New York Composite (IX: NYA )
12,485.38 USD +119.84 (+0.97%) Streaming Delayed Price Updated: 4:10 PM EDT, Sep 25, 2020 Add to My Watchlist
All news about New York Composite
VIX Low, SPY High?
September 17, 2020
After Massive Rally Post-March Lows, Major Equity Indices Falling Under Their Own Weight
September 14, 2020
The recent selloff in equities has come at a time of elevated Fed balance sheet, stabilizing earnings estimates and improving macro data. Either stocks believe these positives are not lasting or they...
The catalyst for change (an abrupt move of money into Cyclicals) will likely come from science at this point. Don’t bet against science.
Market Briefing For Wednesday, September 9
September 09, 2020
S&P and big-cap-led Nasdaq continue cratering, not helped by the Apple hit, but particularly NDX, as the oft-warned about situation with Tesla unwinds.
Everything Is Hunky Dory – Apple A Selling Opp
August 24, 2020
Market action is definitely feeling like 1999/early 2000 when the hot Nasdaq stocks were melting higher right out of the gate every morning.
Market Briefing For Monday, Aug. 17
August 16, 2020
Broad-based support has been absent from the market aside a basing structure that is trying to broaden-out participation in anticipation of bridging the gap toward actual (rather than pretend)...
Market Briefing For Thursday, August 13
August 13, 2020
Strength begets strength for the S&P, as even skeptics acknowledge it's highly probable we 'eek-out' an historic high. In the past I've mentioned that I have never seen such a strong market with so...
Market Briefing For Tuesday, August 4
August 04, 2020
Stimulus bill delays didn't inhibit the Senior Indexes retaining their gains; while for sure it inhibits millions of Americans who will cease lots of consumer spending as the indirect subsidies are...
Market Briefing For Thursday, July 30
July 30, 2020
Recognizing the severe economic downturns - was and is essential coming from the Fed. Their comprehensive approach to assisting both monetary and fiscal policy moves (and supporting efforts that...
Market Briefing For Thursday, July 23
July 23, 2020
Markets don't like uncertainty, although in this case the uncertainty allowed a crash back in February and March, we caught it in both directions, so it's only logical to be open-minded for a...
Market Briefing For Thursday, July 9
July 09, 2020
The Bull/Bear rivalry often fails to realize this market has not and is not up on anything related to the economic conditions or immediate recovery prospects coming out of a V-bottom in the S&P, more...
Market Briefing For Wednesday, June 17
June 17, 2020
The repeated and projected rallies off the 200-Day Moving Average, would not have been blessed with success if not for favorable news on the COVID-19 front as well as a continually friendly Fed.
Market Briefing For Monday, June 15
June 14, 2020
Market Briefing For Friday, June 5
June 05, 2020
We'll see 'the other side' - of current challenges, in time, but not just yet. That applies to a number of issues: the stock market, civil disobedience or protests, and importantly what is a...
A Short-Term Top?
May 31, 2020
The downward pressure of the 45-to-date cycle (80-cal.days) was minimized by the 36-to-date cycle (52-cal.days), which made its low on May 14; but, unless it is inverting, it should have enough left to...
Market Briefing For Thursday, May 28
May 28, 2020
Even the modest improvement in oil demand hints at survival of lots of smaller oil companies or others that are depending on banking finance, so those Oils may avoid defaults. That helps banks too.
Market Briefing For Monday, May 25
May 25, 2020
Amidst the obvious backdrop the market forges ahead, with a 'Fed Put' as the driving force; and with what I call a handful of 'super-caps' at the helm; and a little better performance in so-called...
Market Briefing for Tuesday, May 19
May 19, 2020
The market was a market waiting for good news and had been hanging-out in the 50-200 Daily Moving Average trading range. That does not mean it's not going to do much more, but for now, say a push...
Market Briefing For Monday, May 18
May 18, 2020
Trimming tensions by finding a middle ground with China would reduce angst between both; and keep essential aspects intact.
Market Briefing for May 13
May 13, 2020
S&P stabilization efforts continue waning, a bit more dramatically as many questions arise, while big-cap 'concentrated' leadership stocks are extended and provide downside leadership like they did...
Market Briefing For May 11, 2020
May 10, 2020
S&P may be heading for another correction, but not a debacle, because it's clear how important tech is both now and later.
Stocks Are Down… But Will They Retest The Lows?
May 04, 2020
Stocks have fallen to test support. The rising bearish wedge formation (blue lines) everyone has been tracking broke late last week.
Market Briefing for Thursday, April 30
April 30, 2020
The 'primary endpoint' - for the 'Crash of 2020' was of course March, as a crowd of leveraged money managers had no choice but to liquidate, with a concern for their basic capital.
Market Briefing for Wednesday, April 29
April 29, 2020
'To be or not to be' . . reopened is the question. And to what degree, with what commitment, after such a long courtship with isolation, even as there are signs that 'Covee's attraction' (Covid-19) to...
Market Briefing for Tuesday, April 28
April 28, 2020
We do know that every sector of S&P has firmed, and it (backed by the Fed) continues grinding higher within the target range we've had now for well over a month. That's a zone I've referred to as...
Market Briefing for Tuesday, April 21
April 21, 2020
The later Summer or Fall, 'at best', will see absorption of already-stored oil rather than giant demand, and perhaps some will see this as what OPEC+ really intended to do, hurt the American oil...
Market Briefing For Monday, April 20
April 18, 2020
Next week 'caveat emptor' prevails both with respect to S&P chasing and with regard to assumptions regarding early 'opening' phases that everyone wants; but many might come to dread.
Market Briefing for Thursday, April 16
April 16, 2020
As a virus ravages so much that we've been accustomed to, markets did rally as expected, but as forewarned for several days, became excessive.
What is the latest from stock market volatility expectations? How much economic damage could occur in the weeks ahead? Numerous charts are covered to help discern the stock market’s current risk/reward...
Market Briefing for Thursday, April 2
April 02, 2020
Foot-dragging - isn't just limited to the ill-prepared United States health system for this pandemic; but prevails in too many parts of the world. It's either arrogance or who knows about accuracy that...