The stock market was pretty much in correction from August till the end of October. However, November has erased all the losses pretty much retracing 100% back. This rally was quite quick and thus, we shall expect a short-term pullback before going up again. The price hit its current resistance level around 4600 and now…
The US stock market is happening to be in another correction – second this year. The market has already dropped more than 10% from its highs. However, it is still 5% up year over last year. The stock market’s infirmity started at the beginning of October when major indices failed to break out above the…
Pullback or Bear Market? The stocks started to show a sign of consolidation after 3 weeks of declines. We are experiencing another market correction like the one we had in February. Please be aware this is not a bear market, this is a pullback that investors can take advantage of. A current market review…
Stock markets have finished rather down than up on the last week, however, it is important to note that money is flowing between sectors at the moment. As suggested in a market review two weeks ago, there are industries going down as well as up. Before we jump on the chart analyses, there were two…
I know that everybody is amused by Coca-Cola talking to Aurora now, no doubt, this is another proof that cannabis business will be a top performing sector of 2018. Aurora is still a good deal, so if you have money, go and buy some shares, it is going to perform well – rising maybe even…
Stock markets have risen on a week rebounding from their short-term support levels. The individual US Indexes are nicely following a projected trend within our market review analyses. Financial markets are remembering the infamous collapse of Lehman Brothers that happened 10 years ago – 01:45 am, Monday, September 15, 2008. The bankruptcy has triggered the…
Stock markets have retreated from their records last week. As anticipated in a previous market review, the indexes needed to consolidate. The biggest highlight of last week was an increase in wages 2.8% compared from a year earlier. This may result in an increased inflation that would have a negative effect on the stocks in…
Stocks have finished UP in a recent week. Nasdaq and S&P500 have actually their highest highs. People are obsessed by the idea that this bull market must come to end very soon because it has almost 10 years and it’s just too long. The news is feeding us with different types of stories how this…
Stocks have finished slightly down on the last week. After four days of modest increases, the stock market dropped sharply as a reply to new tariffs imposed on Turkey. Turkey’s lira is suffering now and thus, the banking sector because the banks around the world might have exposure to Turkey. This should not have a…
The stocks rose on a week while successfully tested their short-term supports. The important events of last week have come with the market’s expectations and thus, a current market review suggests a bullish sentiment in the near future. The US economy added 157,000 jobs and the unemployment rate fell to 3.9% from 4.0%. The Federal…