S&P 500 ETF (SPY) Price Targets for a Late Summer Low
Here we revisit the SPDR S&P 500 ETF Trust NYSEARCA: SPY with some newly refined downward price targets.
We believe price might try to form...
U.S. Equities Forecast (3Q 2020): Second Half To Test Market Strength
Current List of Stock Market Highlights:
- Federal Reserve Pushing for Fiscal Stimulus
- Virus Spread Could Weigh on Economic Rejuvenation
- Corporate Earnings Weakness Stretches Valuations
-...
Stock Market Still Bullish, But Here’s 9 Concerns To Watch Next Week
Early weakness failed to hold by Thursday's close, though still another day of negative market breadth.
Until/unless this is recouped right away, it's proper to...
Stock Market Today: Nasdaq Reflects Tech Resiliency
The Nasdaq pushed to new highs as stocks fought back against early selling. Stock market futures point to a mixed to higher opening on...
Commodity Index Price Reversal Raises Hope for “Double Bottom”
Thomson Reuters Equal-Weighted Commodity Index Chart
It's been a rough decade for commodities... but there may be light at the end of the tunnel.
As you...
Tesla’s Stock Price Rockets Higher – How High Can It Go?
Since the beginning of 2020, the aggregate market cap of the twelve largest automakers is up 9.30% to $803 billion. Quite an increase considering...
Twitter Rallies on Rumors of a New Subscription Service – Cycles Bullish
On Wednesday morning Twitter released a new job posting for an internal team codenamed “Gryphon.”
In the job listing, the company noted that they were...
Stock Market Today (July 9): Commodities Remain Strong
The broader market remains strong (bullish), with commodities joining the party.
Precious metals (gold / silver) are leading commodities with energy firming up. In today's...
Market Update: Retail Stocks Are Hanging Tough
The malls were high risk before COVID-19, given the number of bankruptcies of chain stores such as Pier One and Toy R Us.
Online shopping...
Stock Market Today (July 8): Overbought But Resilient
Stocks sold off throughout the day Tuesday after opening higher. But that doesn't seem to be carrying over to Wednesday morning as futures are...
