Positive Price Action Smacks Into a Tough Calendar, Few Catalysts
The technical strength is impressive, but it requires a diet of positive news to sustain the momentum.
The technical strength is impressive, but it requires a diet of positive news to sustain the momentum.
Plus, where on the sentiment cycle is the software sector?
We have the biggest weekly gains since April, but a number of negative catalysts are lurking.
Let’s dive in and look at the equal-weight S&P and try to understand why breadth isn’t stronger.
These small-cap biotechs offer core businesses that fund a much bigger opportunity.
Investors are stuck dealing with more questions over the state of the Strait, economic data that doesn’t quite make sense, and accusations of fake news.
The market mood has improved this week, but fundamentals are still under debate.
With the S&P 500 setting new highs, the bears have left the building. Here’s what I’m paying attention to.
There was still plenty of speculative action in small stocks, but the indexes needed a rest.
Are ‘Happy Days’ here again? Let’s check the stats, charts and the action on Wall Street. Also, guess who’s getting beat up along the way….