Tag "trading ideas"

Will Semiconductor Deals Spur More Consolidation? Who’s Next?

Earlier this week Analog Devices (NASDAQ:ADI) announced a $14.8B deal for Linear Tech (NASDAQ:LLTC), one of the largest Tech deals this year. This follows a flurry of semiconductor deals across the industry, boosting the sector (NASDAQ:SOXX). Less than two weeks ago Softbank announced a $28B deal for ARM Holdings (NASDAQ:ARMH) in…

S&P 500 Futures Trading Outlook For July 29

S&P 500 Futures July 29 – Trading Outlook  Looking at the broader stock market using S&P 500 futures (ES_F) showed stocks jammed up in a trading range. But that could end soon as we enter the last trading day in July. We touched the top of our trading range again, but we’ll…

Junk Bonds (NYSEARCA:JNK) Rally Hits Key Price Resistance

Junk bonds have done an excellent job at sending risk on/off signals to investors (for the broad stock market indices). Today, I’m providing an update on the Junk Bond ETF (NYSEARCA:JNK) and what it’s saying now. We’ll need to take a look at the price action and chart. In fact, we’ll look at…

S&P 500 Futures Trading Outlook For July 28

S&P 500 Futures Broad Market Overview for July 28, 2016  –  The Federal Open Market Committee (FOMC) release yesterday did little to shake the charts from their congested levels. Though we dipped deeply into support, once again, a tradable buying opportunity was at hand. Early morning S&P 500 futures trading…

S&P 500 Futures Trading Outlook For July 27

S&P 500 Futures Trading Outlook for July 27, 2016 – The broader stock market indices led by the S&P 500 Index (INDEXSP:.INX) are looking forward to the Federal Open Market Committee (FOMC) meeting release today at 2pm. More specifically, active investors are awaiting news from the FOMC on interest rates. It seemed a forgone…

Apple Stock Update: Bearish Price Action Into Earnings

Apple’s (NASDAQ:AAPL) drop to new weekly lows confirms last Friday’s break of the current one-month bounce in Apple’s stock price. This may be important as it most likely puts further near-term pressure on the stock. That said, Apple AAPL earnings will be the wild card. While Apple earnings are notoriously tricky,…

S&P 500 Futures Trading Outlook For July 26

S&P 500 Futures Trading Outlook for July 26, 2016 – Broad stock market formations appear to be in a wait and see state of some kind with consolidation being the order of the day. We are entering our 7th day testing the 2159 area. There will be a break of some magnitude once…

Financial Sector ETF (NYSEARCA:XLF): Ready To Breakout?

Chart patterns are no more than probability… sometimes they work and sometimes they don’t.  As a chart pattern recognition guy, I use them to identify potential turning points (or trend changes).  Today we’ll revisit the SPDR Financial Sector ETF (NYSEARCA:XLF). Back in June of 2015, we spotted an $XLF “SELL” Pattern….

Are Natural Gas Prices Ready To Rally Again?

Natural Gas had its typical seasonal springtime rally, as well as a typical summertime pullback. The seasonality trade has worked like a charm thus far, and history suggests a general bearish trend until Labor Day. The chart, on the other hand, is showing some bullish signs after a Natural Gas…

S&P Mid-Cap Index: Tightest Range In 20 Years

The S&P Mid-Cap Index (INDEXNYSEGIS:MID) is trading in the tightest 8-day range in over 20 years; is a big move imminent? Last week, we wrote about the Dow Jones Industrial Average’s rare streak of 7 consecutive all-time highs since its long-awaited breakout. However, scanning the broad equity landscape, it appears that…