There has been a lot of speculation about whether or not the general stock market has transitioned from a bull to a bear market. My guess is: yes, we have entered a bear market, but I have no proof. I only have a few observations to note.
It is very hard for the bears to argue that the market isn’t well supported with the line at or close to all-time highs. Stick with the theme of buying weakness.
In this week's video, we'll review the latest charts and data to help us answer the question, will the April 2nd reciprocal tariffs bring additional pain for investors?
Yields on most assets around the world have edged higher this year. The increase reflects a range of concerns, including sticky inflation risk and greater uncertainty for global trade flows.
What a week. Monday started with a huge gap down, followed by a big fill-the-gap rally on Tuesday, and then the week ended with an extremely negative reversal based on political news.
Last week, the market finally experienced a new short-term uptrend. Stocks gapped up and rallied nicely, while the number of NYSE new 52-week lows dropped to harmless levels. Of course, there is always something else to worry about in the market.
The market's short-term downtrend continued despite my expectation that the market was ready to rally in the short-term. The jolts and jobs reports were better than expected, and, as a result, Treasury yields rose, undermining the market's strength.
The short-term downtrend looks set to continue, at least according to the market indicators that I follow. Still, you would never know that it is a downtrend after experiencing the market strength revealed in Friday's trading session.
Wednesday saw quite the sell-off. It was rather scary because it happened so fast. However, the good news was that the S&P 500 index found support at an important short-term level, and the market seemed to become very oversold.
The market looks to be in the midst of a downtrend. Should we buy into the market as prices pull back during these brief downtrends? Is the underlying bull market healthy enough for us to buy more stock in anticipation of the next short-term uptrend?
Global markets delivered mixed results in November. US stocks and real estate investment trusts led last month’s winners, rebounding with solid gains following October’s decline.
The NYSE Index just keeps pushing to higher highs. This is impressive price action, and last week's new high for the market was not at all what I expected considering the warning signs that I was seeing during last weekend's review of the market.
Friday was a really awful day in the market, particularly for NASDAQ stocks. Just awful. And now there is concern about a follow-through to the downside on Monday.
Everyone who follows the stock market knows that a huge rally occurred on Wednesday, and by Friday, new highs were set for many of the most important stocks, ETFs, and Indexes. Tuesday's rally off the lows hinted at the rally coming on Wednesday.
