stock market analysis

The Stock Market Moves Into Its Resistance Area While Many Important Sectors Sink

The S&P, Dow and Nasdaq Composite all gained from their early October lows. But now, they’re back to the sideways area, or resistance area, that has been active since late 2014 for the S&P and DOW, and since February for the Nasdaq Composite. This week, the market hesitated. This is the opposite of the kind of […]

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The Stock Market Broke Through Resistance But the Financial Sector is Hurting

The S&P and Nasdaq Composite broke through resistance last week; the DOW had been in a bullish trend earlier than the other two indexes. The Nasdaq also broke above its bearish trend line originating from the August 5 and September 17 highs. The Nasdaq is the only index to have regained its long-term bullish trend; […]

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