Market Analysis

Odds Favor a Continued Rally in Stocks

The major U.S. indices posted their second consecutive positive weekly close last week. They were led by the small-cap Russell 2000 and tech-heavy Nasdaq 100 indices, which gained 2.7% and 1.7%, respectively.  This is a positive near-term sign, as these indices typically lead the broader market higher and… Read More

Market Remains at a Critical Juncture… What’s Next?

All major U.S. indices closed in the green last week, led by the small-cap Russell 2000, up 3.9%, and the tech-heavy Nasdaq 100, up 3.6%.  One of the main characteristics of the market in 2016 has been see-sawing, directionless trading with huge intraday swings. This is a relatively… Read More

Key Levels Hold but We’re Not in the Clear Yet

Despite a strong rebound on Friday, the major U.S. indices closed lower again last week. Leading the way down were the small-cap Russell 2000 and blue-chip Dow Jones Industrial Average, which each lost 1.4% for the week. #-ad_banner-# The week’s most important technical event was the S&P 500’s… Read More

How China’s Meltdown Could Lead to Massive Gains

The Chinese government thought it could outwit investors and foreign governments with its overblown economic growth figures, currency manipulation and complex market meddling. But the country’s game of smoke and mirrors is finally coming to an end. Bearish bets are piling up, and it’s only a matter of… Read More

How to Tell if the Market’s Rebound is Sustainable

The major U.S. indices closed higher last week, adding to the previous week’s gains. The rebound was led by the blue-chip Dow Jones Industrial Average, which climbed 2.3%. The tech-heavy Nasdaq 100 — which typically leads the market both higher and lower — brought up the rear with… Read More

The Number Every Investor Should be Watching

The major U.S. indices overcame early weakness last week to post across-the-board gains. The... Read More

The major U.S. indices overcame early weakness last week to post across-the-board gains. The advance was led by the tech-heavy Nasdaq 100, which gained 2.9%, although the market-leading index is... Read More

Major Breakdowns Signal More Pain Ahead

The carnage on Wall Street continued last week. Stocks finished sharply lower, led by the small-cap Russell 2000, which lost 3.7% to end Friday down 11.3% for the year. Of the major indices, the S&P 500 shows the smallest year-to-date loss, off 8%. While there are a few… Read More

Why I’m Buying These Hated Stocks

Panic can lead humans to make very poor decisions. In the heat of the moment, we tend to revert to our most basic fight-or-flight instincts. For instance, in a market sell-off, when stocks keep going further and further down, many investors just want the pain to stop… so they sell,… Read More