If you were taking time off from the stock market, since it wasn’t doing much in the last week or so, you’re in for a nice surprise. July is considered a good month for stocks, and the first trading week of the month, albeit short, didn’t indicate otherwise. It may…
A thorough analysis of and use code STOCKCHARTS for 20% off your first 12 months! Value Sectors Thrived in Q1, Struggled in Q2 In this series of charts, each line represents a simple ratio of the performance of one sector versus the S&P 500 index. If the line is going up,…
In this StockCharts TV video, Mary Ellen reviews where things stand after the markets close at another new high. She also shares what drove price action this week and how that may change the markets going forward. Finally, she highlights precise sell strategies in a shifting market. This video originally premiered…
S&P 500 earnings are in for 2024 Q1, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued…
Many chatter and mentions of weak or narrow breadth are floating around these days. I plead guilty as well. I want to approach this from another angle using some of the major US stock indices for this article. I usually examine the market using sectors or a growth/value/size breakdown, with…
Tesla (TSLA) shares staged a dramatic recovery ahead of the company’s upcoming earnings report scheduled for July 23. Despite a slip in its deliveries compared to a year ago, the number of deliveries beat Wall Street’s expectations. This “bad news” was “good news” on the market sentiment front, and the…
As Britain votes for its next prime minister on Thursday, one expert believes Nigel Farage and his Reform UK Party will help shape British conservative politics in this and future elections. ‘He’s going to make noise,’ Matthew Tyrmand, a conservative political activist and adviser to political parties across Europe, told…
President Biden’s catastrophic performance at last week’s debate has sparked panic among the Democratic Party’s hierarchy, with key players said to be mulling how to get him to abandon his re-election bid. The situation has plunged the party into crisis and threatens to drive a wedge between Biden loyalists and…
Travelers heading out for the July 4 holiday can expect plenty of company this year. Nearly 71 million people will be on the move over July Fourth week, according to AAA — a record that exceeds even pre-pandemic totals. “With summer vacations in full swing and the flexibility of remote…
Bob’s Stores, a longtime Northeast clothing store chain, announced this week that it is shutting down after it failed to secure financing amid a bankruptcy filing. Through July 14, all remaining Bob’s locations will offer liquidation-level discounts on the stores’ trademark work wear, footwear, team wear and everyday family-oriented clothing.…