Tag Archives: technical analysis
Market Update – March 4, 2016
Major averages closed the week ended March 4 up 2%-3%. This marked the third consecutive week of gains. The S&P 500 gained 2.7%, but smaller stocks have led the way during this rebound. The S&P Mid-Cap 400 gained 4.4% and … Continue reading
Posted in Market Commentary Tagged energy stocks, gold mining stocks, Stock market, Stock Market Update, technical analysis Comments Off on Market Update – March 4, 2016
Is A Market Bottom At Hand?
Ignoring, for the moment, the last three days of trading action, the stock market appears to be in the early stages of a correction. Last week, the S&P 500 broke below 1820, its October 2014 low, setting the next downside … Continue reading
Posted in Market Commentary Tagged S&P 500, Stock market, technical analysis Comments Off on Is A Market Bottom At Hand?
Ready for Another Dive?
It really looks too easy. Even though the S&P 500 is up 4.9% from its August 25 low, market sentiment has become decidedly negative. That the market is headed for a retest of its October 15 low is fast becoming … Continue reading
Posted in Market Commentary Tagged technical analysis Comments Off on Ready for Another Dive?