Volatility Index (VXX) Inverted Hammer Doji a Warning to Market Bulls
An inverted hammer doji is created when the open, low and close are all around the same price.
Often, this candlestick pattern signals the end...
Nasdaq Likely to Pull S&P 500 Index to New Highs
S&P 500 Index Trading Outlook (3-5 Days): Bullish
Prices moved back above last Friday's highs which is bullish.
While the S&P 500 Index is now overbought on...
Alphabet (GOOGL) Earnings Selloff: Is This A Buying Opportunity?
Alphabet (GOOGL) Weekly Chart Grid
Alphabet (GOOGL) reported earnings after-hours on Monday, bringing a big selloff in the stock price.
The company reported EPS of $15.35,...
Stock Market Today: Resilient Bulls Spark Rally
The resilience of U.S. equities continues as a major themes in the financial markets.
Stock market futures are heading higher again in early morning...
Baidu (BIDU) Rallies on News of Chinese Stimulus But Cycles Warn Investors
Baidu's stock price is moving higher on news out of China. Will Baidu's stock (BIDU) continue higher? Or should active investors be cautious...
A Long View of the Stock Market (Protective Gear Required)
Often, it pays to sit atop the fray and take the long view.
Even if it means doing so with protective and reflective gear on.
We...
Global Equity Markets Update: Weakness Presents Buying Opportunity
The recent weakness in just about all global equity markets is due to news of the coronavirus outbreak.
I believe this selling will provide a buying...
U.S. Equities Update: Coronavirus news, Stock Valuations Bring Pause
The S&P 500 Index and the Dow Jones Industrials Average relinquished all the January gains last week as concerns escalated regarding the impact of...
Bitcoin Setting Up for a Breakout In Early 2020
One market that triggered a technical buy signal for us over the last week is Bitcoin $BTCUSD and the ETF OTC:GBTC.
From a technical perspective,...
Stock Market Today: Indicators, News, and Themes to Watch
The continued news flow regarding the Coronavirus and political theater around the world were catalysts for a selloff that pushed the S&P 500 Index...
