The S&P 500 index tends to perform fairly well on days of Federal Reserve Meetings/Policy announcements and the index did not disappoint in Wednesday’s session. The selling pressure from the…
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After Monday’s steep decline, the premarket rally, as well any intraday pops, were welcomed with palms out (trading pit term for selling). On the surface, the damage was not all…
Friday’s after-hours trading action, where the S&P 500 index slumped another 13 handles from its closing price (4421.75), was a good indication for much of Monday’s session. In fact, the…
For only the third time this year, the S&P 500 index has endured back-to-back losing weeks, the first one being in February and the latter being in April. Given the…
An investor can make technical analysis as simple or complicated as they want. However, when making it too complicated it can lead to “paralysis analysis.” This technician favors keeping it…
On both Friday and Monday, the much higher opening of the regular session in the S&P 500 index was faded. Following a weaker-than-expected CPI number that boosted the index, investors…
Bulls won the premarket trading in the S&P 500 index, bears had control of the market until just after 2:00 PM EST, and bulls got the win. Following Friday’s weak price…
For the first time since mid-February, the S&P 500 index was lower for the fifth day in a row. Friday’s decline is even more concerning since the index was in…
There are difficult days to trade the S&P 500 index on a short-term basis and there are more difficult days. True to form, the index put the hurt to both…
On the surface, it appears that there was pretty good trading action in Wednesday’s session. However, based on the S&P 500 index closing price of 4512.75, it was a minor,…
