Major Indices

Bullish Divergence Sends Signal To Traders In Choppy Market

It’s been a choppy mess over the past few weeks across the major stock market indices as stocks have slugged through earnings season absent of any clear trend. And this can make trading a bit more tricky. Ranges have compressed, the fast moving averages flattened, and the recent bear raid Thursday…

S&P 500 Pivot Points Lead The Way For Traders

The choppy, yet steady and tight trading range that the stock market finds itself in is likely to resolve at some point soon. But as traders patiently await the next big move in the stock market, I want to share an interesting trading insight from last week regarding key S&P…

Is There Light Ahead For The Euro STOXX 600 Index?

It’s been a rough go of it for European equities markets. The broadest index of European stocks (STOXX 600 Index) fell nearly 25 percent into 2016, putting in a bottom in February. The recovery has been impressive and I want to discuss the current state of the index today. Moreover,…

US Equities: Range Bound Market Handcuffs Bulls & Bears

Saturday marks the one year anniversary of the all-time high for the S&P 500 – and yet since then the stock market has been just a few percentage points away for much of the time. How depressing is that? This range bound market has tested the patience and fortitude of many traders as…

Stock Market Futures (May 19): Sellers Weigh Market Down

Stock Market Futures Outlook for May 19, 2016 (S&P 500 futures) – The chart to battle 2038, but we’ve broken it enough times for buyers to be concerned about support levels holding. Currently, we sit just below this level at the time of this writing. Deeper support sits below at 2032,…

S&P 500 Weekly Review: Will Traders See A ‘May Swoon’?

A LOOK AHEAD FOR MAY OPTIONS EXPIRATION (OPEX) It’s been a very tricky market tape for bulls and bears over the past couple of weeks. Bulls have been unable to press the stock market above resistance, while bears have been trying hard to break bigger support levels but in vain. A lot…

S&P 500 Market Update: Watch This Canary!

There’s been a lot of action this past week and the stock market has quickly put the bulls on their heels. In this market update, we’ll take a closer look at charts of the S&P 500 and Nasdaq, while highlighting some key pieces of the puzzle to watch. On the…

S&P 500 Futures Mixed: Bulls And Bears Battle Near 2054

Stock Market Futures Outlook for May 13, 2016 – Early this morning, traders watched S&P 500 futures make a familiar test of the 2046 level. That support level brought buyers back into the mix and pushed the market to today’s level of contention at 2054.5. It seems like S&P 500 futures will…