|Day's range||12,654.7236 - 12,770.1182|
|52-week range||11,324.5000 - 13,637.0195|
Stocks had a roller coaster ride last week, in a battle between the bulls and the bears. The late day declines on Wednesday and Thursday had the stock market bears looking for a weak Friday close. Instead stocks rallied to close the week higher. What does this mean for the bullish case?
Last week, I featured a chart of the V-shaped bottom that occurred in October 2014. After last week's action is this now more likely and what are the signs that such a bottom has been completed?
But gains for the major stock indexes faded Monday morning, but it didn't take long for buyers to back as indexes were near session highs in afternoon trading.
Historically, Wall Street strategists have not been bullish at correction lows, but does the technical outlook suggest that they're right this time?
The 3.9% drop in the S&P 500 last week with all eleven sectors declining has some investors on edge. Is this the start of something much, much bigger that puts the market on "thin ice" and should you be worried?
With 59.5% of AAII individual investors now bullish and no bears in sight does that mean you should change your strategy? A technical look at the market shares the signs you should watch for when the market is ready for a rest.
Stocks closed moderately higher Thursday, although indexes faded in the final hours of trading.
Zacks Industry Outlook Highlights: Caterpillar, Stanley Black & Decker, Deere, Roper Technologies and Rockwell Automation
The volatile week in the stock market was followed by the overnight passage of the Trump tax bill. The sharp drop Friday on news of the Flynn guilty plea took the S&P 500 from up 0.11% to down 1.59% very quickly. Did this change the outlook from the weekly or daily A/D lines?
The stock market’s strong gains over the past few weeks may have convinced some sidelined investors to finally get into the stock market but does history indicate they should be following the forecasts of Wall Street strategist?
The strong gain in the Nasdaq 100 last week has turned many on Wall Street even more bullish. The raising of some upside targets for the S&P 500 after such a prolonged rally is often a reason for concern. Watch the market internals each day and here is what to look for ....
The stock markets were strong again in October and with more signs of a strong economy they may be even more bullish because of the historically strong performance of the stock market in November. But when was the last time stocks corrected significantly in November and what were the warning signs?
The budget vote lit the market's fuse on Friday as the Dow closed the week at overbought levels rarely seen in the past ten years. Some traders think the market is "different now" but is that really the case? Any warning signs from the market internals?
Last week the story was again the small cap stocks and looking back at the last seventeen years of market history there are two periods that I will focus on where the small cap Russell 2000 significantly beat the S&P 500. What does this mean for the current rally?