After stocks got pummeled once again on weaker-than-expected monthly employment numbers, flashbacks to Aug. 2 and Aug. 5 immediately came to mind. In this period, the S&P 500 Index (SPX -- 5,408.42) ...

Last week, I discussed the technical damage incurred since the S&P 500 Index (SPX – 5,667.56) hit its all-time high in mid-February, after an impressive rally that ended 20% above the August 2024 low.

The combination of SPX puts and VIX calls open today indicates a moderately high level of hedging into year end, which should help avoid an ugly spiral downward if the broad market continues to slip ...

The SPX closed higher after four weeks of losses, but is struggling to clear resistance “…the SPX closed below the popular 200-day trendline for the first time since October 2023… the less popular 250 ...