We’ve seen this pattern repeat at least five times since November where the index plunges through the 50-day MA then soars again as it regains it. While all of the others produced a series of higher-highs, including the record at 7043.00, suggesting real momentum buying, the last two failed to do so, producing swing tops at 7027.25 and 7006.50.Next Few Days Will Tell Us If Sellers Are Starting to Cap GainsWe’re going to be watching the momentum if the 50-day is recaptured or rejected by traders over the nex ...

Market Trends - The key support level is identified at the 200-day moving average of $60.51, with potential re-entry points at $59.80, $58.93, and $58.52 if this support fails [1] - The market is currently in a "buy the dip" mode, supported by the upward trend indicated by both the swing chart and moving averages [1] Price Projections - If momentum builds above the 200-day moving average, a potential rise to the main top at $62.20 is anticipated, which could trigger an acceleration towards the September 26 main top at $64.75 [2] Market Drivers - Early session strength is driven by weather disruptions and geopolitical tensions, particularly between the U.S. and Iran, which are expected to continue impacting prices [3] - Winter storm Fern is causing significant disruptions across the U.S., affecting crude and natural gas production and stressing the power grid, thereby underpinning prices due to tightened physical flows [4] - JPMorgan analysts report a loss of approximately 250,000 barrels per day of crude production in the U.S. due to harsh weather conditions, particularly in the Bakken field and parts of Texas [5]

Core Insights - The S&P 500 reached a new record high at the end of the first full trading week of 2026, indicating strong market performance [1] - Historical analysis shows significant drawdowns, with a notable drop of approximately 57% from the peak in October 2007 to the trough in March 2009 during the Global Financial Crisis [1] - The S&P 500 has shown resilience, taking over five years to recover to a new all-time high after the financial crisis [1] Performance Analysis - The S&P 500 is up 1.76% year-to-date, while the S&P Equal Weight Index, which equally weights the same constituents, is up 3.14% year-to-date, indicating a divergence in performance between the two indices [4] - The S&P 500 has been above its 50-day moving average since December 18, 2022, and above its 200-day moving average since May 12, 2022, suggesting a bullish trend [2] Volatility Insights - The S&P 500 experienced its largest intraday price volatility of 10.77% on April 9, 2022, since December 24, 2018, highlighting periods of significant market fluctuations [3] - The average percent change from the intraday low to high over the past 20 days is 0.72%, indicating moderate volatility in recent trading sessions [3]

Core Insights - The S&P 500 index has shown strong performance, closing the week on a four-day winning streak and nearing a new record high [1] - Historical data indicates the number of record highs reached each year since 2013, with 2023 currently at zero record highs [3][4] Performance Overview - The S&P 500 index reached a peak of 1565.15 on October 9, 2007, before experiencing a significant drop of approximately 57% during the Global Financial Crisis, closing at 676.53 on March 9, 2009 [6] - It took over five years for the index to recover and reach a new all-time high of 1569.19 on March 28, 2013 [6] Volatility Analysis - The S&P 500 has been above its 50-day moving average since November 24, 2022, and above the 200-day moving average since May 12, 2023, with the 50-day moving average surpassing the 200-day moving average since July 1, 2023 [10] - The index experienced its largest intraday price volatility of 10.77% on April 9, 2023, since December 24, 2018 [13] Index Comparison - The S&P 500 is a market cap-weighted index comprising roughly the 500 largest U.S. stocks across 11 sectors, while the S&P 500 Equal Weight Index includes the same constituents but with equal weighting [14]

Group 1 - McDonald's shares fell below their 200-day moving average of $305.87, trading as low as $305.40, representing a decline of approximately 1.1% on the day [1] - The 52-week range for McDonald's shares is between $276.53 (low) and $326.32 (high), with the last trade recorded at $306.94 [3]

Core Insights - The S&P 500 finished October with a gain of 2.3% from September, marking its fourth weekly gain in the last five weeks [1] - Year-to-date, the S&P 500 is up 16.56%, while the S&P Equal Weight Index has increased by 7.53% [4] Performance Overview - The S&P 500 index recorded a weekly gain of 0.7% [1] - Historical context shows the index reached an all-time high of 1565.15 on October 9, 2007, before experiencing a significant drop of approximately 57% by March 9, 2009, during the Global Financial Crisis [1] - The index took over five years to recover and reach a new all-time high of 1569.19 on March 28, 2013 [1] Volatility Analysis - The S&P 500 experienced its largest intraday price volatility of 10.77% on April 9, 2023, since December 24, 2018 [3] - The average percent change from intraday low to high over the past 20 days is 1.07% [3] Index Comparison - The S&P 500 is a market cap-weighted index, while the S&P Equal Weight Index gives equal weight to each constituent [4] - The performance disparity between the two indices highlights the stronger performance of the S&P 500 in 2023 [4]

Group 1 - Hartford Insurance Group shares fell below their 200-day moving average of $123.45, trading as low as $120.33 per share, representing a decline of approximately 2.1% on the day [1] - The 52-week low for Hartford Insurance Group shares is $104.93, while the 52-week high is $135.17, with the last trade recorded at $122.44 [4]

Core Viewpoint - Netflix Inc (NASDAQ: NFLX) has fallen below its 200-day moving average, raising concerns among technical traders, yet investor Josh Brown remains optimistic about the streaming service's prospects [1] Company Summary - The decline below the 200-day moving average is a significant technical indicator that may influence trading strategies [1] - Despite the technical concerns, notable investors like Josh Brown continue to support Netflix, indicating potential confidence in the company's long-term performance [1] Industry Summary - The streaming industry is experiencing volatility, with technical indicators playing a crucial role in investor sentiment [1] - Investor perspectives, such as those from Josh Brown, highlight the importance of fundamental analysis alongside technical metrics in assessing streaming companies like Netflix [1]

Core Insights - Paul Tudor Jones, a prominent hedge fund manager, warns that current market conditions resemble the final explosive months of the 1999 dot-com bubble, suggesting a potential for massive price appreciation across risk assets while advising investors to exit before a crash [2][4]. Investment Recommendations - Jones recommends a portfolio that includes gold, cryptocurrency, and the Nasdaq, advising to hold these assets until they dip below the 200-day moving average [3][4]. Market Analysis - The current market environment is described as more volatile than previous speculative bubbles, characterized by rate cuts, fiscal deficits, and high leverage in ETFs [4][5]. - Jones labels sovereign debt as the "biggest bubble of all time," indicating that central banks have delayed the inevitable market correction through easing policies, which could lead to a significant bond market disruption when rate cuts cease [5]. Performance Metrics - Gold has increased by 46%, while Bitcoin has risen by 50% to 60%, with retail-driven assets, including meme stocks, up nearly 70%, indicating an ongoing inflation trading experience [2].

Group 1 - Viatris Inc shares crossed below their 200-day moving average of $9.98, trading as low as $9.95 per share, reflecting a decline of approximately 1.9% on the day [2] - The 52-week range for VTRS shares is between a low of $6.85 and a high of $13.55, with the last trade recorded at $9.96 [2] - The data regarding VTRS's moving average was sourced from TechnicalAnalysisChannel.com [2]