Current Market Update

From Cabot Top Ten Trader The market has staged an impressive snapback the past two days, following a pattern seen during the past couple of weeks, with support showing up so far every time the market has taken a hit. Combined with other factors sentiment,...
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Wall Street’s Best Investments 820

Market Views No Longer Overbought Technically, the S&P 500 has corrected most of an overbought condition with a 2.73% decline from its July 16 high. News-related volatility will likely continue as the market enters its least favorable season. But, sentiment gauges have begun to improve a..
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Wall Street’s Best Investments 819

Congrats to the Top Picks 2019, Mid-Year Congratulations to our Top Picks for 2019! For the first half of the year, the Dow Jones Industrial Average was up 11.8%; the S&P 500 gained 14.3%, and the NASDAQ has returned 16.1%. But, as you can from...
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Wall Street’s Best Investments 818

Market Views Mixed Signals The $SPX chart is still bearish, because there are lower highs and lower lows on its chart. Oversold rallies typically carry from their lows up to and slightly above the declining 20-day moving average. That’s exactly what this rally has done far...
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