Major Indices

S&P 500 Trading Outlook: Equities Rally Extended

S&P 500 Trading Outlook (2-3 Days):  BULLISH Yesterday’s recovery of last week’s decline suggests an upcoming push back to new highs is likely for equities. This in turn would make the first five days of January positive for the stock market. Market breadth was meager, at less than 2/1 positive overall….

2018 Stock Market Cycles Outlook: New Highs… After A Dip

The stock market closed a positive chapter last week as 2017 saw the S&P 500 return 20 percent. What will 2018 bring? Let’s discuss what’s happening now and what our 2018 stock market cycle looks like… S&P 500 Summary & Cycle Outlook: The S&P 500 closed higher in four out…

Will 2000 Tech Bubble Highs Slow This Popular ETF (XLK)?

Nearly 20 years ago, the Nasdaq tech fervor was sowing the seeds of the “tech bubble” as tech stocks rocketed higher to crazy valuations. This lead to the 2000 stock market top, one that will go down in stock market history (along with the Nasdaq’s prolific crash). As many analysts…

U.S. Equities Technical Outlook: Big Round Numbers

The S&P 500 is once again bumping its head against another round number, as 2,700 has come into focus. Interestingly, a couple of other stock market major indices are close to dealing with bigger round numbers too, with the Dow Jones Industrial Average nearing the 25,000 level and the NASDAQ…

Stock Market Futures Trading Update & Outlook – December 27

S&P 500 trading considerations for December 27, 2017 Stocks are trading sideways in early morning action across the major stock market futures indices. The holidays have brought quiet trading but our trading process hasn’t changed. See key futures trading levels and commentary below for the S&P 500, Nasdaq, and crude…

Stock Market Trends Review & Outlook – Week 52

THE BIG PICTURE The major stock market indexes continue to hover near all-time highs and remain in up-trends. Market strength has persisted for much longer than most traders anticipated. This is why traders need to follow the price action (and indicators) and steer clear of the noise. When the market…

Futures Trading Update: S&P 500 Eyes Key Level, Oil Rests

Stock Market Futures Considerations For December 21, 2017 The S&P 500 (NYSEARCA:SPY) is recovering some of yesterday’s losses with a morning rally to start the day. 2700 is the big round number to watch again today – definitely some psychological trading resistance there. Once again we’ll watch how price reacts…

Stock Market Trends Review & Outlook – Week 51

THE BIG PICTURE The major stock market indexes continue to rally higher and remain in strong up-trends. Market strength is persisting for much longer than most traders have anticipated. It is for this reason that traders need to follow the price action (and indicators) and steer clear of the noise….