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Stocks: Sell-Off Followed by Big Bounce Back, What's Next?
August 6, 2019, 7:34 AMMonday's trading session was very bearish, as investors reacted to the U.S. - China trade war negative developments. The S&P 500 index accelerated its short-term downtrend following breaking below the 2,900 mark. It fell closer to the 2,800 level, as it retraced much more of the June-July advance. Will stocks reverse upwards following an overnight rebound?
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S&P 500: Investors Fear but Reversal May be Ahead
August 5, 2019, 7:41 AMStocks extended their short-term downtrend on Friday, as investors' sentiment remained bearish following the renewed U.S. - China trade war fears. The S&P 500 index got closer to the 2,900 level after breaking below the 3,000 mark on Wednesday. Is this a new medium-term downtrend or just short-term correction?
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Tuesday's Short is in Profit, but How Low Will S&P 500 Go?
August 2, 2019, 7:33 AMThursday's trading session was bearish, as stocks reversed their intraday upward course and closed lower again. The S&P 500 index broke below the 3,000 mark on Wednesday and then it broke below the early May local high of around 2,954 yesterday. So is this a new downtrend or still just a quick correction within an uptrend?
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Stocks' Post-Fed Sell-Off - New Downtrend or Just Correction?
August 1, 2019, 7:31 AMStocks turned lower on Wednesday, as investors reacted to the Fed's interest rate cut. The S&P 500 index broke below the 3,000 mark and it got closer to the early May local high of around 2,954. Then the index slightly bounced before closing 1.1% lower. So is this a new downtrend or just a quick correction within an uptrend?
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Uncertainty Ahead of Fed's Decision, Will Stocks Continue Higher?
July 31, 2019, 7:13 AMStocks were slightly lower on Tuesday, as investors took some short-term profits off the table ahead of the coming economic data, earnings releases. The S&P 500 index reached the new all-time high of 3,027.98 on Friday. Will it continue higher despite some short-term technical overbought conditions?
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