Brazil ETF (EWZ) Breaks Out as Relative Strength Wins the Day
There aren’t a ton of global stock markets trading well technically, but Brazil (NYSEARCA: EWZ) has a chance to be a leader.
I've had my...
Gauging the Stock Market Correction With the Russell 2000
As we turn the page to a new month (January) and a new year (2019), we are tasked with assessing the damage from the...
Louisiana Pacific (LPX) Downgraded, Stock Cycles Point Lower
Louisiana-Pacific Corporation (NYSE: LPX) tanked on Wednesday morning, trading 6 percent lower.
The decline comes in large part due to a Merrill Lynch downgrade of...
S&P 500 Futures Trading Outlook for January 2, 2019
The stock market is still jittery as the oversold rally slows (and oversold indicators are worked off into the new year).
As well, several traders...
S&P 500 Trading Outlook: Does This Rally Have Any Oomph?
S&P 500 Trading Outlook (3 Days):Â Â No change. I'm bullish the S&P 500 (NYSEARCA: SPY) for the first few days of this week.
December has been...
Abercrombie & Fitch Stock (ANF): Pop and Drop In 1Q 2019?
Abercrombie & Fitch (NYSE: ANF) rose on Friday morning, trading 2.5% higher after stock analyst Wedbush raised its price target for the clothing retailer.
Our...
S&P 500 Fibonacci Price Targets: Where Will The Correction End?
I would think the most asked questions by traders in 4Q18 is "Where is support?"
Using a 10 year chart of the S&P 500, I'm...
S&P 500 Trading Update: Rally On… But For How Long?
December has been depressing and nauseating for stock market bulls.
Though the correction / bear market has felt very controlled (with steady selling), it's also...
U.S. Equities Trading Outlook: Rally / Bounce Targets
S&P 500 Trading Outlook (3-5 Days):  Bullish into end of week with possible S&P 500 (NYSEARCA: SPY) targets at 2519-2523 and possibly 2548.
Look to buy...
Gold Bulls Get Two Thumbs Up If Dollar Weakness Continues
We've written quite a bit about the prospects for a Gold (NYSEARCA: GLD) rally in recent months.
The setups were there - and a rally...
