The recent record-high feats in the S&P 500 and Nasdaq have not promoted indiscriminate or speculative buying to any significant degree; if anything… 

With their recent breakouts into record territory, the S&P 500 and Nasdaq have completed their cup-and handle formations. This is significant because these formations, historically, indicate durability, elasticity and sustainability of a trend. 

Gene Peroni’s Daily Podcast: Yesterday’s breakaways in the S&P 500 and Nasdaq completed cup-and-handle formations for those two indices. 

The Dow did not check all the technical boxes in last Friday's surge.

This May has been a "Sell in May and go away" scenario for stocks....It's been a very strong month for the market.

The Dow has now fallen 2.5% from it's recent all time high.  The bulk of that decline occurred yesterday.

First quarter earnings results from an AI chip giant is sending the stock higher pre-opening.

I recently mentioned how the precious metal mining stocks are showing improving relative strength with several breaking out into new, high territory. There is another natural resource category that is also showing… 

I’ve commented on this many times since the October bottom last year: The stock market’s advance has been driven not by a handful of stocks, but by a number of broad and diverse sectors and themes. That was illustrated last Friday when… 

The major market indices punching through their respective resistance channels in grand style yesterday. I say, “in grand style” because…