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The stock market sits on some crucial support levels after last week’s sell-off. Should we break those support levels, we could be looking at another bear market (or possibly just a continuation of the 2022 bear market, depending upon who you ask). But if we bounce off of these key support levels, that could trigger […]

Tesla earnings, Netflix earnings, and over a dozen Federal Reserve speakers will really move the stock market this week, as well as some very important economic data. Last Week Recap Despite fears over the Israel-Hamas war causing uncertainty and oil prices to rise, the DOW rose for the first time in 4 weeks, and the

After a horrible September that saw the S&P fall nearly 5% and the NASDAQ fall by more than 5%, the market is shaping up for a rebound in October. But first, we’ll have to get through this week’s economic news. Last Week Recap While the DOW fell more than 1% last week, the S&P and

The FOMC meeting this week is colliding with the UAW strike and a pending government shutdown. History could repeat itself this September as September historically trades flat for the first two weeks before dropping sharply in the second half of the month. Unfortunately we only have historical data to use to predict where the stock

With market sentiment at neutral, this week’s inflation data could set the market direction for the rest of the month. Outside of the inflation data though, there’s not a lot of news to move the markets this week. So I would expect Monday and Tuesday to be fairly flat or down slightly over fears of

September is historically the worst month of the year for stocks, but so far stocks are rising. The charts are bullish, and market sentiment is greedy. After the drop we had in August, will the market break the historical trend and actually continue to rise this September, or was the bullishness over the past two weeks

PCE Inflation Data and the August Jobs Report will be the biggest things investors watch this week. But with market sentiment being flat, it’s nearly impossible to tell how the stock market will respond to this week’s economic data. And with all of the news coming out this week, it’s not possible to include it

Nvidia earnings and Jerome Powell’s speech at Jackson Hole will be the biggest market movers this week. Outside of those two events, there isn’t a lot of news to move the markets. And that’s probably a good thing. After the worst decline since December, the market is ready for a much needed breather. During downturns,

Earnings season ends this week just as the Fed’s July meeting minutes are released. By Thursday the major news cycle will be over, and the market will ponder what’s next. Although August is historically a flat month with September being the worst month of the year for stocks, this August has started out horribly with the S&P

Of the 84% of S&P 500 companies that have reported earnings so far, nearly 80% have beat analyst expectations. But with valuations already high, not every stock has risen after beating earnings expectations. Most notably, Tesla, Microsoft, and Ford all fell after earnings. The extremely bullish market sentiment we’ve experienced over the past few months