Triangle Pattern Tells Investors To Remain Cautious On Stocks
The good news is that price volatility on the S&P 500 has calmed down somewhat and that the index remains above the recent lows. The...
5 Sector Charts To Watch During The Market Correction
It's been a wild ride to end the summer months. In my June market update, I noted that the stock market was showing signs...
Two Stock Market Indicators That Highlight ‘Selling’ Environment
When looking at the market, moving averages are often used to help define trends and locate levels of possible support and resistance. Momentum indicators...
Market Risks Rise As NYSE Composite Breaks Support
The S&P 500 is now down around 7 percent on the year, while the NYSE Composite Index is down around 9 percent year-to-date. Is...
Are The Financial Markets Turning Into Mr. Toad’s Wild Ride?
Folks, if you're reading this blog it’s assumed you have some interest in the financial markets and, to a certain extent, the art of...
Macro Market Outlook: Crude Oil Jumps; Stocks Not Out Of Woods
No doubt, last Monday's open marked important lows across the globe. Maybe we won't see them for awhile. But downside momentum for stocks has...
S&P 500 Market Update: A Look At Key Fibonacci Levels
Well, it's finally Friday. What a week. The deep move lower for stocks on Monday and gyrations that followed will give traders plenty to...
Dow Jones Industrial Average Nearing Critical Resistance Level
Monday was pretty scary for traders. Whether that's just a trading bottom or a more meaningful bottom, no one knows just yet. But it...
Global Bull Markets At Crossroads: Testing Key Channel Supports
The majority of the worlds stocks markets have been in an uptrend the past few years. The global stock market sell off now has...
Why Market Volatility Will Be Around For A While
There is a lot going on in the land of market volatility. Readings are extreme. On Monday, the Volatility Index (VIX) surged to the...
