Despite the S&P 500 (SPX) has come down nearly 10% off the peak in this month, with stock market breadth continues the downtrend since May 2021, there is no sign of market bottoming. Having said that, ...
Notably, the historical data shows that returns tend to improve significantly over the next year, with 87.5% of cases showing positive performance after a prolonged stretch of weak breadth.
Underlying market participation has continued to strengthen even as the benchmark S&P 500 (SP500) has spent much of June ...
The stock market just flashed a bullish technical indicator that suggests double-digit gains are in store for the S&P 500 over the next year. That's according to a Wednesday note from Ned Davis ...
There’s no denying the strength the major averages have displayed off their April lows. The S&P 500 finished last week within a rounding error of the previous all ...
The S&P 500 was on track for another record, but market watchers may be even more encouraged by a rebound in underlying breadth. With the market benchmark up 0.2%, roughly 324 stocks in the index were ...