High P/E and high-beta names have had no support regardless of fundamentals.
The longer the Nasdaq remains below the 200-day line, the easier it becomes for risk managers to compel portfolio managers to reduce exposure.
Unfortunately for crude oil bulls, corrections are rarely soft landings. They tend to bring a considerable amount of pain and chaos.
Now that rotational action between growth and value is picking up steam, the disparity between index and individual stock performance is even greater.
Copper prices and the S&P 500 are mostly positively correlated -- and the industrial metal is generally the leader.
The market may be preparing itself for a much tougher environment that if not met with the necessary level of finesse, could be somewhat lengthy.
Defensive sectors took three of the bottom four places on Monday, a stark reversal from what was experienced across the marketplace the past week or two.
A weak day for stocks at the end of the year is not unusual.
Over those past 15 years, the S&P 500 has posted an increase for the last week of the trading year 67% of the time.
It is easy to forget where we came from, but we can't.
The semis survived a series of individual tests on Monday, which might be worthy of finding a spot in the back of that mind of yours.
The stealth bear market is not so stealthy now.
I remain more comfortable trading than investing until there is at least one notably upward trading day on notably higher aggregate trading volume.
Positive news on Omicron is more powerful at the moment, at least for the markets, than the overhanging probability of tighter monetary policy.
Whether panicked sales over these past few days, especially Wednesday, prove to be either the 'fast' or 'smart' money remains to be seen.
Volatility events are commonly followed by market consolidation as traders pair risk and lick their wounds.
Buying or selling stocks based on one's political view of Covid variants won't pay the bills, so check your politics at the door when trading.
I have to admit that I deployed a good bit of cash on Tuesday, far more than I expected to during Thanksgiving week.
Assigning the central bank responsibilities extending beyond the adjustment of monetary policy creates an unknown that I do not think we can assume outcomes for.
The Russell 2000 is testing its breakout point due to vicious rotation, but conditions favor better speculative action during the holiday week.
March copper futures often find a low in November and rally through February.
Energy prices have turned out to be the primary driver for what now appears to be 'out of control' consumer-level prices.
The indexes have been hiding poor action in growth stocks and better action in small-caps.
What once was pure novelty is now being treated as a legitimate investment, if not an entirely new asset class. But how do the new Bitcoin ETFs stack up?
It was as if equity markets had taken the day off. Not bond markets, however.
The good news is that some of the frothy speculation has cooled, and skepticism is building.
There was a time when we would see a headline cross, then watch for the tape to move. Now, we see the tape move and then look for the headline.
It wasn't apparent in the senior indexes, but parts of the market suffered their worst corrective action since September.
Did anyone else see the semi-annual Financial Stability Report?
Everyone agrees that the market is extended and needs a rest, but this is a market for stock picking, not index timing.