Market conditions are Mildly bearish in a Bear Market as of 2023-03-07. This means traders and investors should consider trading with a bearish bias by raising stop levels on winners and selling losers. The rank of the Bear Market is -4.69. The most recent Sell Signal came on May 12, 2022. Market Trend Indexes Sectors […]
Read MoreMarket conditions are Bearish in a Bear Market as of 2023-02-28. This means traders and investors should consider trading with a Bearish bias by shorting stocks, buying inverse-ETF’s or buying put options. The rank of the Bear Market is -5.53 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read MoreMarket conditions are Mildly bearish in a Bear Market as of 2023-02-21. This means traders and investors should consider trading with a bearish bias by raising stop levels on winners and selling losers. The rank of the Bear Market is -6.07 which indicates the current market conditions are Extreme, Risk of a reversal is high. […]
Read MoreMarket conditions are Mildly bearish in a Bear Market as of 2023-01-18. This means traders and investors should consider trading with a bearish bias by raising stop levels on winners and selling losers. The rank of the Bear Market is -11.87 which indicates the current market conditions are Extreme, Risk of a reversal is high. […]
Read MoreMarket conditions are Mildly bullish in a Bear Market as of 2023-01-09. This means traders and investors should consider trading with a Neutral or Bullish bias by buying stocks and setting tight stops. The rank of the Bear Market is -12.86 which indicates the current market conditions are Extreme, Risk of a reversal is high. […]
Read More(Bloomberg) — Exchange-traded fund investors took Wednesday’s stock-market surge as an opportunity to offload $8 billion of holdings in two of the biggest equity funds. Investors pulled $5.8 billion from the $380 billion SPDR S&P 500 ETF Trust (ticker SPY), marking the largest withdrawal since September. Meanwhile, the $162 billion Invesco QQQ Trust Series 1 […]
Read More(Bloomberg) — Euphoria is sweeping every corner of Wall Street in the wake of the latest data that suggests inflation is peaking from a four-decade high. Yet big money managers are in no mood to celebrate – betting that the world will have to contend with elevated prices for years to come, in a game-changer […]
Read More(Bloomberg) — As US stocks surged to the best day in two years, one of the market’s most reliable group of buyers was nowhere to be found. Day traders dumped equities in droves, selling a net $2.65 billion in shares as the S&P 500 jumped more than 5%. The disposal was the most since JPMorgan […]
Read More(Bloomberg) — Global equities trimmed a weekly loss as Chinese shares surged amid signs that authorities are trying harder to ease the impact of the Covid-Zero policy. European and US futures rose and a gauge of Asian shares headed for the biggest weekly jump since July. Hong Kong-listed technology stocks rallied as much as 10%. […]
Read More(Bloomberg) — JPMorgan Chase & Co.’s boss Jamie Dimon says the US stock market could suffer another “easy 20%” drop, which would push the benchmark index below 3,000 — a level it hasn’t seen since the depths of the coronavirus pandemic. So what would another slide of that magnitude actually look like and which stocks […]
Read More(Bloomberg) — It’s hard to blame any stock-market investor for being confused right now. The S&P 500 and Nasdaq 100 indexes are both coming off their best weeks in a month. But the way Friday ended, it’s hard to feel optimistic. Where the market goes from here likely lies in a batch of economic data […]
Read More(Bloomberg) — As ever, a fast market rebound has unleashed a deluge of views on whether the move will last. Chart analysts, cognizant that no rally has survived this year’s downdraft, are generally optimistic this one has room left to run. Monday’s 2.6% surge in the S&P 500 was broad-based: 486 of its members gained. […]
Read More(Bloomberg) — A crisis of confidence in the outlook for the UK’s finances was the latest trigger for risk aversion, helping drag the S&P 500 Index to an almost two-year low. Yet with investor sentiment in the gutter and the Bank of England vowing to open the checkbook to prop up its bond market, could […]
Read More(Bloomberg) — Sentiment has turned so bad for global equities that an indicator developed by Sanford C. Bernstein & Co. has sent a buy signal. “Another bear market rally is very possible,” strategists including Mark Diver and Sarah McCarthy wrote in a note. “Investor sentiment has now reached such negative levels” that the odds of […]
Read More(Bloomberg) — Options traders spooked by turmoil across Wall Street snapped up protection against further losses in stocks at the fastest pace on record. More than 33 million bearish contracts changed hands Friday across the board, the busiest session since data began in 1992. The largest exchange-traded fund tracking the S&P 500 (ticker SPY) also […]
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