First Solar Upgraded by Goldman Sachs, Stock Pops Into Resistance
Shares of First Solar (FSLR) rose after Goldman Sachs upgraded the stock to a conviction buy. Â
Our view is that FSLR has reached a resistance...
Two Global Stock Indexes on the Verge of Breaking Out
The steep correction in the U.S. stock market reverberating around the world, as several stock market indexes fell in unison.
Some markets corrected more than...
Stock Market Today: Small Caps Showing Strength
The major stock indices have taken turns leading and lagging this week.
Tech and small cap stocks lead on Wednesday, while Industrials lagged. Today we...
S&P 500 Trading Outlook: Bearish, But Look For Buying Opportunities
S&P 500 Index Trading Outlook (3-5 Days): Bearish
Reversal happened on cue- Stocks likely begin 3-5 day pullback. Maximum weakness down to 2785-2800 in all likelihood.
S&P...
Here’s Why Investors Shouldn’t Be Surprised by NYSE’s Climb in 2019
Some readers were skeptical when we suggested in December and again in early January that stock indices might need to make another high this...
Are Financial Stocks Pointing to a Continuation of the Bull Market?
TRYING TO MAKE A RELATIVE TURN
The chart below shows the performance of financial stocks (XLF) relative to the S&P 500 (SPY).
Since making a...
Mid-Week Stock Market Outlook: Pullback Within An Up-Trend
The S&P 500 (SPY) finished lower by 0.61% and continues to have a strongly bullish intermediate posture according to the Market Forecast indicator.
All major...
Stock Market Today: Can Bulls Hold Recent Gains?
U.S. equities battled back from early losses Monday to close mixed on the session.
The 4 major stock market indexes ended slightly up or...
After a Long Winter Rally, Hammy the Pig Gets His Spring Bath
How many can say they have been kissed by a pig?
Hammy and I started our love affair in February when he became our mascot...
U.S. Corn Futures Market Outlook: China-US Trade Talks In Focus
Corn futures closed up 6 cents last week, finishing at 3.63 on Friday.
What is causing the depressed prices in corn futures and will it...
