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Uncertainty Following Last Week's Rebound
November 5, 2018, 7:37 AMStocks were going down on Friday, as investors reacted to the monthly jobs data release. Was it just some profit-taking action following the recent advance or a downward reversal? Will the S&P 500 index get back below 2,700 mark?
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Sentiment Remains Bullish Despite Apple's Earnings Disappointment
November 2, 2018, 7:41 AMStocks broke higher on Wednesday and they continued upwards yesterday. Is this an upward reversal or just a correction within an uptrend? The S&P 500 index got back to its long-term upward trend line, but will it continue higher?
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S&P 500 at 2,700 Again, New Uptrend or Just Correction?
October 31, 2018, 7:53 AMStocks were gaining on Tuesday, as investors' sentiment improved after Monday's volatile trading session. The S&P 500 index remained below the level of 2,700, but it traded 3% above the Monday's daily low. Has the market reached a short-term bottom? Or was it just a quick upward correction before another leg lower?
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Stocks Deepen Their Losses Again
October 30, 2018, 7:14 AMMonday's trading session was very volatile. Stocks extended their downtrend folliowing an upward reversal at the opening of the day. The S&P 500 index fell to new medium-term low close to 2,600 mark, before bouncing off the support level. Has the market reached a short-term bottom? Or was it just a quick upward correction before another leg lower?
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Friday's Late-day Bounce - Chance for Bulls?
October 29, 2018, 7:37 AMStocks continued their downtrend on Friday, as investors reacted to Thursday's big cap tech stocks' quarterly earnings releases. The releases were quite good, but the weak future guidance mattered the most. The S&P 500 index fell below its Wednesday's local low. However, it was gaining at the end of the day. Was it a short-term bottom?
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