S&P 500 Futures Trading Update: Topping Formations?
Broad Stock Market Futures Outlook for July 17, 2018
Recent weakness on the S&P 500 (INDEXCBOE:.INX) will likely see tests of short-term trading support(s).
I am watching...
3 Charts That Say The SOX Semiconductor Index Is Topping
The Semiconductor Index (INDEXNASDAQ: SOX) looks like it's in trouble from a macro perspective.
Several techniques are pointing to a major SOX Semiconductor top...
Corn Futures Trading Outlook (July 16): All Eyes On Soybeans
September Corn Futures closed down 19 cents per bushel last week (week on week), finishing at #3.41.
Corn Bulls are feeling the heat here... time...
Breaking Down Banks Breaking Down
In a recent appearance on Bloomberg Television, I pointed out that the Financial stocks (NYSEARCA:XLF) have the most to prove leading into earnings season.
A...
COT Report: Gold Bulls Hanging On By A Trend Line
The chart and data that follow highlight non-commercial commodity futures trading positions as of July 10, 2018.
This data was released with the July 13...
Major Stock Market Top Forming? History Says Not So Fast!
As a technician/chartist, I always want to grab today’s price action and look/find matches to past price action. Fortunately, we know that most chart patterns...
Netflix Stock Falls After Analyst Casts Doubt On Upside
Netflix (NFLX) traded 4% lower on Friday morning, after Deutsche Bank warned it could miss Q2 subscriber growth expectations and UBS downgraded the stock....
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...
