Opinion: Stock market bulls are still on top

The U.S. stock market continues to rise, generating buy signals and targeting a resistance level of 4600, with support at 4330 remaining crucial; breadth has improved, volatility indicators remain bullish, and new recommendations include a breadth oscillator buy signal and investments in Taysha Gene Therapies.

marketwatch.com

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8/21/2023

Pullback Perspective: The Reasons Why Stocks Are Pulling Back

Volatility and rising interest rates have caused a pullback in U.S. equity markets, particularly impacting the technology sector, but investors should not panic as pullbacks are normal in a bull market and present buying opportunities. China's deteriorating economic conditions and weak seasonal trends have also contributed to the selling pressure. However, support is expected to be found in the 4,200 to 4,300 range in the S&P 500, and the Federal Reserve's likely end to the rate-hiking cycle and improved earnings should provide fundamental support for investors to buy the dip.

9/5/2023

Don't buy stocks until these 2 signals flash, technical analyst says

Investors should wait for two technical signals - a breakout above the 4,600 resistance level on the S&P 500 and an upward turn in the momentum-based stochastics indicator - before buying stocks, according to Katie Stockton of Fairlead Strategies.