Are Commodities About To Follow The Japanese Yen Lower?
Over the past 9 years, the Japanese Yen (NYSEARCA:FXY) and Commodities have followed one another higher and lower.
The correlation can be found in the...
Broadcom Stock Falls on CA Acquisition But Cycles Point to a Bounce
Broadcom (NASDAQ:AVGO) traded -17% lower on Thursday morning, after announcing the acquisition of CA Technologies (CA) for for $18.9 billion in cash.
Broadcom announced...
Crude Oil Price Outlook: A Pop And Reverse?
Last month we posted an analysis of the United States Oil Fund (NYSEArca: USO) to show how the year-long rally in crude oil was probably...
S&P 500 Futures Outlook: Higher Lows Would Be Constructive
Broad Stock Market Futures Outlook for July 12, 2018
Stocks look to recover yesterday's losses this morning. The key will be successfully putting in a higher...
5 Stock Market Sectors With Emerging Weakness
As the S&P 500 trades into price resistance at 2,800, I want to take some time to highlight parts of the stock market which...
American Airlines Stock Falls On Guidance, Bottom Nearing?
American Airlines stock price (NYSE:AAL) traded -5% lower on Wednesday morning, after lowering guidance Q2 unit revenue.
American Airlines provided updated guidance for an industry...
Chipotle Stock Outlook (CMG): Market Cycles Say Buy This Dip
Chipotle Mexican Grill (NYSE:CMG) dropped 2% lower on Tuesday morning, after a Mizuho analyst downgraded the stock from neutral to underperform.
Having rallied 80%...
U.S. Equities Update: Rally Likely To Pause By Thursday
S&P 500 Trading Outlook (1-2 Days):Â Mildly bullish
Gains on the S&P 500 (NYSEARCA:SPY) will likely find strong resistance near the Mid-June, Mid-March highs around 2800-2805...
S&P 500 Technical Update: Bulls Eye 2800 Level
Stock Market Technical Comment
The stock market, as defined by the S&P 500 (NYSEARCA:SPY), remains in a large volatile, choppy mess.
HOWEVER, the latest decline into...
U.S. Economy Roars But Stocks To Be Choppy Into Late July
The latest stock market rally has the bulls feeling pretty good.
And although stocks could rally a bit higher, they are likely to turn lower...