S&P 500 enters correction territory, ending Friday just shy of $4,100

Share: The S&P 500 is extending declines into a two-week stretch, down over 5% for the period. S&P index down over 10% from the July peak at $4,600, enters correction territory. US Equities mixed on Friday as recession fears, lopsided earnings reports drag on stocks. The Standard & Poor’s index marked in the

Crude Oil Correction in Play; Natural Gas’ Rebound May Not be Over

CRUDE OIL, WTI, NATURAL GAS, NG – Outlook The downward correction in crude oil could still be in play. Natural gas is approaching major support area. What is the outlook for crude oil and natural gas and what are the key levels to watch? If you’re puzzled by trading losses, why not take a step

Netflix (NFLX) looking for double correction ]Video]

Share: Netflix (NFLX) decline from 7.20.2023 high is unfolding as a double three Elliott Wave structure. Down from 7.20.2023 high, wave (A) ended at 411.88 and rally in wave (B) ended at 445.25. Wave (C) lower ended at 398.15 which completed wave ((W)). Rally in wave ((X)) ended at 453.53 with internal subdivision

Nasdaq 100 looks set for correction, but S&P 500 is holding on for now

Share: The Nasdaq 100 and S&P 500 indices, most closely followed by retail investors and traders, have faced some downward pressure since early August, but the latter still has a chance of maintaining an uptrend. The Nasdaq ended last week with a 0.7% loss on Friday, a 1.9% loss for the whole week