U.S. stocks wavered over the flat line Monday following a major rebound last week from this year’s steep declines. Wall Street is preparing to wrap up the worst first half for stocks in decades. The Dow Jones Industrial Average was slightly higher by 27 points or 0.1%. The S&P 500 inched higher by 0.04%. Meanwhile, … Read more
The S&P 500 would have to climb above 4300 to even hint at a change in the stock market’s downtrend The S&P 500 index is trying to put a short-term bottom in place, and it looks like it might succeed. Still, this would not be the end of the bear market, in my opinion. I … Read more
Everybody has a plan until they get punched in the face – Mike Tyson There’s no point beating about the bush here – From Twitter to the mainstream media, everyone’s talking about the market correction. The S&P 500 saw an 18% drawdown and Nasdaq is down 25% YTD, enough to get investors and traders panicking … Read more
S&P: Important Stanely Druckenmiller Quotes (he’s the best): “Earnings don’t move the overall market; it’s the Federal Reserve Board… focus on the central banks and focus on the movement of liquidity… most people in the market are looking for earnings and conventional measures. It’s liquidity that moves markets.” “The first thing I heard when I … Read more
