asbe/iStock via Getty Images The red flags have been building for the S&P500 ( SPY ) for weeks, even months. Leaders in Tech ( XLK ) and the Mag 7 have lagged, while Staples ( XLP ) and Energy ( XLE ) have led. Bad earnings have been punished severely and good earnings have been sold. Last week, even good inflation news was sold. However, red flags are always present, and it's important to see tha...
asbe/iStock via Getty Images The red flags have been building for the S&P500 ( SPY ) for weeks, even months. Leaders in Tech ( XLK ) and the Mag 7 have lagged, while Staples ( XLP ) and Energy ( XLE ) have led. Bad earnings have been punished severely and good earnings have been sold. Last week, even good inflation news was sold. However, red flags are always present, and it's important to see that markets are actually acting on them. Recently, the technicals have threatened to roll over, but every bearish move has been "saved" to keep the S&P500 chopping slowly higher. That behaviour may have changed last week. This article looks at a potentially bearish shift in the technicals and what may happen next. S&P 500 Monthly February is the second worst month for the S&P500, and the second half tends to be worse than the first. That doesn't bode too well since there is already a 1.5% loss for the month and last week closed near the January lows. I still wouldn't say there is a compelling monthly reversal but there is a lower high and lower low. Furthermore, not every major reversal comes with a solid monthly signal - 2025, 2022 and 2020 all had one, but 2007 and 2000 did not. SPX Monthly (Tradingview) The rally has reached 7002 at the channel highs and just above the major target of 6958 which is the 161% Fibonacci extension of the H1 drop . The next target after 6958 is 7490, which is a measured move similar in size to the 2020-2022 rally and the 2022-2025. I doubt it gets that high, at least in this phase of the trend in 2026. The January low of 6789 is initial support, then 6720, and the October/November lows of 6521-50. A DeMARK exhaustion count is on bar 9 (of 9) in February. This signal has led to a drop of at least 10% on the last 3 occasions. As an aside, February has to close above 6840 (the close 4 bars previously) to complete the signal. It can still have an effect, but it would not be finalized. An example of an incomplete signal comes from the 2022 bottom, w...
Both the Invesco Food & Beverage ETF (NYSEMKT:PBJ) and the First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) offer exposure to the U.S. food and beverage industry, with similar holdings counts. This comparison highlights their differences in risk, income potential, and trading characteristics to help investors decide which may better fit their portfolio needs. Beta measures price volatility rel...
Both the Invesco Food & Beverage ETF (NYSEMKT:PBJ) and the First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) offer exposure to the U.S. food and beverage industry, with similar holdings counts. This comparison highlights their differences in risk, income potential, and trading characteristics to help investors decide which may better fit their portfolio needs. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year weekly returns. The 1-yr return represents total return over the trailing 12 months. Continue reading
One of the biggest myths in the context of retirement is that all your expenses will magically decrease once your career comes to an end. But if there's one expense that's likely to increase in retirement, it's healthcare. Of course, healthcare isn't exactly a negotiable expense. If there are medications you need to take to stay healthy, you can't just skip them without consequences. And if you ne...
One of the biggest myths in the context of retirement is that all your expenses will magically decrease once your career comes to an end. But if there's one expense that's likely to increase in retirement, it's healthcare. Of course, healthcare isn't exactly a negotiable expense. If there are medications you need to take to stay healthy, you can't just skip them without consequences. And if you need diagnostic testing that results in a large bill, there's not much to do about it if you don't want to risk your health. Image source: Getty Images. Continue reading
Moscow Repels Another Large-Scale Ukrainian Drone Attack, Flights Briefly Grounded Russian officials are describing a large-scale Ukrainian drone attack targeting the capital of Moscow on Sunday. While not the first time, such aerial assaults so deep in Russian territory have remained somewhat rare. Moscow Mayor Sergei Sobyanin said Sunday afternoon that Russian air defenses intercepted 13 drones ...
Moscow Repels Another Large-Scale Ukrainian Drone Attack, Flights Briefly Grounded Russian officials are describing a large-scale Ukrainian drone attack targeting the capital of Moscow on Sunday. While not the first time, such aerial assaults so deep in Russian territory have remained somewhat rare. Moscow Mayor Sergei Sobyanin said Sunday afternoon that Russian air defenses intercepted 13 drones headed for the capital , as regional officials reported a sweeping wave of UAV attacks across western Russia - including hundreds of UAVs in total. Standard Ukrainian drone, via the General Staff of the Armed Forces of Ukraine In mid-afternoon local time, Sobyanin announced that a drone approaching Moscow had been shot down. Within an hour later he described that air defenses had destroyed a total of 13 UAVs targeting the capital area . Emergency crews were dispatched to sites where debris fell, he detailed in the aftermath. State-aligned outlet RIA Novosti reported that Domodedovo airport briefly halted arrivals and departures amid the threat before operations resumed. The past year has seen increasing delays and stoppages at major aviation hubs across the Moscow region , leading to frequent delays and flight cancelations, also as frustration among Russian travelers grows. In the border area Bryansk Oblast, Governor Aleksandr Bogomaz described the region had been under sustained drone assault since early morning. He said 120 UAVs had been downed over the territory. As for details of the assault on southern Russia - which has become almost a nightly reality - Russia's Defense Ministry stated that in the morning hours, air defenses intercepted 102 Ukrainian fixed-wing drones over Bryansk, Kaluga, and Tula oblasts, as well as over the Moscow region - including three allegedly flying toward the capital. Repeat drone attacks on Moscow could result in the Russian military upping its own attacks on the Ukrainian capital, which will leave Kyiv Oblast further without power, after a...