U.S. Equities Flash Caution As ‘Sell in May’ Approaches
Investors saw the major stock market indices reverse from key price target zones this week. We are cautious but watching to see if there...
The New IPO Boom: Trends and Analysis
2021 IPO Activity Summary Analysis:
- The pace of US IPO activity has shattered previous records.
- It is a clear sign of excess and market...
Russell 2000 Index Saved By Hidden Price Support
Wednesday, the major stock market indices along with several key sector ETFs held pivotal price support areas.
In the chart above, we can see that...
Peloton Stock (PTON) Threatens Head and Shoulders Top
The term "head and shoulders top" is often thrown around when a stock starts to show signs of distribution.  As the work-from-home stocks have struggled...
Russell 2000 Index: Head and Shoulders Too Obvious?
The Russell 2000 Index has been trading in a sideways, top-like pattern for the past several weeks.
We recently pointed this out while sharing...
Nasdaq 100 About To Draw The Short Straw?
Last week, I published an article here about the potential for a decline on the Nasdaq 100 Index (NDX).
It was the basis for a...
Stock Market Retreats As Small Caps and Momo Slide
The S&P 500 Index sold off (-0.68%) for the second day, but it remains with a strongly bullish intermediate posture according to the Market...
Is Transportation Sector (IYT) the Stock Market’s Silver Lining?
Tuesday, the transportation sector closed green on the day, while the rest of the Economic Modern Family closed red.
The most prominent break of support...
Equity Bull Market… Year 2 or Year 12?
The market moves in cycles with the two key phases being a bull market (good times) and a bear market (bad times). Determining at...
Key Stock Market ETFs Test Important Price Support
Although every member of the stock market ETFs we watch closed down on Monday, none of them broke their major price support areas.
Here is...
