Uncertainty remains the prevailing theme in the markets as major indexes struggle to find firm direction. The Dow Jones Industrial Average (DJI) and the S&P 600 recently closed beneath key support
Overview
The major indexes are retesting key support levels, and while mega-cap stocks remain relatively resilient, many mid-cap and small-cap names have endured sharp declines. The new year has kicked off with a
At the end of 2023, the S&P 500 closed at 4,769.83 points, still stuck below its January 2022 all-time high. But 2024 has turned into a breakout year. The
The daily downtrend continues dragging down the main indexes. Beware of the reaction rallies, if there's an upward movement at some point during the trading week about to start, it'
In a trending Market there will usually be good setups to trade in the direction of the trend. Looking at the S&P 500, which consists of the top 500 companies based