Stocks drop for a second day.
Author: Michael Kramer
The Case For A Market Reversal Grows Stronger, As Economic Reality Sets In
The gap between the economic surprise index and the S&P 500 is growing wider.
Weak June CPI Report Causes A Big Rotation In The Stock Market, As Yield Curve Steepens
Rotate!
Stocks Reach 1998 to 2000 Bubble- Like Levels
The 2022-2024 S&P 500 has risen more than the bubble of the 1998 to 2000 bubble.
Chicken’s In The Coal Mine Send A Warning Message For Stocks
Wingstop has been struggling as of late.
The S&P 500 TriggersTwo Major Reversal Patterns The Week of June 28, 2024
The S&P 500 triggered a reversal pattern on the daily and the weekly technical charts on Friday.
Global Markets Diverge For Now
Europe and the US markets are on separate roads at this point.
The S&P 500 Continues To Defy All The Odds
It appears the market has entered something that looks like the matrix.
Most Stocks Fall, Despite S&P 500 Gains on June 25, 2024
Stocks finished the day mostly lower despite, the S&P 500 rising thanks to Nvidia.
Stocks Stall As Nvidia and Bitcoin Tank On June 26, 2024
Stocks finished lower on the day after Nvidia and Bitcoin both fell by more than 6%.
Overbought Stocks May Be Facing Slowing Economic Growth
Inflation swaps suddenly think inflation has vanished, and that is a big concern.
The Over Extended Nasdaq May Have Reached an Inflection Point
The NASDAQ 100 has reached some wildly overbought levels on the weekly charts.
VIX Suppression Leads Stocks Higher On June 17, 2024
The VIX was pegged below 13 the day before OPEX.
The NASDAQ Nears A Major Change In Trend Amid Softer Economic Data
The NASDAQ 100 is now seen a 100% extension and has potentially completed a pattern.
Stocks Trade Mostly Lower As Spreads Widen On European Jitters
Stocks traded mostly lower today, even though S&P 2 finished the day higher
Stocks Reach Overbought Levels During The Fed’s Blindfolded High Wire Act
The S&P 500 climbed above 70 on the RSI and upper Bollinger band today.
Stocks Finished Mostly Lower One Day Ahead of The CPI And Fed
Stocks were mostly lower on the day despite a higher S&P 500.
Implied Volatility May Rise Sharply Ahead of CPI, The Fed
The VIX 1day implied volatility level closed the day 8, and is typically much higher heading into a CPI and Fed Meeting.
Wall Street Has Been Slow To Adapt To A Higher For Longer Fed
The last holdouts looking for July Rate cuts are capulating.
Stocks Stall Ahead Of Pivotal May Employment Report
Stocks finished the day flat ahead of the big May Job report