What is the Stock Market Trend to Follow?
Tomorrow is a half day for the U.S. stock market, followed by a day off on Thursday for the July 4th holiday.
Friday should be...
This Stock Market Chart Looks Nothing Like the Peaks In 2000 and 2007
Last week’s post looked at a weekly volume-based breadth indicator.
With June in the history books, it is a good time to review the message...
Stock Market Today: Catching A Holiday High
The stock market gapped higher yesterday before fading a bit throughout the day.
But the action was bullish as the S&P 500 (NYSEARCA: SPY) made...
Stock Market Today: Drinking From The G20 Punch Bowl
News of restarted trade talks between China and the United States sent investors into a tizzy.
And stock market futures trading higher. The S&P 500...
Russell 2000’s Bullish Price Action Forecasts More Upside For Stocks
The S&P 500 Index (INDEXSP: .INX) fell 8 points to 2942 last week, a decline of 0.3%.
At the same time, the Russell 2000 (INDEXRUSSELL:...
Is The Stock Market Ready For A Major Breakout?
The month of June was a good one for stock market bulls.
Several records were set as market participants regained their mojo.
As we get ready...
Russell 2000 Reversal Bullish For Stock Market
The Russell 2000 Index (INDEXRUSSELL: RUT) turned up nicely last week.
This strong reversal triggered an ellipse turning point indicator (bullish).
This price action is similar...
2019 Investing Outlook (Updated): Evidence Has Improved But Risks Remain
Financial Markets Highlights:
Central Bank Easing Supports StocksEconomic Uncertainty Could Weigh On ConfidenceEarnings Estimates Moving LowerHousehold Equity Exposure Remains ElevatedNoise Disrupting Seasonal PatternsS&P 500 Index...
Weekly Forecast: Is the Long Term Bull Market Still In Tact?
The S&P 500 (NYSEARCA: SPY) closed the week with a bounce off Fibonacci support at its 38% Fibonacci Fan and 23% Fibonacci retracement levels.
The...
S&P 500 Index Trading Outlook: Eyes On 2939
S&P 500 Index (INDEXSP: .INX) Trading Outlook (3-5 Days): Bearish, but over 2939 would turn trends back to bullish on a close.
Yesterday's rally attempt...