Click Here To Read the Article: Or Copy/Paste This link into a new window: http://www.forbes.com/sites/adamsarhan/2016/11/01/a-big-top-in-the-market-the-bearish-case-for-stocks-explained/#4cca92dd64b1
Tuesday, November 1, 2106 U.S. stocks extended losses Tuesday, with the S&P 500 on track for a sixth consecutive loss, as investors grappled with a tightening presidential race, economic data and corporate earnings. Polls show the race between Democratic nominee Hillary Clinton and Republican rival Donald Trump continues to tighten. The latest ABC News/Washington Post…
The Tape Is Getting Weaker The tape remains very split but is getting weaker. This was the 8th consecutive week that the S&P 500 and Dow Jones Industrial average closed below their respective 50 DMA lines. More worrisome for the bulls, the Russell 2000 broke below the neckline of a big double top pattern (see…
The Tape Is Getting Weaker The tape remains very split but is getting weaker. This was the 8th consecutive week that the S&P 500 and Dow Jones Industrial average closed below their respective 50 DMA lines. More worrisome for the bulls, the Russell 2000 broke below the neckline of a big double top pattern (see…
Friday, October 28, 2016 4pm EST U.S. equities closed mostly lower on Friday after the Federal Bureau of Investigation announced it is investigating new emails related to Democratic nominee Hillary Clinton. The Dow Jones industrial average ended about 10 points lower after trading 74.71 points lower following the announcement. The index was trading about 75…
Saturday 10.22.16 http://www.barrons.com/articles/after-a-bumpy-week-stocks-end-up-0-4-1477111153
7th Weekly Close Below Important Support The tape remains very split. This is the 7th consecutive week that the S&P 500 and Dow Jones Industrial average are below their respective 50 DMA lines. Major support is October’s low and if that level breaks the next level to watch is the longer term 200 DMA line….
Friday, October 21, 2016 By Dion Rabouin | NEW YORK The dollar rose to its highest since Feb. 3 against a basket of currencies on Friday as investors increased bets on higher U.S. interest rates, while a measure of world stocks looked set for its first weekly gain in four weeks despite some soft U.S….
* GE falls after lowering forecast, weighs on S&P, Dow * Microsoft at record high on strong quarterly report * Time Warner hits 15-year high on reports of AT&T deal * Dow down 0.25 pct, S&P down 0.16 pct, Nasdaq up 0.14 pct (Updates to afternoon) By Yashaswini Swamynathan Oct 21 The S&P 500 and…
Friday, October 21, 2016 Stocks traded mixed on Friday, pressured by a strong dollar as earnings season continued and telecommunications lagged. The Dow Jones industrial average fell about 10 points in afternoon trade after momentarily dropping more than 100 points, with IBM and Johnson & Johnson contributing the most losses, offsetting strong gains from McDonald’s…