Is An Overbought Rally the Next Frontier for Bulls? – The Market Breadth

frontier (Credit: Angry Bull - Creative Commons 2009 high resolution by zoutedrop on Flickr)

Stock Market Commentary: Last week started strong with Goldman Sachs (GS). Analysts there looked beyond the coming Federal Reserve meeting and hiked their year-end price target for the S&P 500 to 4500. The index quickly moved half the remaining distance and opened the door for more price chasing by analysts before 2023 hits the halfway … Read more

Stock Chart Reviews: An Impressive Year Full of Important Exceptions

Stock Market Commentary The stock market indices enjoyed an impressive year. However, weak and declining market breadth produced numerous exceptions to the strong performance of indices and ETFs. A number of important and well-known individual stocks corrected, collapsed, and crashed in 2021. For some, the tailwinds of the pandemic ran out. For others, investors tired … Read more

The Federal Reserve Pushes Back On Notion Of Fueling A Bubble

“I understand that you do address issues of valuations through macroprudential policies in the first instance. But there’s a range of assets, and I know you do watch a range of assets. But from Bitcoin to corporate bonds to the stock market in general, to some of these morespecific meteoric rises in stocks like GameStop. … Read more

How to Get Free Stock (An Offer from Robinhood)

{Updated on July 4, 2020 with a new offer link!} Robinhood – the easy-to-use, zero-commission trading platform popular with Millennials and stock market beginners – went from a valuation of $1.3B in March, 2017 to $5.6B in May, 2018 partially thanks to a major funding round that brought another $363M to the company’s coffers. Robinhood … Read more