Newsfeeds Archive - Spark Newswire

1 minute read

How Has The Recent FOMC Announcement Affected The S&P ($SPX)?

June 16, 12:32 PM

The FOMC recently took the dovish-case stance at the last meeting, pausing rate hikes for now. The market acted in kind and continued to push higher. As we head into a holiday weekend with quad-witching, it will be important to see how things settle after the post-Opex move next week.

NVDA

1 minute read

When Will The S&P 500 Move?

By Dr. John Sinclair

May 17, 8:18 AM

Last week, we discussed the possibility of an Elliott Wave ABC corrective phase for the market. How wave B forms is yet to be determined, but given the range-bound price action over the last year, we could be looking at a wave B triangle (remember, triangles occur in waves B or 4). If this is the case, then the threshold could be near, as we can count a triangle A-B-C-D-E.

SPY

1 minute read

Trading Ideas

Why The S&P 500 Is Still In An Uptrend!

By Dr. John Sinclair

May 11, 10:12 AM

There are so many traders and investors that think the market is in a downtrend, bear market, etc., and they may be right on a shorter time frame or using a specific definition, but when you look at the chart and draw a trendline, you can see that the market is still in an uptrend. (ARCA: SPY)

SPY