Gap Up / Gap Down

Technical Outlook Remains Bullish

by Knowledge Resources

For the week, the Nasdaq rose 0.2% while the S&P slipped 0.2%. The Dow and the Russell were up nine points each. The only major index that is still holding its uptrend channel is the Nasdaq but that is showing signs of cracking after...

Read More

Fed Holds Steady, Again

by Knowledge Resources

The Fed kept rates in a range of 4.25% to 4.5% but the central bank still signaled two rate cuts this year while simultaneously hinting at a stagflationary threat. Fed Chair Powell said they are beginning to see some effects of tariffs on...

Read More

Tracking Bullish and Bearish Sentiment

by Knowledge Resources

The AAII Sentiment Survey is a weekly survey which indicates if investors are "Bullish," "Bearish," or "Neutral" on the stock market over the next six months. It can be a useful indicator for market sentiment that highlights if investors are...

Read More

Losses Limited Despite Market Curveball

by Knowledge Resources

  For the week, the Nasdaq slipped 0.6% while the S&P was dipped 0.4%. The Dow fell 1.3% and the Russell stumbled 1.4%. The market pullback stalled momentum while volatility settled above a key level of resistance. The bright spot...

Read More

Prior Resistance Levels Holding as Fresh Support

by Knowledge Resources

  The opening gains on Wednesday was a result of a positive Consumer Price Index report which showed inflation is slightly easing. There have been, and still remain, concerns that President Trump’s tariffs would accelerate the rate of...

Read More