Dow Industrials “Megaphone” Pattern Leads To Major Test!
Back in November, I shared a long-term historical chart of the Dow Jones Industrial Average and pointed out a megaphone pattern breakout that looked...
Walmart Stock (WMT) Declines Toward $90 Price Target
Walmart's online sales growth appears to be slipping and that has been a catalyst in sending the stock price lower.
But as I often say,...
Natural Gas Hits Lowest Level Since 2016 as Mild Weather Persists
The March 2018 NYMEX natural gas contract fell $0.022 to close at $2.558/MMBtu on Friday last week.
The March contract for Natural Gas ended the...
Did SNAP Finally Snap Out Of It?
I never thought I would be interested in buying SNAP Inc. (SNAP), the maker of Snapchat. But here we are.
As an active investor, I...
Are Tech Bulls Still In Charge? Watch These Levels!
The Nasdaq 100 has seen some price volatility in February but the large cap tech index is still in position to move higher...
If a...
COT Report: Gold Bugs Have Golden Opportunity
The following chart and data highlight non-commercial commodity futures trading positions as of February 13, 2017.
This data was released with the February 16 COT...
S&P 500 Futures Trading Outlook: 2700 Level Looms Large
Broad Stock Market Outlook for February 16, 2018
Buyers remain in control after making a higher low on yesterday's dip. That dip saw S&P 500 futures...
Opportunity Knocks… Will Gold Bulls Answer?
Gold investors have enjoyed a strong start to 2018.
After a brief pullback into early February, the shiny metal has charged higher once more.
The question...
Cisco Posts Strong Earnings, Stock Set To Rise In 1H 2018
Cisco (CSCO) rose as high as $45.43 in pre-market trading, an increase of 7.9%. The company reported earnings per share of $0.63 and total...
S&P 500 Technical Update and Short-Term Price Targets
With the quick rebound, I want to show where some of the potential stopping points are on the S&P 500 Index.
I would say there...
