Stocks & Bonds

Top Trading Links: Investing Research For The Week Ahead

It was another week of twists and turns, but by and large, the S&P 500 Index (INDEXSP:.INX) is stuck in a consolidation trading range.  For the week, the major stock market index ended up 1.2%. Much of the gains came on a positive reaction to back-to-back central bank announcements (Bank…

S&P 500 Weekly Outlook & Technical Review – September 23

S&P 500 Weekly Outlook & Technical Market Review – September 23 Here’s a look at some key stock market indicators and emerging themes that we are watching in our latest “Stock Market Outlook”: Rally Off of Lows Comes with Divergences – From a price perspective, stocks appear to be getting…

Can The Precious Metals & Mining ETF (XME) Hold Its Breakout?

It’s no secret that one of the biggest laggards within the equity market over the past 5 years has been the precious metals & mining group. After a blowoff top in 2008, the space absolutely cratered. Following the broad stock market bottom in 2009, the sector rallied along with the…

Nike Stock Chart (NKE): 7 Year Trend Line Getting Tested

One of the steadier stocks, and companies, in the U.S. stock market over the last half decade has been Nike (NYSE:NKE). It is currently testing a key level on its chart, however, that may present a challenge to its longer-term uptrend. Let’s look at chart below and discuss some key…

S&P 500 Trading Outlook: Bullish With A Few Caveats

S&P 500 Trading Outlook (2-3 Days):  Bullish bias for the next few days given yesterday’s move above initial resistance in the S&P 500 Index (INDEXSP:.INX) and Dow Jones Industrial Average. Also, the NASDAQ Composite moved back to new all-time highs. There’s more work left to be done, but encouraging signs for the…

European Bank Stocks Struggling To Gain Traction

Calls of capitulation in European bank stocks this summer appear to have been premature. Last Friday, I mentioned the potential “false breakout” in the broad European stock market. This looks like yet another troubling development in the perpetual under-performance on the part of the continent’s equities. And one major contributor…

Wells Fargo’s Stock (WFC) Declines: Downside Price Targets

Wells Fargo’s stock price (NYSE:WFC) has spent much of 2016 trading between $44 and $51 per share. But that range could get broken to the downside when looking at the stock chart and using fibonacci analysis. Looking at the chart below, we can see that each of the past three…

Is A Federal Reserve Rate Hike A Lower Risk Today?

Key Takeaway: With the economy continuing to make slow progress and stock market volatility already rising, a surprise Federal Reserve rate hike today could help rebuild its credibility. Note that the Federal Reserve concludes its 2 day monetary policy meeting today with an announcement on rates at 2:00 pm ET. Janet…

Treasury Bonds ETF (TLT) On Verge Of Turning Bearish

In our June post about treasury bond futures and the related iShares Barclays 20+ Year Treasury Bonds ETF (NASDAQ:TLT), we suggested that both were showing signs of topping out. In the months since then, treasury bonds and the TLT have made downward moves that we are watching as the possible…

S&P 500 Technical Update & Market Thoughts – Sept 20

The S&P 500 (INDEXSP:.INX) has been pacing the “range-bound” price action in the U.S. – and we are seeing similar price action in Europe. At the same time Bond prices are consolidating with the US Dollar. All this is likely due to the upcoming Bank of Japan and Federal Reserve (FOMC)…