The COT Report: Is the S&P 500 Ready To Rally?
The chart below looks at non-commercial futures trading positions for the S&P 500 (NYSEARCA: SPY). For the week the S&P 500 closed lower by -1.6%. Here’s a...
Will the Stock Market Correction Morph Into a Recession / Bear Market?
The October stock market correction has carried over into November. And although the S&P 500 (INDEXCBOE: .SPX) has not broken its October lows, the...
If the Stock Market Gives You Bad Dreams, It’s Time To Wake Up
I imagine that investors’ dreams vary to a large degree. There are some who dream of a stock market collapse. There are others who dream of...
Nvidia’s Stock (NVDA) Gets Walloped On Earnings: More Pain Ahead?
Nvidia Corporation (NASDAQ: NVDA) Stock Weekly Chart Nvidia (NVDA) took a beating on Friday morning, trading 20% lower. The devastation came after the company posted mixed...
S&P 500 Trading Outlook: Bottoming Process Underway
S&P 500 Trading Outlook (3-5 Days): Bottoming process near-term The trading environment is still mildly bearish given the rally within the downtrend, but I feel that...
Stock Market Futures Update: Bulls Need Follow-Through Buying
Fast moves up and down, back and forth, have the stock market (and traders) lacking conviction. This price action has made for some messy charts. S&P...
2018 Stock Market Correction: Similarities to the 2016 Retest?
RETESTS ARE COMMON Fifteen days ago we posted the following charts: In that October 30 post we noted: In the 2016 chart above, notice how it is not...
Cisco Systems (CSCO) Posts Strong Earnings, Stock Has More Upside
Cisco Systems (NASDAQ: CSCO) traded 6% higher on Thursday morning. The company posting earnings that beat Wall Street expectations for revenue and earnings, demonstrating it...
Gold Bugs Are Cheering On This Double Top Pattern!
Gold, Silver, and the precious metals industry have a pretty simple relationship with the U.S. Dollar: They perform better when the Dollar is weakening... and...
