Our latest sentiment data suggests that the pessimism build that we experienced has climaxed. The jury is out as to how long this “unwind” of negativity on stocks will last, but the longer the unwind ...

A “once bitten, twice shy” mentality was evident last week The S&P 500 Index (SPX – 5,659.91) moved lower last week after rising for three out of four weeks with the help of mega-cap technology names.

The SPX closed higher after four weeks of losses, but is struggling to clear resistance “…the SPX closed below the popular 200-day trendline for the first time since October 2023… the less popular 250 ...

SPX has recovered from October lows, supported by easing fears of higher interest rates and bond market stability. The market continues to be driven almost entirely by a small number of mega caps and ...

The S&P 500 Index (SPX – 5,659.91) moved lower last week after rising for three out of four weeks with the help of mega-cap technology names. However, the decline was inconsequential, a loss off about ...