Tag: NASDAQ

If not for a late afternoon rally, the NASDAQ would have been in full name technical trouble. What’s full name trouble? I don’t know about you, but when I was a kid, heat was coming when mom went, “Richard” get...

It’s a good thing stocks rebounded to start October trading; otherwise, it might have been catastrophic. The NASDAQ finished up September with a 52-week closing low but managed to stay within a whisker of its 52-week intraday low of 10,565.14....

Wall Street tried to rally early to start the week, but buyers gave way to sellers. Investors used morning strength to sell and move money to the sidelines. It was the fourth down day in a row. With the lack...

Stocks took it on the chin last week, getting KOd by the one-two punch of higher-than-expected transitory inflation that inched up and FedEx’s earnings miss. Wall Street was hopeful that the Federal Reserve would be able to engineer a soft...

It’s a neck brace market from all the back and forth. Last week, we mentioned that the NASDAQ was likely to bounce higher because it entered oversold territory. The index has gone straight up since last Wednesday and broke through...

September is historically the worst performing month for stocks by a wide margin. (1) And it’s not looking good for this September either. The NASDAQ barreled through support at the 50-day moving average like a bull through a bullfighter’s red...

It’s over! The rally that knocked the stock market’s rebound out of a bear market is officially done. The NASDAQ crashed last Friday after Jerome Powell and company put investors on notice that interest rates are going higher until inflation...

How quickly things can change. Last week we wrote that the NASDAQ was due for some profit taking as the index scored a Relative Strength Index (RSI) score or more than 70. We thought the NASDAQ would slip to around...