Market Analysis

Get Ready to Buy the Upcoming Correction

Last week, the major U.S. stock indices posted their fourth consecutive weekly gain. The rally was led by the tech-heavy Nasdaq 100, which advanced 1.7%, lifting this market-leading index further into positive territory for the year. From a sector standpoint, the rally was led by technology (1.8%) and utilities (1.5%),… Read More

Making Sense of the Market’s Mixed Signals

The U.S. stock market put in another strong performance last week, led by the small-cap Russell... Read More

The U.S. stock market put in another strong performance last week, led by the small-cap Russell 2000, which gained 2.4% and is now up 6.1% for the year. More importantly, the benchmark S&P 500... Read More

A Brexit Buying Opportunity?

Two weeks ago, I warned that rising market volatility, a low put/call ratio and June seasonality... Read More

Two weeks ago, I warned that rising market volatility, a low put/call ratio and June seasonality collectively warned of a near-term pullback. A week later, I said the market was gearing up for a... Read More

Stocks Gearing Up for a Major Move

The major U.S. stock indices finished slightly lower last week, as fears of a Brexit (the U.K.... Read More

The major U.S. stock indices finished slightly lower last week, as fears of a Brexit (the U.K. leaving the European Union) put pressure on the market.  The Nasdaq 100 led the way down, losing... Read More

3 Charts Predict Stocks are Headed for a Pullback

For the second consecutive week, the four major U.S. stock indices finished essentially unchanged.... Read More

For the second consecutive week, the four major U.S. stock indices finished essentially unchanged. This recent sideways action leaves the S&P 500, Dow Jones Industrial Average and Russell 2000... Read More