Monday's trading session was bullish, as the broad stock market extended its Friday's late session advance reaching the new all-time high. However, its intraday trading action wasn't that bullish, because we saw a clear profit-taking action. Investors were "selling the facts" after the G20 Osaka Summit. So was it a downward reversal or just another correction within an uptrend?

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Friday's trading session was bullish, as investors' sentiment improved ahead of the G20 Osaka Summit. The S&P 500 index reached the new record high of 2,964.15 on the previous Friday. Then it broke below the 2,950 mark and it retraced most of the recent rally. But it wasn't a downward reversal, because we will likely see a record-breaking rally today.

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Stocks extended their short-term consolidation on Thursday, as investors continued to hesitate following Tuesday's decline. The S&P 500 index reached the new record high of 2,964.15 on Friday a week ago. Then it broke below the 2,950 mark and it retraced most of the recent rally. So was it a downward reversal or just another short-term correction?

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Stocks were mixed on Wednesday, as investors hesitated following Tuesday's decline. The S&P 500 index reached the new record high of 2,964.15 on Friday. Then it broke below the 2,950 mark and it retraced most of the recent rally. So was it a downward reversal or just another short-term correction?

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Stocks broke below their short-term local lows on Tuesday, as investors took profits off the table following last week's advance. The S&P 500 index reached the new record high of 2,964.15 on Friday. Then it broke the 2,950 mark and yesterday it retraced most of the recent rally. So was it a downward reversal or just another short-term correction?

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