COT Report: GOLD Spec Longs Fall to Lowest Level in 10 Months
The following chart and data highlight non-commercial commodity futures trading positions as of May 22, 2018.
This data was released with the May 25 COT...
The Euro (EURUSD) Is Nearing Important Yearly Pivot Support
The slide in the Euro currency (EURUSD) may be coming to an end.
That's because the EURUSD is nearing important yearly pivot support.
Expect strong support...
The Gap (GPS) Falls On Earnings: Where’s The Bottom?
The Gap (GPS) traded 12% lower on Friday morning, after reporting earnings that missed Wall Street expectations.
The company reported earnings per share of $0.42...
Crude Oil Due For A Pullback? Watch Those Yearly Pivots!
Crude oil is pulling back a bit after testing the Yearly R2 resistance Pivot Point.
WTI Crude Oil loves the Yearly Pivots!
In 2016, the Yearly...
Petrobras Stock Falls After Slashing Fuel Prices: More Downside Ahead?
Brazilian state-led oil company Petróleo Brasileiro traded 13% lower on Thursday morning, after the company temporarily lowered diesel prices by 10% late on Wednesday.
Petrobras...
US Dollar Correction Over? Big Test Underway!
The U.S. Dollar Index has been mired in a correction for several months.
During that time, stocks, gold, and oil exploded higher in 2017 and...
S&P 500 Futures Trading Update: Watch Your Levels!
Broad Stock Market Futures Outlook for May 24, 2018
As volume drifts lower, buyers defended the tests of support in our range defined across the futures...
Dow Jones Home Construction Index: Trouble Is Brewing
After topping in January 2018, the stock market has become a bumpy ride.
We endured a correction on most major stock indexes and are now...
Tiffany & Co Blazes 16% Higher On Earnings: Will It Fizzle?
Tiffany & Company (TIF) traded 16% higher on Wednesday morning, after reporting earnings that beat Wall Street estimates.
The company reported earnings per share of...
Russell 2000: Bulls Charging Toward Next Elliott Wave Targets
We wrote at the end of March that we believed the correction in equities was almost over and that the Russell 2000 Index in...