S&P 500 Weekly Outlook: Equal Weight Leadership Boosts Rally
Key Takeaways From Stock Market Rally: Relative strength from equal-weight indexes and an expansion in the percentage of stocks above their 200-day average point to encouragingly...
Nvidia Stock (NVDA) Rises On Earnings, But Weak Recovery Bearish
Nvidia (NASDAQ: NVDA) rose as high as 5% on Friday morning, after the semiconductor company posted earnings that beat Wall Street expectations. However, the stock’s...
Stock Market Today: How Long Can Small Caps Lead?
The stock market had a mixed, yet successful session on Thursday, paving the way for another higher open on Friday. The Russell 2000 (IWM) has...
Gold Bulls Have Fingers Crossed that the Buck Stops Here!
Over the past year the US Dollar has made a comeback, rallying over 10 percent off its February 2018 lows. King Dollar is at a...
Can Grand-dad Russell 2000 Hold onto the Bucking Bull?
Yesterday, we covered the laggard Retail Sector (XRT) of the Modern Family throughout this rally. XRT mainly represents the brick and mortar stores. Yesterday, the...
Teva Pharmaceutical Tanks as Stock Cycles Highlight Downside Risk
Teva Pharmaceutical (TEVA) fell 9% on Wednesday morning, after it posted earnings that missed Wall Street expectations. The stock’s market cycles point to a period...
S&P 500 Trading Outlook: 4 Factors Likely To Slow Stock Rally
S&P 500 Trading Outlook (3-5 Days): Mildly Bullish Another 1-2 days of gains look possible this week, but S&P 500 (SPY) is now at bottom...
The Futures In Five: Bulls Looking to Run Today
Buying pressure in the stock market has forced sellers to the sidelines for now, but these buyers have backed off from highs. Pullbacks are buying...
Red Granny ‘Retail Stocks’ Pulls Out Her Green Knitting
The laggard of the Modern Family throughout this rally has been the Retail Sector ETF (NYSEARCA: XRT), which mainly represents the brick and mortar...
Johnson & Johnson (JNJ): Trading the Elliott Wave Correction
In September 2018, I called for the completion of a five wave impulsive rally on Johnson & Johnson (NYSE: JNJ) that started in May...
