Stocks & ETFs

US Dollar Index: Time To Start Buying The Dips?

The latest US Dollar Index rally has been met with a lot of conjecture around what it means, etc.  It seems that most don’t believe in the rally and are expecting further weakness. I agree on the possibility for near-term weakness in the US Dollar, but that’s a matter of technical…

S&P 500 Futures Outlook For Traders – May 26

S&P 500 futures outlook for May 26, 2016 – With buyers still having much to prove, holding lower supports will be critical today. The move upward will be heavily contested, and upside motion into 2095-2097 should quickly fail, if the buyers get traction over 2091. At this writing, we are…

Inside Tuesday’s Trading Breakout: Why Stocks Trended Higher

Yesterday was a particularly interesting day of trading, as the bulls really ramped the market up through some key resistance levels, scoring a trading breakout. In short, stops were busted and shorts covered, “squeezing” the stock market higher). I want to share with you what I perceived as the initial ‘why’…

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,…

S&P 500 Futures Update For May 23: Watch That Momentum

Outlook for S&P 500 futures for May 23, 2016 – Significant overhead supply sits near 2057.5 at this time, and we sit near familiar regions of days and weeks past near 2046.5.  So the battle between bulls and bears continues into this week. Deeper support on S&P 500 futures sits below…

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…