New York Composite (IX: NYA )
15,010.47 USD -196.20 (-1.29%) Streaming Delayed Price Updated: 4:06 PM EST, Feb 26, 2021 Add to My Watchlist
Stories about New York Composite
Technical Market Report for Saturday, Jan. 23
January 23, 2021
It’s the same old story; strong breadth with the secondaries leading the blue chips upward; that is about as good as it gets.
Technical Market Report For Saturday, Jan. 16
January 16, 2021
Market Report: Will Markets Melt-Up Before Meltdown?
January 09, 2021
The greatest pain trade in today’s highly speculative environment is if financial markets “melt-up before they melt down”.
Our call of the day offers up a handful of possibilities that could carry stocks into the end of the year. The good news? The worst of the three options is unlikely.
S&P 500 Earnings & Market Update
November 23, 2020
The forward looking earnings per share for all S&P 500 companies combined ticked down from $159.92 to $159.89 last week.
Market Briefing For Monday, Nov. 16
November 15, 2020
The mass S&P indecision pattern resolved to the upside by Friday; but this seems more like pre-weekend short-covering than a particular celebration.
Will Spiking Virus Cases Trigger A Bear Market Before The Next Leg Up?
November 14, 2020
The stock market has been trying to process a lot of new information over the past five trading sessions: the declaration of Biden's win, Pfizer's 90% effective vaccine announcement, and a concerning...
Stocks Are Sliding After Opening At Record Highs
November 09, 2020
The S&P 500 surge to a new record high at the cash open this morning amid vaccine exuberance, but there has been selling pressure since the open that has pushed Nasdaq back to unchanged.
Post Election Day: What Is Next For Stocks?
November 07, 2020
Investors have been worrying about the U.S. Presidential Election for over ten months. Now, Election Day is behind us. Did the charts confirm the big election week rally in the stock market or have red...
Technical Market Report For Saturday, Oct. 31
October 31, 2020
Election Week Stocks: Epic Crash Or Monster Rally?
October 31, 2020
Market Briefing For Monday, Oct. 19
October 18, 2020
The surf was up on Expiration Friday, with lots of varied individual stocks it was evident breadth in fact was a better reflection of the swells between the waves of this session.
Stock Data Pointing To A Reversal, Or New Highs?
October 17, 2020
Broad Participation In The Rally
October 14, 2020
The bulls finally took a breather on Tuesday after a solid run, even in the face of seasonal tailwinds. I still do not get the feeling they are done just yet.
Market Briefing For Monday, Oct. 5
October 04, 2020
The “Build Me Up Buttercup” Stock Market (And Sentiment Results)
October 01, 2020
The market is starting to ease into the “re-opening” trade (Cyclicals) – in anticipation of the imminent vaccine approval. We saw this with Industrials, Materials, Transports, and Financials all...
Caution On Both: Bull Signals For SPY and Bearish Signals For GDX
October 01, 2020
GDX is currently at a support which is the previous high. Seasonality is bearish for now and if a signal is triggered it would suggests a short term trade that may last a week or two.
VIX Low, SPY High?
September 17, 2020
After Massive Rally Post-March Lows, Major Equity Indices Falling Under Their Own Weight
September 14, 2020
The recent selloff in equities has come at a time of elevated Fed balance sheet, stabilizing earnings estimates and improving macro data. Either stocks believe these positives are not lasting or they...
The catalyst for change (an abrupt move of money into Cyclicals) will likely come from science at this point. Don’t bet against science.
Market Briefing For Wednesday, September 9
September 09, 2020
S&P and big-cap-led Nasdaq continue cratering, not helped by the Apple hit, but particularly NDX, as the oft-warned about situation with Tesla unwinds.
Everything Is Hunky Dory – Apple A Selling Opp
August 24, 2020
Market action is definitely feeling like 1999/early 2000 when the hot Nasdaq stocks were melting higher right out of the gate every morning.
Market Briefing For Monday, Aug. 17
August 16, 2020
Broad-based support has been absent from the market aside a basing structure that is trying to broaden-out participation in anticipation of bridging the gap toward actual (rather than pretend)...
Market Briefing For Thursday, August 13
August 13, 2020
Strength begets strength for the S&P, as even skeptics acknowledge it's highly probable we 'eek-out' an historic high. In the past I've mentioned that I have never seen such a strong market with so...
Market Briefing For Tuesday, August 4
August 04, 2020
Stimulus bill delays didn't inhibit the Senior Indexes retaining their gains; while for sure it inhibits millions of Americans who will cease lots of consumer spending as the indirect subsidies are...
Market Briefing For Thursday, July 30
July 30, 2020
Recognizing the severe economic downturns - was and is essential coming from the Fed. Their comprehensive approach to assisting both monetary and fiscal policy moves (and supporting efforts that...
Market Briefing For Thursday, July 23
July 23, 2020
Markets don't like uncertainty, although in this case the uncertainty allowed a crash back in February and March, we caught it in both directions, so it's only logical to be open-minded for a...
Market Briefing For Thursday, July 9
July 09, 2020
The Bull/Bear rivalry often fails to realize this market has not and is not up on anything related to the economic conditions or immediate recovery prospects coming out of a V-bottom in the S&P, more...
Market Briefing For Wednesday, June 17
June 17, 2020
The repeated and projected rallies off the 200-Day Moving Average, would not have been blessed with success if not for favorable news on the COVID-19 front as well as a continually friendly Fed.