After a 1-point move in the S&P 500 (SPX) Monday, things got a bit more interesting through the remainder of the trading week! The index is down 11.36% YTD and is 15.43% below its record close. For the week that was, the S&P 500 finished lower by 2.26%, while managing to stave off 3 consecutive down sessions. The Nasdaq (NDX)…
Reopening Meets Resistance
A financial market resource for the every-day investor and trader.
-
At Resistance Levels, Our Eyes Are Wide Open!
Seth Golden, , Research Reports, 0
We’ve made it through another topsy-turvy week in the equity markets relatively unscathed. There was a good deal of...
-
Earnings Review: Target’s 3rd Quarter Beats Overshadow Negative Sales Growth
Seth Golden, , Research Reports, 0
Last week, Target Corp. (TGT) reported stronger than expected earnings and revenues. This sent shares of TGT higher as...
-
Bear Market Has Weakened, But The Market Gauntlet Is Still Formidable
Seth Golden, , Research Reports, 0
It’s difficult to be too optimistic with another 75bps rate hike (almost certainly) coming next week, and especially given...
-
Weekly Warm-up: What’s the Message?
Seth Golden, , Research Reports, 0
by Morgan Stanley’s Mike Wilson and Company Recent increase in Fed balance sheet is not QE, in our view…Many...
-
The Volatility Trading Complex
Seth Golden, , Research Reports, 0
The equity market, for which we’ll use the S&P 500 (SPX) as our guide, will always maintain varying degrees...
-
Morgan Stanley’s Weekly Warm-up: Tapering on Deck — Stick with Defensive Quality in Factor Frenzy
Seth Golden, , Research Reports, 0
While expected, we think the Fed’s pivot to a more aggressive tapering schedule poses a larger risk for asset...
-
TINA Is Being Voted Out During The Midterm Year
Seth Golden, , Research Reports, 0
A 3-week winning streak for equities came to an end for the S&P 500 (SPX) this past week. April...
-
Summer Doldrums Starting To Surface
Seth Golden, , Research Reports, 0
If it’s been said once it has been said millions of times, “everyone would be a buyer if stocks...