Stocks

Last week, there was a noticeable change in investor sentiment. We have so much data coming out this week, and much will rest on how the trading week ends. The S&P 500 index ($SPX) broke…

The S&P 500 Index is a capitalization weighted stock index. Many of the lesser capitalization blue-chip stocks that compose these 500 companies have been performance laggards. Though smaller companies in the index, these corporations are…

This week we have four Magnificent Seven stocks reporting earnings. We also take a look at McDonalds (MCD) and Ford (F) going into earnings. How are the chart technicals setup on the precipice of earnings?…

Good morning and welcome to this week’s Flight Path. Equities had another tough week last week and we saw an amber “Go Fish” bar for the first time since this latest “Go” trend began. Encouragingly, GoNoGo…

This week saw the major equity averages continue a confirmed pullback phase, with some of the biggest gainers in the first half of 2024 logging some major losses. Is this one of the most buyable…

Major equity indexes rose on Friday after a selloff that hit the Technology sector especially hard. But this doesn’t necessarily mean that everything is OK going into next week. Wall Street seems to be in…

Flying Financials In the recent sector rotation, basically OUT of technology and INTO anything else, Financials and Real-Estate led the relative move. On the RRG above, I have highlighted the (daily) tail for XLF to…

This will be one of the most interesting quarters in recent memory. The Fed has got to choose its poison. Do they stand pat once again next week, leaving rates “higher for longer” and awaiting…

After a big run this year, Nvidia (NVDA) fell over 15% from its high and broke its 50-day SMA. On the face of it, a break below this “key” moving average seems like a short-term…

In late June, Gilead Sciences (GILD) stock surged following positive results of a late-stage trial for its latest HIV drug.  The big market buzz was that Gilead was on the verge of something huge, and…