The chart below shows that the price movement of the DJIA since year 2000 has corrective characteristics. In our opinion, an expanding flat correction has been developing after the orthodox top of wave “(3)”. Currently in wave “B”, we think that a new, massive crash for wave “C” of (4) is highly probable.
The Fed's widely-expected rate cut couldn't prevent a weekly drop for the SP500 as investors' focus shifted to AI margin worries following Oracle and...
The SP500 is down a bit this week as investors avoid activity prior to the Fed's verdict on interest rates due on Wednesday. Can...
The SP500 eked out a second weekly gain in a row and is now within striking distance of a new all-time high. Would that...
The Fed's widely-expected rate cut couldn't prevent a weekly drop for the SP500 as investors' focus shifted to AI...
The SP500 is down a bit this week as investors avoid activity prior to the Fed's verdict on interest...
The SP500 eked out a second weekly gain in a row and is now within striking distance of a...
The SP500 looks calm on the surface as investors await fresh ADP jobs data and September's delayed PCE inflation...
The bulls have plenty to celebrate as the SP500 rebounded strongly in the final week of November to close...
Stocks are off to a good start this week with the SP500 having already recouped last week's losses. Can...
The SP500 fell again this past week even as Nvidia smashed earnings estimates and September jobs data came in...
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