Here’s Why The Broader Market Is Not Ready To Break Out
In an article earlier today, Mark Newton referred to the stock market as "disjointed". I kinda like that. While Tech stocks (NASDAQ: QQQ) and Small Cap...
Skechers Declines On Earnings, Market Cycles Indicate More Pain
Skechers stock (NYSE:SKX) traded -27% lower on Friday morning, after posting earnings below estimates and lowering guidance.
The company reported earnings per share of...
NASDAQ 100 Elliott Wave Rally Price Targets
Today, we will provide a trading outlook for the NASDAQ 100 Index (INDEXNASDAQ:NDX), with implications for other ETFs like the PowerShares QQQ (NASDAQ:QQQ). Slightly more...
After IBM’s Earnings Beat, Can Its Stock Price Build A Base?
International Business Machines (NYSE: IBM) traded 4% higher on Thursday morning, after reporting earnings that beat Wall Street expectations, even after analysts lowered price...
S&P 500 Trading Update: Sellers Make An Appearance
Broad Stock Market Futures Overview for July 19, 2018 Sellers are finally showing up as support areas on the S&P 500 Index (INDEXCBOE:.INX) and Nasdaq Composite...
United Airlines (UAL) Beats Earnings, Looks Poised For New Highs
United Airlines (NYSE: UAL) traded 8% higher on Wednesday morning, after reporting earnings that beat Wall Street expectations. The company reported earnings per share of...
Gold Bulls Find Themselves In A Precarious Position
After a strong rally to start 2018, Gold prices (NYSEARCA:GLD) have fizzled out... again. Will this ordinary decline turn into a more significant one? It very...
Dow Jones Industrials Update (July 2018): Fibs and Market Tops
The stock market as we know it tilted in March of 2018, then shifted in April.
We witnessed and gave testimony that some stock...
S&P 500 Futures Trading Update: Topping Formations?
Broad Stock Market Futures Outlook for July 17, 2018 Recent weakness on the S&P 500 (INDEXCBOE:.INX) will likely see tests of short-term trading support(s). I am watching...
3 Charts That Say The SOX Semiconductor Index Is Topping
The Semiconductor Index (INDEXNASDAQ: SOX) looks like it's in trouble from a macro perspective. Several techniques are pointing to a major SOX Semiconductor top...
