ChartWatchers November 22, 2023 at 06:11 PM
Stocks are having a good November, which aligns with typical stock market behavior. According to the Stock Trader's Almanac 2023, both the Wednesday before Thanksgiving and the Friday after have a good track record... Read More
ChartWatchers November 17, 2023 at 04:39 PM
The Fed is done raising interest rates. At least, that's what the stock market has priced in, based on recent inflation data. We've also seen an uptrend in weekly jobless claims and signs that suggest that consumer spending may be slowing down... Read More
ChartWatchers November 14, 2023 at 05:53 PM
October's unchanged headline US CPI and lower-than-expected core CPI were reasons for investors to celebrate. The broader stock market indexes moved higher on the news, and the Fed may start to lower interest rates sooner than expected... Read More
ChartWatchers November 10, 2023 at 04:34 PM
It was quite the week in the stock market. Things started out well, with the broader market indexes rallying higher. By Thursday, investors were gearing up for the S&P 500 index ($SPX) to notch a nine-day winning streak... Read More
ChartWatchers November 08, 2023 at 07:38 PM
If there were one thing that was surprising about the stock market, it would be how quickly the charts changed in November. Equities trended higher, yields fell, and crude cracked. Treasury yields dropped—the 10-year yield dropped from close to 5% to around 4... Read More
ChartWatchers November 03, 2023 at 05:03 PM
Five up days in a row for the S&P 500 ($SPX), Dow Jones Industrial Average ($INDU), and the Nasdaq Composite ($COMPQ)! That's a drastic change in investor sentiment from October... Read More
ChartWatchers November 02, 2023 at 12:46 PM
The holiday season and discretionary spending can be synonymous, ringing in a boom in retail profits. And with Halloween in the rearview mirror, it's time to strategize a few killer plays in the retail arena... Read More
