Tesla Spotlight: Are Lower Gas Prices Hitting Electric Car Sales?
In December, we noted how Tesla Motors (NASDAQ:TSLA) hit an all-time high as gasoline prices broke $2.50 support during the summer of 2014.
You can see that...
S&P 500 Futures Outlook: Whipsaws Create Uncertainty For Traders
S&P 500 Futures Outlook for July 6, 2016 – Overnight trading on the S&P 500 futures gives us the range to watch today with...
Gold Prices Follow Treasuries Higher; Near 3 Year Highs
Gold prices have surged higher in recent weeks pushing the 2016 gold rally toward 3 year highs. Although the weekly SPDR Gold Shares (NYSE:GLD)...
5 Breakout Stocks For Trend Traders (RMD, BSX, KHC, DPS, LMT)
Last week saw an impressive turnaround on the S&P 500 Index (INDEXSP:.INX). After a steep decline, the index rallied over 4% from Monday’s lows...
London FTSE Stock Market Breakout? Watch This Setup!
There's been a lot of chatter about the UK vote to leave the EU (Brexit). Most of the talk last week was negative as...
Banking Index (BKX) Bounces Off Critical Support Level
Considering the BREXIT noise and subsequent chatter about the banks and banking index, I thought we should take some time on the subject. What...
Putting The BREXIT-Fueled Move In Perspective
When the votes were tallied and the surprise outcome became apparent last week, equity indexes around the world began to fall precipitously (along with...
Global Divergence Warned Of Pullback In U.S. Bank Stocks
In May, Arun Chopra, CFA, CMT and I noted the following market divergence between U.S. bank stocks (XLF)Â and Deutsche Bank (DB).
We were concerned that...
Stock Market Futures Trading Outlook For June 28
Stock Market Futures Trading Outlook for June 28, 2016 – S&P 500 futures are in the process of bouncing off extended support regions and are...
3 Reasons Why This Stock Market Pullback Is Bullish
The 3 highlighted paragraphs below were sent out to subscribers right after the market close on Thursday. Little did I know just how powerful...