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Paul Rejczak
Aug 27, 2019
S&P 500 at Cliff’s Edge Again
Friday’s trading session was very bearish, as the stock market reacted to a series of negative U.S. – China trade war news. The S&P 500 index got back close to the recent local lows. Will stocks rebound off a support level?
Paul Rejczak
Aug 19, 2019
Stocks Ready to Jump Again, but Is Downtrend Over?
Stocks retraced some of their recent declines on Friday, as investors’ sentiment improved following bouncing off the short-term support level, economic data releases. The S&P 500 index continues to trade within a consolidation. Is this a bottoming pattern or just a flat correction before another leg down?
Paul Rejczak
Aug 12, 2019
Are Stocks Turning Lower Again?
Friday’s trading session was bearish, as stock retraced their Thursday’s advance. However, the S&P 500 index remained above the 2,900 mark. So will the short-term uptrend reverse? Or is this just a downward correction before another leg up?
Paul Rejczak
Aug 01, 2019
Stocks Going Lower After Fed, Were We Right About the Topping Pattern?
Stocks 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.
Alexander Kuptsikevich
Jul 09, 2019
Fed Speeches are In Focus, While Apple Has Pulled The Markets Down
Friday’s Nonfarm Payrolls are still influencing the investors’ sentiments.