Tag: S&P500

The SP500 achieved a weekly close above 4200 for the first time since August, 2022, while many still doubt that this rally has legs....

The deadline for raising the US debt ceiling is fast approaching and the stock market is getting nervous. How much further can stocks drop...

The SP500 rose past the 4200 mark last week before closing back below it again. Can we finally see a decisive breakout in the...

The SP500 keeps hovering in a tight range as investors increasingly worry about the approaching deadline for raising the debt ceiling. How does the...

Even this week's US inflation data couldn't make the SP500 move much. Judging from our latest Elliott Wave analysis, however, things might get interesting...

The SP500 is down a bit for the week as investors brace for another important piece of inflation data to be released on May...

The 4200 resistance area caused another drop to the support near 4050 last week, before the SP500 bounced up from it again. Can stocks...

The SP500 is down for the week so far as investors brace for another 25 bps rate hike to be announced by the Fed...

Strong Q1 earnings by Big Tech and further PCE index deceleration helped the SP500 regain its footing and close in the green last week....

Earnings at Microsoft and Alphabet, two SP500 heavyweights, came in stronger than expected yesterday. Can they help the uptrend to resume? Read in our...

The SP500 closed the third week of April hardly changed as investors await the latest PCE index reading and the Fed's next rate decision....

The SP500 is timidly up again in an attempt for a sixth consecutive weekly gain despite expectations for another 25 bps rate hike by...

The SP500 closed in positive territory for the fifth consecutive week after March inflation data came in lower than expected. Can this timid recovery...

The SP500 is hardly changed since the beginning of the week as investors brace for crucial inflation data in the latest CPI report later...

The SP500 closed little changed in an uneventful week shortened by the Easter holidays. The Elliott Wave setup we've been relying on for over...

The SP500 hardly changed during the first two days of the week and the Elliott Wave chart which helped us predict the recovery from...

The SP500 closed in the green for the third week in a row helped by lower-than-expected February inflation. What's left of this rally with...

The SP500 is hardly changed since the start of the week. The Elliott Wave outlook and the macro picture have aligned for a big...

High inflation, surging interest rates, bank worries in both the US and Europe. Can the SP500 stage an unlikely recovery, anyway? Read in our...

While investors hold their breath until the Fed's interest rate decision on Wednesday, the market seems to have made its mind already. In our...

The SP500 regained some ground last week as investors bet on a less hawkish Fed following the collapse of Silicon Valley Bank. Can the...

The Fed has put itself between a rock and a hard place, having to both tame inflation and support the banking sector at the...

Jerome Powell's hawkish comments and the sudden failure of Silicon Valley Bank led to a sharp decline in the SP500 index last week. How...

The SP500 dropped Tuesday after Jay Powell left the door open for a bigger rate hike later this month as the Fed struggles to...

The SP500 suddenly bounced up last week in a recovery the Elliott Wave principle helped us predict in advance. Can the bulls really be...

The SP500 closed the month of February in negative territory after inflation reaccelerated and interest rate hike fears resurfaced. Does this mean that the...

Just when stock market bulls thought they were out of the woods, inflation reaccelerated in January, likely pushing interest rates even higher. Is there...

The SP500 is down for a third straight week as investors fear that persistent inflation would force the Fed to keep raising interest rates....

The SP500 lost some ground for the second week in a row after CPI data for the month of January showed inflation was stickier...

Yesterday's CPI reading for the month of January showed another decline in the rate of inflation, albeit smaller than expected. Is this going to...