Stock Market Sells-Off Again Has New Reasons To Sell Stocks Emerge The stock market fell again today, honestly, it doesn’t matter because the reason shifts on daily basis. Rising rates, inflation, trade wars, technology stock valuations, Amazon, politics, more trade wars, now its Apple and yields again! Ugh. Exhausting to say the least. [widget id=”text-16″] …
Tag: sp500
Here We Go Again, Bring On The Apple iPhone Worries
[widget id=”text-23″] Here We Go Again, Bring On The Apple iPhone Worries Michael Kramer and the clients of Mott Capital own shares of GOOGL and TSLA [widget id=”text-19″] I talked yesterday about the importance of today’s trading action, and for the most part, the market’s decline on the day doesn’t come as a surprise. The …
Micron, Amazon, Halliburton, Anadarko All Have Big Breakouts
[widget id=”text-23″] Micron, Amazon, Halliburton, Anadarko All Have Big Breakouts The S&P 500 got up to 2,713, and it stalled out at that level. It makes tomorrow price action critical, because should it rise above 2,713 it signals a strong breakout. If it should move lower tomorrow, it could serve as a double negative, with …
Netflix Jumps, While IBM Slumps, Roku For Real?
[widget id=”text-28″] Netflix Jumps, While IBM Slumps, Roku For Real? [widget id=”text-19″] If the stock market needed the narrative changed then Netflix did just that. The S&P 500 jumped by over 1 percent on the day. The jump helped to the fill the gap at 2,713 was filled today in the S&P 500, closing at …
Netflix’s Monster Beat Continues To Show Why Shares Are Still Cheap
[widget id=”text-23″] Netflix’s Monster Beat Continues To Show Why Shares Are Still Cheap Expectations were high for Netflix, and the company delivered in a big way, adding 7.41 million new subscribers in the quarter. Total subscribers now stand at 125 million, and the company is guiding for that number to climb to 131.20 million at …
A Look At The Stock Market For The Week Of April 16 – Calm Is Returning
[widget id=”text-23″] A Look At The Stock Market For The Week Of April 16 – Calm Is Returning It is anyone’s guess just where the stock market goes this week; now with the addition of geopolitical risk from the airstrike over the weekend in Syria, it is one more thing investors can fret over. The S&P 500 …
Banks, Bets, Breakouts, and Blame – Freaky Friday
[widget id=”text-23″] Banks, Bets, Breakouts, and Blame – Freaky Friday It was another exciting day in the stock market. Nah not really, it was mostly uneventful. Technicals continue to dominate trading, with the S&P 500 testing resistance at 2,672, and testing support at 2,647, at the end of the day, we closed at 2,656. [widget id=”text-19″] …
Technology Stocks Are Getting Ready To Go Higher, Plus Much More
[widget id=”text-23″] Technology Stocks Are Getting Ready To Go Higher There were a couple of positive developments today. First, the S&P was higher, by 83bps, and closed at 2,663. Next, the close above that pesky resistance level at 2,660 we had been watching. Today also established that 2,672 is now the next resistance area. The last …
The Stock Market May Be In The Middle Of A Major Transition
[widget id=”text-23″] The Stock Market May Be In The Middle Of A Major Transition It feels as though the dynamics of the stock market may be changing. Although I can’t say it for sure yet, I feel like the more companies I research and watch, the more reasons I find for stocks to move lower, …
Stocks Breaking Critical Support And Could Be At Risk Of Falling Further
[widget id=”text-23″] Stocks Breaking Critical Support And Could Be At Risk Of Falling Further The stocks market recent bout of volatility is not only exhausting but confusing as well. It started in early February on inflation concerns, it moved to rising yields, to trade war fears, to Facebook, to Amazon, and now back to trade wars. …
Nvidia, Micron, Apple, Amazon Showing Serious Cracks
[widget id=”text-23″] Nvidia, Micron, Apple, Amazon Showing Serious Cracks Despite all the market turmoil, for which the reason seems to change on a daily basis, the S&P 500 is only down 1.38 percent on the year. I think that is the more important thing to focus on, and not the daily swings of 2 percent. …
Stock Market Rally Continues, Jobs Report May Be Non-Event
[widget id=”text-23″] Stock Market Rally Continues, Jobs Report May Be Non-Event In the midday commentary, I noted that S&P 500 was running into some resistance around 2,675, and that level stood firm in the afternoon session. The job report tomorrow will prove critical as to whether the S&P 500 advances further, or suffer a setback. …
Stock Market Sees Big Rally, This Time It Maybe For Real
[widget id=”text-23″] Stock Market Sees Big Rally, This Time It Maybe For Real I think it is time for the overnight equity future traders, to hang up the cleats and put the jersey away and call it a career. Either that or the Algo’s need some severe tweaking for the keywords they are searching in …
Stock Market Volatility May Soon Fade Away
[widget id=”text-23″] Stock Market Volatility May Soon Fade Away I wrote in the midday commentary that for the morning rally to have any legs the S&P 500 need to rise above 2,610 and the XLY to rise above $99.40, and we got both going into the close, with the S&P 500 closing at 2,614, and …
Tomorrow Is An Extremely Important Day For The Stock Market
[widget id=”text-23″] Tomorrow Is An Extremely Important Day For The Stock Market Starting today, I am experimenting with a mid-day trading update. It will be a quick snapshot of the days market action, and a couple of things I’m watching. For now, the only way to get sent it directly to you will be through push …
8 Stocks and 3 Sectors To Watch For The Week Of April 2!
[widget id=”text-23″] 8 Stocks and 3 Sectors To Watch For The Week Of April 2! The first quarter ended on a positive note, with the S&P 500 finishing Thursday higher by about 1.4 percent. It appears for now that a double bottom has been put into place on the index when looking at the intraday …
Chip Stocks Perform The Best, But Not Micron – Predictions For 2Q
[widget id=”text-23″] Chip Stocks Perform The Best, But Not Micron – Predictions For 2Q The semiconductor sector, despite the high levels of volatility, still managed to rise by 6 percent in the first quarter, while consumer staples fell by nearly 7.5 percent. The S&P 500 managed to slip just over 1 percent, not bad given how …
The Stock Market Breaks Out, Is The Bottom Now In Place?
[widget id=”text-23″] The Stock Market Breaks Out, Is The Bottom Now In Place? We made it, the week, the month, and the quarter are all concluding together, and it couldn’t have come at a better time. The stock market is in rally mode, with the S&P 500 up about 1.7 percent as of 2:45, and …
It Is Now Crystal Clear Why The Stock Market Is Falling
[widget id=”text-23″] It Is Now Crystal Clear Why The Stock Market Is Falling It has been another wild day on Wallstreet, and it is now crystal clear what is going on. This isn’t about trade wars, it isn’t about the Fed, it is a technology-led sell-off of companies that appear to carry stretched valuations. But suddenly signs of separation began …
The Stock Market Is Going Down Because It’s Going Down
[widget id=”text-23″] The Stock Market Is Going Down Because It’s Going Down I’m struggling to get a handle on what is happening, and the stock market feels more like a casino than anything else. The losses across the market evaporated the gains from yesterday, as technology stocks continue to get hammered. Did the trade war …