Bonds Seem to Get It: Fed Won't Cut Rates Anytime Soon
Stocks finished yesterday lower by around 1.5% on the S&P 500, while the Nasdaq 100 QQQ declined by about 1.5%. Meanwhile, rates continued to climb, with the 30-year climbing to about...
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NASDAQ 100: Can It Reach $14400s?
Two weeks ago, see here, we warned it was time to be a bit more cautious for the Bulls based on the interpretation of the price action for the Nasdaq 100 using the Elliott Wave Principle...
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The S&P 500 Could Drop to the 4270 Level's
In our previous update for the S&P 500, see here, we found, using the Elliott Wave Principle (EWP), “… the decline since the July 27 high, at $4707, [to the August 18, $4335 low] counts best...
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Will Semiconductors Double Top Take Stocks Down?
The stock market appears to be limping its way through the final stages of its rally.The major stock market indices have yet to make new highs and are in stall-out mode. A bit concerning,...
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NASDAQ 100: Time for a Bit More Caution
Two weeks ago, see here; we found, based on our interpretation of the price action for the Nasdaq 100 using the Elliott Wave Principle (EWP) "the index has so far, only completed three...
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Is the Market Due for a Deeper Reversion? Trends Don't Lie
Despite a turbulent August, the market remains in overall good shape As September kicks off, many of the same pressures should remain in place Let's take a look at various trends to...
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3 Reasons Why Stock Investors Should Brace for a Stormy September
September is expected to be another volatile month on Wall Street amid a trio of major market-moving events. All eyes will be on the upcoming U.S. jobs report, CPI inflation data, and the...
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How High Can Bond Yields Go Before Crashing the Nasdaq 100?
US 10-year bonds have reached the highest levels since 2007 PMIs for the US economy continue to show a negative trend Meanwhile, a bearish session for the Nasdaq 100 indicates a high risk of...
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NASDAQ 100: Did the Bears Fumble?
Three weeks ago, see here; we found, based on our interpretation of the price action for the Nasdaq 100 using the Elliott Wave Principle (EWP) "A drop below $15375 will be our first signal...
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Dow Jones Holds the Line, Semiconductors Shine, Nasdaq in Limbo: What Lies Ahead?
I didn't mention this yesterday, but the Dow Jones Industrial Average has managed to defend breakout support. While other indexes fluff their lines, there is still a buying opportunity for...
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Why Market Corrections Are Buying Opportunities, Not Panic Selling Moments
The stock market is cyclical and corrections are normal The best way to avoid getting caught up in short-term volatility is to focus on the long term Corrections can be scary, but they are...
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Is Dr. Michael Burry Shorting the U.S. Economy Again?
Is China's crackdown on economic news sufficient for another Big Short? Immortalized by Christian Bale in The Big Short, Dr. Michael Burry is stirring ‘animal spirits’ in the...
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Why You Should Consider Buying Treasury Bonds Now
Government bonds or stocks: If you were picking an asset class to outperform over the next 18-24 months, which would you choose?Such was an interesting point made by Greg Feirman last week....
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Overbought Conditions Evident as Majority of NASDAQ Stocks Trade 10% Above 200 DMA
The NASDAQ stock market, a prominent indicator of technological and innovative trends, is currently witnessing a significant phenomenon: 56.31% of its listed stocks are trading over 10%...
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NASDAQ 100: 16K Target Still on Track?
A week and a half ago, see {{art-200640168||here; our primary expectation based on our interpretation of the price action for the Nasdaq 100 using the Elliott Wave Principle (EWP) was: "… a...
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Apple, Microsoft and Alphabet: Even More Overvalued After Nasdaq 100 Rebalancing?
Tech companies on Nasdaq 100 have seen their weightage reduce post rebalancing Apple, Microsoft, and Alphabet are all trading in overvalued territory Can these 3 companies continue their...
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Nasdaq 100 Rebalancing: Will ETFs Feel the Pressure to Sell Top Growth Stocks?
