Per our technical software, the SP 500 has declined a little over 6% the last two weeks, while the QQQ has fallen a little over 7%. The Nasdq 100 closed below 50-day moving average on Friday, September 11th, for the … Continued
Page 38 of 39 in the Weekly Bespoke Report published Friday afternoon every week, held the best chart of all as it shows the market breadth breaking out ahead of the SP 500. Sentiment is back to being bullish, … Continued
This morning’s Empire Report not withstanding, (the weakest since June, 2011 per Bespoke), while the market sentiment has firmly tilted to the bearish camp, “market breadth” is one reason to remain firmly rooted in the bullish camp. Here are two … Continued
The SP 500 closed within one point of September, 2018 all-time last Friday. You’d have to think “everyone” is watching what happens this week. I wouldn’t be surprised to see a pullback here since the SP 500 usually takes a … Continued
The weekly SP 500 earnings update: Fwd 4-qtr estimate: $168.79 vs last week’s $169.13 PE ratio: 16x PEG ratio: 4x SP 500 earnings yield: +6.23% vs last week’s +6.25% Year-over-year growth of fwd est: +3.8% vs last week’s +4.2% Source: … Continued