There’s still no shortage of bad news, but the S&P 500 Index has recovered. Does this mean the bears were wrong? Some testing shows that they probably were.
Right now, small-cap stocks are performing worse than large-cap stocks, which is a sign of weakness in the broad market.
Dozens of retailers have declared bankruptcy this year. Others are on “death watch.” And until momentum breaks higher, prices are unlikely to turn around.
As oil prices fall, oil traders can be forced to sell stocks to cover their losses. If enough traders sell, markets suffer as traders surrender.
To get qualified employees, businesses will need to pay more. Higher wages should contribute to higher inflation. This could finally push inflation above 2%.
Few economic indicators look ahead, but one that does is the ISM Report on Business. This makes the ISM survey a must-read for serious investors.
The CBOE S&P 500 Volatility Index (VIX), aka the fear index, fell below 10 this week — its lowest level since February 2007.
Technical analysis is the study of prices, and it can be applied to any price data. Right now, the picture for home prices is bullish.