The Nasdaq 100 index is set to undergo its third rebalancing in history It will reduce the weight of the top seven stocks in the index Could that induce selling pressure from ETFs that track...
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Earnings Growth, Not Fed Policy, Drives Stock Market Returns
This is one of the most popular and yet misleading charts in macro.People like simple narratives: the Fed is ''pumping money'' into the ''system,'' and that's why equity markets go...
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Large Cap Tech Eyeing Massive Implication Level
There is just no sugarcoating it: Technology stocks are the hottest sector on the planet.And if the broader stock market wants to keep its upside momentum, it will need tech stocks to remain...
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Market Rally Faces Key Test Next Week as ‘FAAMG’ Earnings Loom Large
Microsoft, Alphabet, Meta Platforms, and Amazon report earnings next week, with Apple scheduled for the following week. ‘FAAMG’ profit, revenue growth, guidance updates will be...
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Nasdaq 100 Stampede Poised to Take a Breather
Two weeks ago, see here; our primary expectation based on our interpretation of the price action for the Nasdaq 100 using the Elliott Wave Principle (EWP) was to drop to $14000 before...
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Russell 2000 Soars; S&P 500, Nasdaq Approach Resistance: What's Next?
A bright start to the week has given bulls a vital advantage, although trading volume remained light overall. Since the breakouts happened in early July, I would now be looking for a more...
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5 Growth Stocks to Own Ahead of Earnings as Conditions Keep Improving for Tech
The tech-heavy Nasdaq 100 has been the top-performing index on Wall Street in 2023. Receding inflation worries and easing fears about further Fed rate hikes will likely continue to boost...
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Russell 2000 Breaks Out, S&P 500, Nasdaq Follow Suit: Strong Weekly Finish Likely?
The Russell 2000 made its move, but today it was Nasdaq and S&P 500's turn. Technically, the breakouts for both of these indexes occurred yesterday, but doji doesn't really qualify because...
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NASDAQ 100: Is 14000 Next?
Two weeks ago, we used the Elliott Wave Principle (EWP) to determine where the NASDAQ 100 (NDX) could potentially bottom.We expected: “The market is…in a counter-trend rally: green W-b/2....
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Jobs to Propel U.S. Stock Market in July?
Both the Nasdaq 100 and the S&P 500 have kept a steady pace of growth in the last six months. Recession fears, bank failures and other risks don't seem to have dampened the spirits of US...
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Generative AI Steals the Spotlight in H1 2023
Global markets have remained relatively calm over the past week even as Fed Chair Jerome Powell reiterated a hawkish stance, signaling a possibility of additional rate hikes.However, as we...
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Are We in for a Repeat of the Dot-Com Bubble on Nasdaq 100?
Nasdaq 100's H1 2023 rally was the fastest rise since 1999 Interest rate cuts unlikely this year in the US So, where will the index's ongoing rebound end? InvestingPro Summer Sale is on:...
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NASDAQ 100 Update: Is the Bull Finished?
Last week, see here, we used the Elliott Wave Principle (EWP) to determine where the Nasdaq 100 could potentially top.We expected, “the orange W-3, 4, 5 sequences to complete over the next...
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Stagflation Warning: Fed’s Battle Against Inflation Is Far From Won
The upcoming week in the stock market is set to be bustling as Jay Powell is slated to deliver his testimony before both the House and Senate on Wednesday and Thursday. It’s unlikely...
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Double Sell Signal on the Nasdaq
In the dynamic world of trading and investing, the COVID-19 pandemic has served as a transformative catalyst. Market behaviors, trader attitudes, and even commonly used indicators underwent...
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Nasdaq 100: Where Will the Bull Run End?
At the end of May, we used the Elliott Wave Principle (EWP) to determine where the Nasdaq 100 could potentially top. Back then, we were looking for a top around $13940-14230 based on the...
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Decisive Week Looms for Global Economy: Here's Why Inflation Still Matters
Markets face a decisive week, with the Fed and the ECB likely to put an end to their rate hike cycles Markets will now focus on how long rates will stay high—as well as the Fed's...
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