Portfolio Beta Hedging Ahead of Super Seven EarningsYou cannot predict the future. But you can prepare for it. Mega cap tech stocks have collectively lost USD 930 billion in value since Nasdaq 100 peaked on 21st March 2024. Will Super Sevens earnings turn the tide?
Starting this week, the Super Sevens will start announcing first quarter results. N
Sell in May, return another day. The truth.No doubt everyone has heard a variation of the phrase:
“Sell in May, return another day.”
In Wikipedia it is written:
“Sell in May and go away is an investment strategy for stocks based on a theory (sometimes known as the Halloween indicator) that the period from November to April inclusive has s
Bears Beware!A correction is coming soon. Maybe started this week. How low will it go? Nobody knows.
So many Bearish Posts. Permabears predicting cataclysm. The End is Near!
Doomsayers who repeatedly forecast massive crashes will eventually be right, once every 15-20 years.
Almost always these guys are just
SPX - Enjoy the rally while it last!For those who have been here since 2022 early 2023 when there was so much fear in the market and we called the market had bottomed. I think it was the right call, even though we had a lot of naysayers. Now I think we are nearing the end of this rally which I estimate will be sometime in February 202
Next Leg Correction underwayRally was short and sweet. Got 0.50. Fibo. Meta cracked it. Was fading all day already after the morning pump; just three up days.
C legs typically extend farther and give a 1.62 extension, capitulation and panic prevail.
May will be Bearish, at least to start, imo. Need to watch this correction
SPX500 - Support Becomes Resistance 📉Hi Traders !
Previously, The SPX500 Price Formed a Bearish Double TOP Pattern.
Currently, The Price Broke The Support Level (5081.27 - 5051.43).
This Key Level Becomes a New Resistance Level !
So, I Expect a Bearish Move 📉.
TARGET: 4976.00🎯
SPX 500 IndexCorrection
As you know, Market is inside a correction, and I suppose it will extent next week as well.
First support was at about 5000 and low chance reaction to it. Next support will be at about 4800- 4820 and in my view, it can be a strong one for ending correction. Next week the market is going
S&P500 Dead-cat-bounce before one last bottom?Our last call on the S&P500 (SPX) couldn't have gone better as the Bearish Megaphone pattern we expected (April 05, see chart below) was eventually materialized and easily hit on Tuesday our 5050 Target:
At the moment the index is below the 1D MA50 (blue trend-line), which has been the main Sup
S&P500: 1D MA100 hit. Short term rebound at least to be expectedS&P500 is bearish on its 1D technical outlook (RSI = 37.601, MACD = -44.800, ADX = 58.528) as it touched the 1D MA100 on Friday after more than 5 months. This calls for a short term rebound at least as every previous corrective wave inside the multi month Channel Up that approached the 1D MA100, it
$SPX500 2024 Guess for the Year $SPYHere are the actual #'s for you to see the 2024 Wall Street analysts forecasts on the chart. Once those are charted in the black rectangles at the year-end price targets, we can see where there are concentrations of estimates and where investors might pause and sell as the target has been reached fo
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Frequently Asked Questions
US 500 (SPI) / US Dollar is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy US 500 (SPI) / US Dollar futures or funds or invest in its components.
The lowest ever quote of US 500 (SPI) / US Dollar is 2172.13 USD. It was reached on Mar 23, 2020.
US 500 (SPI) / US Dollar reached its highest quote on Mar 31, 2024 — 5333.25 USD.