Tag Archives: nile boutique

The Dow And S&P 500 Declined

Chipotle (CMG) – Chipotle (CMG) exploded back above $450 this week. The market weakness of last week is a display of ketchupeffekt. The bull can point to a brief spike of the VIX above its upper Bollinger Band on Monday, which is a sign of an oversold market. The VIX Index retreated after breaching its upper Bollinger Band (BB) last Monday, and the market staged an advance. TRIN also rose to 2 on Monday, which can be an indication of panic selling. The market corrected in early 2018 and rose steadily into October, though the advance could not be characterized as a melt-up. In late 2017, the the boutique market melted up in a FOMO (Fear Of Missing Out) stampede as enthusiasm about the Trump tax cuts gripped investor psychology. Below is a list of stocks that are worth watching for May 12, 2010. Also, check out some of the biggest stock gainers of the Day.


Mid-week market update: It’s difficult to make a coherent technical analysis comment on the day of an FOMC meeting, but the stock market remains in a holding pattern. Until we see either an upside breakout or downside breakdown out of the trading range (grey area), it’s difficult to make a definitive directional call either way. Relaxing the minimum free float rule and allowing dual class shares would potentially make London more attractive to start-up companies where founders or major shareholders often want to maintain some control after the company floats. The S&P 500 experienced 109 days of high volatility days during the year, as measured by daily swings of 1% or more. The coronavirus relief package was expected to be attached to the government’s broader spending bill for the fiscal year, which lawmakers also have still not passed. The US market has stopped acting like an emerging market as anxieties have receded.