S&P 500, Nasdaq 100 Testing Key Resistance Levels; Pause Likely; Buying Biotech
$SPX is testing important resistance in the 4165-4180 area, the same resistance level we were monitoring in early June before the market tumbled 13...
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SPAC Talk: No Safe Haven for De-SPAC Investors
KEY HIGHLIGHTS Better late than never. The past week has been a relatively busy week for SPACs, which is a rare statement in the context of 2022...
429 Views
Panic Selling Achieved, Now Waiting for Panic Buying; Major Indexes At/Near Support
Now that we have seen indiscriminate panic selling, we are now looking for panic buying in order to have confidence that a major market bottom is...
402 Views
U.S. Equity Strategy: Index Supports Breaking; Upgrading and Buying Utilities
Indexes continue to violate our key supports on the Russell 2000 (IWM), the S&P 500, and the equal-weighted Nasdaq 100 (QQEW). Most opportunities...
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U.S. Equity Strategy: Market Sending Mixed Signals; Stick With Value; Energy Stocks Highlighted
The market continues to send mixed signals, though most of the risk-on signals are centered around value Sectors such as Energy, Financials,...
229 Views