Stock Market Futures: Ready For Another Whirlwind Week?
Monday should bring more chop as futures traders look likely to test lower support levels on the S&P 500 and Nasdaq.
Stocks have been whipped...
COT Report: Is Gold Basing For A Broader Rally?
The chart below looks at non-commercial futures trading positions for Gold (NYSEARCA: GLD). For the week Gold closed higher by +0.5%, consolidating recent gains.
Here’s a look...
Is All That Glitters Gold?
The following article is a part of my Gone Fishing Newsletter that I provide to fishing club members each week to identify macro inflection points and...
Market Futures Trading Outlook Video For October 15
Traders are working on a very short-term bottoming formation Monday.
Bounces are likely here and they could be quick and steep.
I am watching higher supports...
Gold Prices Break Out But Overhead Resistance Looms
The chart below looks at non-commercial futures trading positions for Gold (NYSEARCA: GLD). For the week Gold closed higher by +1.4%, breaking out above key...
Stock Market Futures Outlook: Buyers Show Up At Value Levels
Traders work the edges to build a bounce event after a few days of selling.
How they battle at key price resistance will tell the...
Weekend Market Outlook: Long Lower Shadows Embolden Bears
It was a rough week for stocks… and especially small cap stocks (Russell 2000) and tech stocks (Nasdaq).
The S&P 500 is also showing a...
Will King Dollar Squash Precious Metals Rally Hopes Again?
The precious metals sector simply cannot by a break.
Since peaking, gold bugs have had several rally attempts squashed. And many of them due to...
Weekend Market Update: October Is A Time To Be Selective
The S&P 500 (NYSEARCA:SPY) was flat Friday but its intermediate term posture turned weakly bearish. And small cap stocks aren't helping the market, as...
Stock Market Update: End Of Quarter To Bring Fireworks
It's the end of the week, month and quarter for the stock market (and traders).
As I look across the charts for the S&P 500,...
