Do you know what mining companies did yesterday? They verified a major breakdown, confirming the extremely bearish outlook for the following months. What? The miners rallied? Oh, you mean the senior mining stocks ( HUI , GDX…) – then yes, they moved a bit higher. But the junio...
Przemyslaw Radomski, CFA
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October 31, 2019
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As expected, the S&P 500 had a down session yesterday. Opening with a sizable gap, the bears continued their push to move prices lower. Since the futures have been pointing higher before the unemployment claims came in, does it mark a tradable turnaround? In short, that&C...
Monica Kingsley
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April 2, 2020
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Stocks made it clear they were not ready to decline back to the 50% Fibonacci retracement yesterday, and instead opened higher. The bulls have been patiently and slowly adding to their modest intraday gains, before losing them all in the final 45 minutes of trading. How did th...
Monica Kingsley
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May 6, 2020
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On the heels of the Fed’s unlimited QE promise, the S&P 500 sprang to life finally. All the gains though were given up in less than three hours. As the futures keep climbing overnight, does it herald a turnaround? Let’s start our analysis wi...
Monica Kingsley
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March 24, 2020
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Stocks are entering the holiday-shortened week on a strong note. There was no selloff on Friday, as has been the case three preceding weeks in a row. This weekend, there were no spooky coronavirus headlines. Stocks finished on Friday close to their yearly highs, and the beat g...
Monica Kingsley
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February 18, 2020
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Stocks couldn’t build on Wednesday’s gains, and the bulls had to face selling pressure during yesterday’s regular session. While they’ve dealt with a good part of the intraday downswing, they couldn&CloseCurlyQuot...
Monica Kingsley
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May 1, 2020
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After Thursday's blood bath, Friday's recovery fizzled out, new weekly lows were made and as well rejected – where next in this correction? Given the preceding momentum, I would look for some more down-to-sideways action before the upswing reasserts itself. Despite the late-Fr...
Monica Kingsley
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June 15, 2020
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Despite yesterday’s bearish opening gap, the bulls closed it, taking prices higher in a very measured and cautious way. Then, the bears took over the reins and drove the index well below the levels at the start of the day. Have we seen a reversal? In short,...
Monica Kingsley
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May 20, 2020
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Helped by the financial sector headlines, stocks reversed higher yesterday - is the downside move drawing to a close? It might look so, but I'm not convinced yet. Despite the generally positive S&P 500 performance during the runups to Independence Day, the new Fed rules might ...
Monica Kingsley
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June 26, 2020
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In Friday’s Alert, we warned that gold and USD movement in the next few days might be a bit chaotic due to the geopolitical news that are currently hitting the markets. The new steps in the Brexit saga and the U.S.-China agreement continue to support intraday v...
Przemyslaw Radomski, CFA
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December 17, 2019
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