S&P 500 earnings are in for 2024 Q4, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 index ($SPX), indicating where the S&P 500 would have to be to have an overvalued P/E of 20 (red line), a fairly valued P/E of 15 (blue line), or an undervalued P/E of 10 ...
When the stock market slides significantly, it’s natural to question if the market has bottomed and getting ready to bounce. In this video, David Keller, CMT highlights the Bullish Percent Index (BPI) as a key indicator to monitor during corrective moves. Learn more about how the BPI is derived, what current levels indicate about the likelihood of a short-term rally, ...
Is the stock market on the verge of crashing or has it bottomed? In this video, Joe Rabil uses moving averages and Fibonacci retracement levels on a longer-term chart of the S&P 500 to identify support levels that could serve as potential bottoms for the current market correction. Understand why the 2025 stock market is different from the 2022 one ...
Tariff turmoil continues sending the stock market into a turbulent spin. Tariffs went into effect at midnight, which sent equities and bond prices lower. Then before 1:30 PM ET Wednesday, President Trump announced that China would be slapped with 125% tariffs and the reciprocal tariffs are on pause for 90 days. This was a huge turning point for the market. ...
The market is in a tailspin as tariffs add volatility to the market. Carl and Erin believe the SPY is in a bear market given key indexes like the Nasdaq are already in bear markets. It’s time to consider where the key support levels are. Carl addressed his thoughts of where key support lies on the SPY during our question ...
The previous week was short; the Indian markets traded for four days owing to one trading holiday on account of Ramadan Id. However, while staying largely bearish, the markets weathered the storm inflicted by the US announcing reciprocal tariffs on almost everyone and kicking off a serious trade war. The Indian markets stayed extremely resilient but ended the week on ...
How low can the S&P and the Nasdaq fall? More importantly, how can an investor navigate this volatile environment? In this eye-opening video, Mary Ellen McGonagle delves into the stock market’s fall, identifies key support levels, and compares them to past bear markets. She also discusses inverse ETFs and their past price action. Don’t miss out on these key technical ...
I am attending and speaking at the CMTA West Coast Regional Summit in San Francisco from Friday, 4/4, to Sunday, 4/6, so I don’t have enough time to write a full blog article updating the best five sectors. So, instead, I have added the graphs and the new ranking to this article for review, and I will update the text ...
American Water Works (AWK) Why focus on a utility that isn’t reporting earnings this week? It’s because the biggest question of the week is where should you put your money when markets are in turmoil. Hence, we review American Water. Do you want safety with a 2% dividend, a little international exposure, and no tariff implications? Then I give you ...
The stock market hoped for curtailment of tariffs on Wednesday, but that didn’t happen. Even the better-than-expected March non-farm payrolls weren’t enough to turn things around. The stock market slid sharply with the S&P 500 ($SPX), Nasdaq Composite, and Dow breaking through key technical support levels and closing very close to the low of the day’s range. The StockCharts MarketCarpets ...