U.S. Equities Trading Update: 3 Reasons To Be Optimistic
It's been a rough couple of weeks for stocks, seeing the S&P 500 (NYSEARCA:SPY) briefly break 2700 late last week.
And there is more weakness...
Nike Soars 12% But Stock Nearing Short-Term Resistance
Nike (NKE) traded 12% higher on Friday morning, after reporting earnings that beat Wall Street expectations. Year to date, NKE shares have increased nearly...
Is Gold Going To Break 16 Year Rising Trend Line?
Gold has been weak for the past several weeks.
So what gives?
Gold prices have been trading in a tightening wedge pattern (between its rising trend...
Walgreens Beats On Earnings But Soured By Amazon Acquisition
Walgreens Boots Alliance stock price (NYSE:WBA) traded -10% lower on Thursday morning, after Amazon announced that it had agreed to purchase online pharmacy PillPack.
After...
Crude Oil Prices Rally But Cycles Suggest Correction
Crude Oil futures and the US OIL ETF (NYSEARCA:USO) traded 3% higher to nearly $73 on Wednesday morning, after the US government continued its...
NYSE Composite Is Primed For A Tradable Rally
The broad NYSE Composite Index (NYSE Arca: NYA) has put in a series of higher lows since we last updated our bullish forecast in May.
Now...
2 Bullish Stocks: Twitter (TWTR) and Michael Kors (KORS)
Today I want to share 2 trading setups that I have my eye on.
The stocks are Twitter (NYSE:TWTR) and Michael Kors (KORS). Charts and...
S&P 500 Technical Update: 4 Reasons For Caution Into Month End
The S&P 500 (NYSEARCA:SPY) had been consolidating to form a bull flag at the 2780 zone... until additional trade war related news between the US...
Akamai (AKAM) Falls On Earnings: Buying Opportunity?
Akamai Technologies (AKAM) traded down -5% on Tuesday morning, after lowering its guidance for Q2 earnings.
The company changed its guidance for Q2 earnings per...
Are Consumer Staples and the Nasdaq Saying Risk-Off?
A couple weeks ago, I posted a couple charts using the relative strength of the consumer staples (NYSEARCA:XLP) versus the NASDAQ Composite (INDEXNASDAQ:.IXIC).
Those charts...
