Weekly Stock Market Commentary 10/28/2022
[ad_1] By Lawrence G. McMillan The bulls are attempting to extend the rally that began in mid- October. Whether this fits in the broad category of October being a “bear…
[ad_1] By Lawrence G. McMillan The bulls are attempting to extend the rally that began in mid- October. Whether this fits in the broad category of October being a “bear…
[ad_1] By Lawrence G. McMillan Deeply oversold conditions have spurred another rally attempt over the past week. $SPX made a trading low near 3490 on Wednesday, October 13th, and then…
[ad_1] By Lawrence G. McMillan Stocks made new intraday and closing lows for the year again this week, and then the CPI number was released, causing a wave of selling…
[ad_1] By Lawrence G. McMillan The market closed out September at new lows for the year to date. Those new lows were accompanied by some massive oversold conditions. Seemingly, the…
[ad_1] By Lawrence G. McMillan The latest bearish phase of this market began in mid-August and has now carried $SPX to new yearly lows, both closing and intraday. This is…