S&P 500 Futures Update (May 11): Into Price Congestion
Broad Stock Market Futures Outlook for May 11, 2018
Though I have seen upward motion continue past 7 days, it is not the rule of...
Semiconductors ETF (SOXL): Upside “Pivot” Targets
After leading the market in 2017, the semiconductors have been volatile in 2018.
The Semiconductors leveraged ETF (SOXL) has rallied with strength the past week....
S&P 500 Trading Outlook: Bulls Testing Key 2720 Level
S&P 500 futures have extended over 2700, targeting the first meaningful price level near 2718/2720.
This equates to the slope of the line from the January...
Rangold (GOLD) Sells Off On Earnings: A Golden Opportunity?
Randgold Resources (GOLD) traded 7% lower on Thursday morning, after reporting earnings that missed Wall Street estimates.
The company reported earnings per share of $0.60...
Crude Oil Update: Bullish Posture Has Room To Mid-$70’s
Quick update on West Texas Crude Oil (WTI). Â Not much change to my view here.
Crude Oil is currently sitting around $70/barrel after breaking out...
Trip Advisor (TRIP) Jumps On Earnings, Look for More Upside
TripAdvisor (TRIP) traded 22% higher on Wednesday morning, after reporting earnings that beat Wall Street consensus.
The company reported earnings per share of $0.30 and...
U.S. Dollar Trying to Flex It’s Muscle vs. the Euro
After a couple years of gloom, the U.S. Dollar is setting up for a nice rally.
And this could spell trouble for the Euro.
The buck...
US Dollar ETF (UUP) Should Find Sellers At $25 Yearly Pivot
The US Dollar is bouncing higher and showing some relative strength lately.
How far will the rally carry the Dollar?
In the chart below, I highlight...
VSH Rallies On Earnings, But Market Cycle Points To Better Entry
Chipmaker Vishay Intertechnology (VSH) traded 8% higher on Tuesday morning, after reporting earnings that beat Wall Street expectations.
The company reported earnings per share of...
S&P 500 Futures Update: Bulls and Bears Collide
Broad Stock Market Futures Outlook for May 8, 2018
Charts currently hold sideways action as decisions remain unresolved for continuation.
Caution here as both sides of the...
