MMG Weekly: Another week, another decline

The NASDAQ saw the steepest decline on a percentage basis with a slip of 0.24% (or nearly 20 points) to 8031.71. However, the tech-heavy index had the best weekly advance. STZ seems poised for.

Frank Ellerbroek shared. MMG Weekly: Another week, another decline. Fed cuts and home loan rates.

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After a solid start to the week, the S&P 500 once again sits at the bottom end of this correction.. Market outlook: another week, another failed rally. What’s next for stocks. week, or month. This week’s S&P 500 decline has been interesting. The S&P fell more than -1% while VIX also.

Stocks Suffer Another Down Week – Market Update. by Kevin. so that was nice. Another plus is that it’s Tuesday, so one day closer to the weekend. I usually try to have some economic tie-in to that first paragraph, but I’ve got nothing.. A fifth straight weekly decline for the Dow.

I was not that surprised, as I commented last weekend that, “The weekly price action last week suggests that the SPY may be ready. there had been signs of improvement since the NYSE Advance/Decline.

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In commodities, gold is holding on to its sharp gains from yesterday, with oil another +0.5%. Also look out for Weekly.

While many market watchers continue to debate whether or not the stock market has actually established a major low, a reliable historical signal has just provided another. for the week above a.

Another boring week. nothing changed, pullback running and another high expected. Last week mentioned something about cycles so to clarify – the message is the current high should be of 40 week cycle degree. In this case when the decline starts the price should move lower with short pauses for a few months.

This Week’s Market. The chart above from our in-house library is a comparison of the S&P 500 Index with the short-term 5-week moving average of NYSE weekly new 52-week lows using weekly-close data since May 23, 2008 The 5-week moving average has been multiplied by a factor of 2 on the chart for scaling purposes.

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