Major Indices

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…

This S&P 500 Chart Pattern Says 2200 Is A Big Deal

I have studied patterns for a long time. And as a trader, I’m fascinated with price patterns that develop in the financial markets. Today I want to look at an important chart pattern in the works on the S&P 500 Index (INDEXSP:.INX)… and why we may be trading at a…

S&P 500 Breadth: 2 Concerning Charts For Market Bulls

There are two subtle, yet concerning, S&P 500 breadth indicators worth noting as the stock market grinds higher into August. First is the lack of new highs in the ratio of the S&P 500 equal weight index vs the S&P 500 (INDEXSP:.INX). The ratio hasn’t made new highs since May. In fact,…

German DAX Reaches Make Or Break Point For 2016

Germany’s DAX Index (INDEXDB:DAX) is hitting a convergence of two major trendlines; its reaction here may set the tone for German stocks for some time. In moving to new highs recently, the major U.S. stock market indices have benefited from a solid core of leadership sectors. In recent weeks even,…

S&P 500: Onward & Upward Without China, Trains, and Oil?

Recently, I have been collaborating on a research project with Arun Chopra, an experienced investor and good friend who holds a CFA and CMT. Together, we have been blending longer-term fundamental indicators with technical indicators to do historical studies. If you like what you see here, note that we will…