Red Hat (RHT) Drops 12 Percent, Signaling Major Top
Red Hat (RHT) traded -12% lower on Friday morning, after beating Wall Street earnings estimates but missing on guidance.
The company reported earnings per...
S&P 500 Futures Trading Outlook For June 22
Broad Stock Market Futures Outlook for June 22, 2018 In a failure to hold support, traders took the primary trend (bullish) out of play until early...
Starbucks (SBUX) Stock Slides, As Cycle Turns Lower
Starbucks Corporation (SBUX) traded -8% lower on Wednesday morning, after announcing that it would close 150 US coffee shops in the 2019 fiscal year. That...
Is This Stock Market Dip Just A Bump In The Road?
I have been talking about the numerous areas of price resistance converging near 2,800 on the S&P 500. Well, that acted like a brick wall...
Gold Price (GLD) Nearing Important YP Pivot Support
After struggling at the yearly resistance pivot (R1) earlier this year, Gold turned lower. The price of Gold has since had a rough go of...
Boeing (BA) Falls On Trade Concerns, Cycles Turn Bearish
Boeing Company (BA) Stock Chart with Weekly Bars
As Boeing Dips on Trade Concerns, Market Cycles Suggest More Downside
Boeing (BA) traded 4% lower on...
Weekly Market Trends Update: Pause Possible, But Bull Alive
The stock market has stalled out and traded sideways for several days. Is it ready to turn lower, or simply consolidating? Today, we take a...
McKesson (MCK) Trading Setup: Bears Still In Control
McKesson Corp's (MCK) average trading price range is $2.45 per day. Since the middle of 2016, MCK has struggled relative to the entire market. Part of...
Brazilian Real Should Consolidate Before Declining Again
Following our article about Brazilian stocks posted a few days ago, we wanted to show a chart for the Brazilian currency – the Real. As with...
Interest Rates Rising At Fastest Clip In 20 Years!
With the Federal Reserve in interest rate "hike" mode, the market is on edge about the speed with which rates will rise. Rates have been...
