In this StockCharts TV video, Mary Ellen highlights the continuation rally in AI-related stocks while also reviewing broader market conditions. The…
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October 4th COVID Update: Wastewater Measure Declines Further
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. For deaths, I’m currently using 4 weeks ago…
Continue ReadingDoes the Market Have Bad Breadth?
As a bull market reaches an exhaustion point, market breadth indicators often tend to diverge from the price action of…
Continue ReadingStocks Soar, Energy Prices Spike: Are Geopolitical Tensions to Blame?
After Friday’s stellar jobs report—254,000 jobs added in September vs. the Dow Jones forecast of 15,000—stocks and Treasury yields initially…
Continue ReadingWhat More do the Bulls Want?
It is a bull market for stocks. On the chart below, the S&P 500 SPDR (SPY) recently broke rim resistance…
Continue ReadingJobs Soar Past Estimates, But What Happens Next?
This morning, September nonfarm payrolls soared past expectations, 254,000 vs. 132,500. Adding to the bullishness was the upward revision to…
Continue ReadingSeptember Employment Report: 254 thousand Jobs, 4.1% Unemployment Rate
From the BLS: Employment Situation Total nonfarm payroll employment increased by 254,000 in September, and the unemployment rate changed little…
Continue ReadingWill Technology Drive S&P Higher in October?
In this video from StockCharts TV, Julius explores the October seasonal outlook for the S&P 500 and various sectors. Seasonality…
Continue ReadingGold Price Surge: What Goldman Sachs’ $2,900 Forecast Means for Investors
Here’s the issue with gold: it’s difficult to find as much info on it as stocks. For many investors, the…
Continue ReadingRealtor.com Reports Active Inventory Up 31.9% YoY
What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a…
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