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Upward Reversal or Just Dead Cat Bounce?
October 12, 2018, 7:18 AMStocks continued their Wednesday's sell-off yesterday, as investors' sentiment remained bearish following the recent bond yield's surge, among other factors. But we saw an attempt at bouncing off the support level. Will the downtrend reverse? Or is this just some dead-cat-bounce correction?
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Sell-off in October, Just Seasonality?
October 11, 2018, 7:25 AMInvestors were selling stocks in panic yesterday, following breaking down below the support level of the late January local high. The S&P 500 index has retraced its three-month-long advance in one day, and it fell below the level of 2,800. Will this sell-off continue today?
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Stocks Going Sideways, Short-term Bottom?
October 10, 2018, 7:21 AMStocks went sideways on Tuesday, as investors hesitated following the recent decline. The S&P 500 index continues to fluctuate along the support level of its late January high. Is this a bottoming pattern before an upward reversal or just a relatively flat correction before another leg down?
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Stocks at Their Late January High, Which Direction is Next?
October 9, 2018, 7:23 AMMonday's trading session was mixed, as investors hesitated following the recent decline. Was it some bottoming pattern before an upward reversal or just a relatively flat correction before another leg down?
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New Downtrend or Just Downward Correction?
October 8, 2018, 7:19 AMStocks continued their short-term downtrend on Friday following the monthly jobs data release. The S&P 500 index fell to its late January local high of around 2,873, before a quick intraday upward reversal. So will the downtrend continue? Or is this just some profit-taking action before another medium-term leg up?
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