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…
Stocks Soar As Global Central Banks Push For More Easy Money Stocks soared last week after several major Central Banks stepped in and announced more easy money measures to help stimulate markets. The U.S. Federal Reserve sent a clear message that it is ready to cut rates, China injected $72 billion to help spur their…