Recent worries of rising rates, inflation increase, and calls of topping patterns by market pundits have engulfed the financial market. To further complicate matters, there has been worries regarding the steepening of the yield curve. The only problem with that comment is the yield curve trough oc...
In early February, the S&P 500 was trading above 3,884 and right now it looks like the market is blowing off some of that steam. With excessive speculation among investors and signs of an economic opening, markets pushed higher for the last few months. This past week, rates jumped higher which spa...
Q4 earnings thus far have been highly positive not just at home but on a global basis. In the U.S alone, out of the 70% of companies that have already posted earning reports, 85% have beaten their expectations. Not only is the high percentage of companies beating estimates outstanding but companie...
Well, so much for sticking it to the man. Last week, we mentioned the high speculation trade on GameStop (GME) and how it would soon turn out badly. GameStop's stock price soared on the Reddit rebellion and soon found itself falling back down to earth this week. As for the rest of the market and ...
Wall Street was feeling the squeeze this week when traders at Wall Street Bets successfully organized a short-squeeze which has left many traders with paper-rich shares. Now, with brokerage firms like Robinhood restricting trading in heavily shorted stocks (GameStop), it is now a question of not wh...
The market is encroaching on what pundits are now calling an asset bubble. Whether we are in the beginning stages or later stages, it is clear that the stock market is highly overvalued. According to S&P Composite Index: Regression to Trend, the market is trading well above its trendline (monthly ...
Extreme euphoria and excessive speculation have been driving the market as of late. The major market indices are trading at all-time highs. Even with the recent volatility, markets are still in a major uptrend. With continued support from the Feds and Biden's recent callout for a stimulus package...
For the first trading day of the year, markets were sitting at all-time highs and technically in overbought conditions. With uncertainty around the Georgia Senate race, the bears try to push the market lower with a sell-off that resulted in all major indices sitting below 2%. Markets quickly shrug...
Let's face it. The "Santa Claus" rally that started last week and wraps up this week has thus far been moderately bullish. While historically, the last week of December should have been on the side of the bulls, it was rather a volatile and choppy week. SPY just closed a little over .85% higher t...
Is the "Santa Claus" rally upon us? Discovered back in 1972 by Yale Hirsch, the Santa Claus Rally is known in the market as a 7-day trading period that starts on Christmas Eve and ends in early January. Statistical data show the S&P 500 rallying on an average of 76% of the time. So, are we expect...
