This Isn’t The Stock Market You Imagined: Welcome To 2016
As they say, history often rhymes... But it rarely repeats. Or at least in the way that we imagine.
That's not to say that looking...
S&P 500 Futures Clinging To Key Support; Battle Lines Drawn
Yesterday was an aggressive day of range-bound trading that left traders battling at lines of major congestion between 1902 – 1907 on S&P 500 futures.
With...
Euro Currency Breakout Has Major Implications For Markets
For much of the past several months, the Euro has been trading in the gutter. It was written off for dead and King Dollar...
Russell 2000 ETF (IWM) Should Resume Decline Soon
As the stock indices have become more volatile in recent weeks, we have been updating our charts and targets. This post offers a quick...
Crude Oil Futures Rally After Rout; S&P 500 Futures Struggle
Steep reversals yesterday and a test of lower support levels on the S&P 500 futures charts leave stocks somewhat vulnerable to selling this morning....
What January Says About Stock Market Returns In 2016
The S&P 500 declined -5.07% for the month of January, the 8th worst performing January since 1950. The index gapped down to open the...
Stock Market Futures Decline Into Key Price Support
Choppy trading in stock market futures marked Monday’s moves – with charts resting above resistance only to fade quickly overnight. News out of Europe and...
Futures Market Outlook: Will Price Action Confirm The Rally?
The Index Futures Market - Big Picture
I always find it helpful to go back to the prior trading week and review the setups and what...
Biotech Sector ETF (XBI) Approaching Price Area For A Rally
In October, we wrote that the S&P Biotech Sector ETF (symbol XBI) might become a good value buy some months in the future. After...
This Week’s Stock Market Outlook: Is A Bear Rally Underway?
Talk about a roller coaster ride for investors. This past week was nothing short of exasperating for the masses. The S&P 500 fell 1.6%...