Stocks Flirt With New Record Highs The market is flirting with fresh record highs after the G-20 trade truce and hopes for more easy money from global central banks returned to the fore. Last week, the S&P 500 hit a fresh record high while the Dow Jones Industrial Average and the Nasdaq Composite both hit…
Stocks Pause Ahead of G-20 Meeting The market ended mixed last week as the Dow Jones Industrial Average, S&P 500, Nasdaq Composite, & Nasdaq 100 fell while the small-cap Russell 2000 rallied. The fact that the Russell rallied is a subtle but important bullish divergence and suggests the market can easily rip higher if a…
Stocks Hit New Highs On More Easy Money From Global Central Banks The S&P 500 hit a fresh record high last week after global central banks pushed for more easy money. The Dow Jones Industrial Average, Nasdaq Composite, Nasdaq 100, and small-cap Russell 2000 index are all trading just below their record highs. The big…
Stocks End Week Higher And Flirt With Resistance The market rallied last week as investors cheered more easy money from global central banks and waited for next week’s Fed meeting, then the G-20 meeting at the end of the month in Japan. At the end of May the market was oversold and then bounced sharply…