By now, we know about the drastic shift in the market. But are we on the precipice of another change, but this time going back up?
A little backstory. With its all-time high set in early January of 2022, the S&P 500 has fallen considerably on the year - 33% as of September 30, to be exact. Inflatio...
As it now sits, this bear market has cleared out all the gains from 2021. And this Friday, all major indices tested their June lows with a small bounce going into the close. The financial markets have been on the downside for most of the year with recent rallies lasting just a day and then selling...
By mid-August, most U.S equity indices were looking at +4% gains or more. SPY was up +4.1% and investor sentiment was looking at turning greedy for the first time in months. However, as stated in our last blog on 8/27/2022, we said "With our algorithms issuing a weekly sell signal on the major ind...
Markets have been in free fall since hitting resistance in mid-August. The rally off of the June low setback in 6/23 helped propel markets right up to the 4300 region. And as we mentioned a few weeks ago in our last blog, we were expecting a pullback. FOMO kicked in gear near the tail end of the ...
What a difference a few weeks have made since the last blog on 7/16/22. Up to that point, the S&P500 was down more than 20% and the economy was looking into the barrel of a recession. However, from a technical perspective, we mentioned that there were strong signs that the market had the potential...
During the onset of the COVID pandemic in February 2020, markets all over the world took a dramatic nose dive. The crash lasted all but a month and markets started their ascent into all-time highs for the next 2 years. The policy at the time was if the economy started wavering, the Fed and Central...
Markets closed out the week consolidating after being stomped out near the 3915 region. The financial market closed out the first half of '22 as being the worst start to a year since Jimmy Carter was president. A confidentially a similar backdrop from 1970 presents itself today. Runaway inflation...
Two weeks ago we were looking at a strong rally that would push the bulls above heavy resistance near the 4190 region (SP500) and\or 420 region (SPY). At that time, the market was up nearly 100 points following 3 consecutive days of 75% upside. With the weekly bullish signal being issued for many ...
In a span of fewer than 6 months, the S&P 500 went from hitting daily all-time highs to being down nearly 20% from those highs. Markets have been in a downtrend for much of the year. In fact, this year alone has seen the worst starting performance for both the Russell 2000 and Nasdaq. Both have d...
All major US indexes have been in decline since the start of 2022. This week was the sixth consecutive loss for the S&P 500, Nasdaq, Russell 200, and Dow Jones. Though CPI and PPI data suggested a cooling period, it did not stop the bearish sentiment that has hit the market for most of the year. ...
