The US Consumer Confidence Index® came in much lower than expectations, and the Expectations Index fell to 72.9. A fall below 80 signals a recession ahead, enough to elevate the fear of economic weakness. As a result, the stock market sold off. But after 11:30 AM ET, the buyers came…
Utilities enter top 5 Last week’s trading, especially the sell-off on Friday, has caused the Utilities sector to enter…
The complexion of the market is changing. Aggressive sectors which have led the market higher are now beginning to…
In the later stages of a bull market cycle, we will often observe a proliferation of bearish momentum divergences.…
Let me start by reminding everyone that I believe the most important relationship in the stock market is how…
The market declined heavily on Friday likely setting up for more downside ahead. We had already begun to notice…
There’s been a lot of wild speculation surrounding gold’s bullish run. When you consider a gold investment, you’re likely…
Disappointing guidance from Walmart (WMT) may have hurt the stock market on Thursday sending the broader indexes lower. But…
With the market selling off into the close today, it’s too early to write my usual “best five sectors”…