Are The Dow Transports Forming Head and Shoulders Top?
One of the key cogs in the economy is the transportation industry. Trains, Planes, and automobile, etc...
So it's easy to see why the Dow...
Stock Market Today: Jobs Report Brings Retest of Highs
Stocks are looking up as they digest the Friday Jobs Report.
The S&P 500 has held 2900 price support and looks poised to retest Wednesday's...
Investors Party Like It’s 1999: Stock Market Top or Breakout?
After enduring a deep stock market correction in late 2018, investors quickly bought up stocks. And the bull market resumed.
It's been a decade since...
Stock Market Today: Reversal Sparks Near-Term Concerns
Stocks slid yesterday afternoon following the Federal Reserve's statement on interest rates and the economy.
There really wasn't much to read into as it was...
Stock Market Reversal Triggers Rare Point & Figure Buy Signal
RAPID REVERSAL HAS ONLY OCCURRED THREE OTHER TIMES SINCE 1987
A rare shift recently took place in the NYSE Bullish Percent Index. According to stockcharts.com:
The Bullish...
Crude Oil Rally Stalling? Stock Market Bulls Hope Not
The 4 month rally has been broad based, with other risk-on assets like crude oil rallying in stride.
This isn't a surprise, as crude oil...
Stock Market Outlook: Apple (AAPL) Keeps Tech Bulls Running
The S&P 500 finished higher by 0.10% on Tuesday while establishing a new all-time closing high.
All major U.S. stock market indices have strongly bullish...
S&P 500 Staring 2950 In The Eye: What’s Next for Stocks?
S&P 500 Trading Outlook (3-5 Days): Bullish
I am bullish on stocks barring a close under 2877. My near-term upside target is 2950. However, a move above...
Stock Market Volatility (VIX) Percolating, Timing Tied to Russell 2000
As of last Thursday, with 53.1 percent of S&P 500 companies having reported, blended 1Q19 operating earnings estimates were $37.23, up from $36.69 two...
Stock Market Today: Trends, Indicators, and the Week Ahead
Stocks will look to build on last week's all-time closing highs for the S&P 500 and Nasdaq.
The stock market looks a little tired here...