Major Indices

S&P 500 Trading Update: Look Out Below?

I am a market timer. I love to time the ebbs and flows of the S&P 500 Index (INDEXSP:.INX) using Pivot Points. Last June I wrote a post here right after the S&P 500 (SPX) failed  at the Fibonacci YearlyR1 Pivot Point at 2120. At that time, I said the…

Stock Market Outlook: A Case Of Jekyll & Hyde

A secret meeting that led to the formation of the Federal Reserve occurred on Jekyll Island, Georgia in 1910. Such an appropriate location for what has become the Jekyll and Hyde FED. One day we hear that they are ready to tighten, the next day it’s low rates forever. Well Jekyll…

S&P 500 Chart Update: Take The Emotion Out Of Trading

The S&P 500 Index (INDEXSP:.INX) is retesting the lows from Monday near 2,120. This is an area of important chart support that I have talked about recently (see my post from Monday). Other areas of technical support and interest for traders: A measured move based on the small head &…

S&P 500 Futures Trading Outlook For August 30th

S&P 500 futures are trading a bit lower on Tuesday morning as traders heed the upper and lower boundaries of the recent price range. The S&P 500 Index (INDEXSP:.INX) moved higher yesterday, pushing the index toward the upper part of the range. But overnight movement on S&P 500 futures finds…

S&P 500 Futures Trading Outlook For August 26

A high level overview of stock market futures for August 26, 2016 shows a market that is range bound and waiting for a catalyst. Perhaps today will give traders that catalyst. The S&P 500 (INDEXSP:.INX) has been wrapped in a tight range for some time… ready for a move. Let’s…

S&P 500 Futures Trading Outlook For August 24th

S&P 500 Futures Trading Outlook for August 24, 2016 – As with yesterday, the morning finds us just above congestion at 2186 on S&P 500 futures. Charts continue their bullish slant but under damp momentum. A breach above 2187.75 may only take us to the top of the range near…

S&P 500 Futures Trading Outlook For August 22nd

S&P 500 Futures Outlook For Traders (Broad Overview) for August 22, 2016 – After an absence of several days in the market, I returned to see charts just as range bound. Typical summer trading behavior. Perhaps traders are waiting on the election, or some other market moving news. But whatever the…

Risk On Trade? Watch The Nasdaq 100 & Junk Bonds!

After breaking out to new highs, the stock market has cooled off a bit in August. It hasn’t necessarily gone down, but rather just traded sideways. This has put a cap on the risk on trade in August. But there are a couple of assets that are pretty telling as…

Japan Markets: The Great Keynesian Fail Of 2016?

Today, we look at the Japanese markets and their big monetary policy gamble that has yet to pay off. Interest rates went to zero, then negative. How far will policy makers go to create growth? We will likely find out soon if Japanese markets continue to lag and/or inter market…

S&P 500 Bollinger Bands Contraction: A Short-Term Warning?

Today I thought I’d share a few of charts of interest for equity traders. One chart looks at the recent S&P 500 Bollinger Bands contraction which suggests the possibility of a decent move in the stock market. The two others look at the CBOE Volatility Index (INDEXCBOE:VIX) and suggest the potential…