Yes, today we are having the election of the president in the United States of America! Whoever wins, the stock market is playing its own game anyway. Therefore, let’s have a look at current setup and then see how it revolves. When looking at a daily chart of S&P500, the price is trying to claim…
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…
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…