analysis. Though there are areas where the economic data shows a V-shape improvement (pre-COVID 19 levels), the initial unemployment claims data that came out on...
or more like after reaching overbought levels. Though August 2020 certainly ended with all major indexes hitting all-time highs, September started off with a drop late last week. Last week on Tuesday and Wednesday, Wall street was reigning in with optimism. Then heavy selling pressure (high volum...
