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Get Harry Boxer’s expert Technical take on the current stock market every week. Articles come out on Monday’s.
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Are we experiencing just a normal stock market fluctuation or the beginning of a new bear phase?
Stocks backed off last week, likely because of an uptick in interest rates, which continue to be pressed by positive economic momentum and pockets of persistent inflation.
Technical Market Briefing 5/26/24
After four weeks of rallying, markets took a breather last week, despite strong earnings from NVIDIA.
Technical Market Briefing 5/19/24
Last week the S&P 500 extended its May gains and is now less than 1% off its record high.
Technical Market Briefing 5/12/24
Last week the S&P 500 extended its May gains and is now less than 1% off its record high.
Technical Market Briefing 5/6/24
During the week, the S&P 500 had lots of up-and-down swings (trading in a 2.4% range) and finished up 0.55% for the week. Investor sentiment got a boost on Friday from the upbeat earnings report from Apple.