Commodities

Market Futures Trading Update & Outlook – November 21

Stock Market Futures Considerations For November 21, 2017 The S&P 500 (INDEXSP:.INX) is trading higher on Tuesday morning as stock market bulls are enjoying a holiday rally. Check out my futures trading commentary and key price levels below. Note that you can access today’s economic calendar with a full rundown of releases….

Gold Chart Update (GLD): Back In A Trading Range

The last 2 months haven’t been kind to Gold bulls. The precious metal appeared to be breaking out in early September, but that breakout attempt failed miserably. Today we’ll take a look at the chart of the Gold ETF and provide an update. SPDR Gold Shares ETF (NYSEARCA:GLD) The Gold…

S&P 500 Futures Trading Outlook For November 17

Stock Market Futures Considerations For November 17, 2017 The S&P 500 (INDEXSP:.INX) is trading mixed on Friday morning as bulls and bears try to wrestle control of the tape. Bulls bought the dip again on Thursday, but can they push the market to new highs? Or will stocks pull back…

S&P 500 Futures Trading Outlook For November 15

Stock Market Futures Trading Considerations For Nov 15, 2017 The S&P 500 (INDEXSP:.INX) is trading lower on Wednesday morning as bears try to wrestle control of the tape. Bulls bought the dip for the past two days, but can they defend support levels once more. Or will stocks see a…

Will Ailing Miners Lead Silver Prices Lower?

At the end of August, I wrote pointed out that Silver futures prices were not keeping pace with Gold.  I posited that the “gold breakout” that precious metal bulls were losing their heads about might not be ready for primetime. You can read that post here.  I was a week and…

S&P 500 Futures Trading Outlook For November 14

Stock Market Considerations For November 14, 2017 The S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) are trading lower on Tuesday morning. Bulls bought the dip yesterday but they will now be forced to defend support levels once more. My futures trading levels and market commentary can be found below. Check out…

Copper ETF (JJC) Poised For A Steep Price Correction

The strength of the Copper rally during the past 13 months has convinced us to move the bigger-picture bullish count to the forefront. Even so, Elliott wave considerations and calculated price resistance suggest a sizable downward correction is due for Copper and the Copper ETF (NYSEARCA:JJC). In autumn 2016 copper…

S&P 500 Futures Trading Outlook For November 9

S&P 500 Index Chart – November 9 Stock Market Futures Trading Considerations For November 9, 2017 The S&P 500 (INDEXSP:.INX) is trading lower on Thursday morning, as a pullback has commenced. Lower support levels will be important to watch today, along with bounce attempts (and how they behave at resistance)….

6 Charts That Show The Global Economy Is Flourishing

The Following Post was written together with Arun Chopra of Fusion Point Capital We all know it’s a global bull market. Economies across the globe have been suggesting strength to market participants all year. And of late, we’ve really seen signs of economic expansion spill over into ‘proof in the…

S&P 500 Futures Trading Outlook For November 7

Stock Market Futures Considerations For November 7, 2017 The S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) are trading mixed in Tuesday morning trade. Markets are looking a bit toppy short-term, but as long as higher lows are made, the trend is up. Key trading levels and futures market commentary can be…