U.S. Equities Forecast (3Q 2020): Second Half To Test Market Strength
Current List of Stock Market Highlights:
- Federal Reserve Pushing for Fiscal Stimulus
- Virus Spread Could Weigh on Economic Rejuvenation
- Corporate Earnings Weakness Stretches Valuations
-...
Stock Market Still Bullish, But Here’s 9 Concerns To Watch Next Week
Early weakness failed to hold by Thursday's close, though still another day of negative market breadth.
Until/unless this is recouped right away, it's proper to...
Stock Market Today: Nasdaq Reflects Tech Resiliency
The Nasdaq pushed to new highs as stocks fought back against early selling. Stock market futures point to a mixed to higher opening on...
Commodity Index Price Reversal Raises Hope for “Double Bottom”
Thomson Reuters Equal-Weighted Commodity Index Chart
It's been a rough decade for commodities... but there may be light at the end of the tunnel.
As you...
Stock Market Today (July 9): Commodities Remain Strong
The broader market remains strong (bullish), with commodities joining the party.
Precious metals (gold / silver) are leading commodities with energy firming up. In today's...
Market Update: Retail Stocks Are Hanging Tough
The malls were high risk before COVID-19, given the number of bankruptcies of chain stores such as Pier One and Toy R Us.Â
Online shopping...
Stock Market Today (July 8): Overbought But Resilient
Stocks sold off throughout the day Tuesday after opening higher. But that doesn't seem to be carrying over to Wednesday morning as futures are...
Stock Market Outlook: Equity Bulls Ride Leaders Higher
After a 5-day win streak, the S&P 500 Index fell by 1.08% Tuesday, but it maintains its strongly bullish intermediate posture according to the...
Natural Gas “Island” Bottom, Momentum and Buffett’s Buy
It's rare to see an island bottom.
However, the one in UNG or the ETF for natural gas had a classic one.
After making new all-time...
US Equity Markets Outlook: Bulls Remain In Charge
Last week, both the S&P 500 and Nasdaq Composite had a strong rally off support.
This week, the Nasdaq is finally approaching into the upper...