S&P 500 Trading Outlook: Bearish, But Look For Buying Opportunities
S&P 500 Index Trading Outlook (3-5 Days): Bearish
Reversal happened on cue- Stocks likely begin 3-5 day pullback. Maximum weakness down to 2785-2800 in all likelihood.
S&P...
The Futures In Five: Holding Pattern Into Friday Jobs Report
The S&P 500 (SPX) feels a bit weaker but buyers will likely hang at lower levels to rescue pullbacks.
At least until the Friday morning...
Gold ETF (GLD) Elliott Wave Forecast: Downside Move Underway
We haven't written about gold prices for more than a year because for us there weren't any high-confidence forecasts of trending moves. The market...
Gold Price Correction: Targets and Thoughts
Gold has always been a tricky trade.
Day-to-day movements in the US Dollar and back-and-forth statements from the Federal Reserve only add to this.
That said,...
Stock Market Today: Bulls Look to Stop the Selling
The stock market was on a slippery slope with heavy selling on Friday and into Monday.
But Monday's late rally has the S&P 500 Index...
Mid-Week Stock Market Outlook: Small Caps Pulling Up the Rear
The S&P 500 (SPX) finished flat and retained its bullish Market Forecast intermediate posture; it was a similar story for the Dow Jones Industrial...
GOLD Cot Report: Can Bulls Regain $1300?
The chart below looks at non-commercial futures trading positions for Gold. For the week Gold traded slightly higher.
The SPDR Gold ETF (NYSEARCA: GLD) closed higher by +0.8%.
Here’s a...
Silver Bulls Hope Support Holds On This Descending Triangle!
Silver bulls are hoping to catch a break... and hoping that break is not a breakdown.
Over the past few years, Silver (NYSEARCA: SLV) has...
GOLD, Volatility, and Investing into 2020 and Beyond
Unlike some attractive investments, gold tends to shine the brightest during times of market turmoil.
Our macro view places us in the late stage...
The Futures In Five: Making Sense of a Messy Market
The S&P 500 spread today is tighter once again after yesterday's price action - currently around 18 points at the 2800 strike.
This leaves us...
