Stocks & ETFs

Japanese Yen Looks Ready To Rally

Last June, we presented a chart here at See It Market showing the decline we anticipated in the Japanese Yen, by way of a related ETF (NYSEARCA:FXY). We were expecting the Yen (CURRENCY:JPY) to test near an area of prior support as the middle wave of a sideways/upward correction. Now there…

Trading Update: Market Insights & 6 Stocks I Own

As mentioned in my last two posts, I am long several stocks with 50% allocations for each as of today. Those stocks are Merck (NYSE:MRK), Halliburton (NYSE:HAL), 20+ Year Treasury Bond ETF (NASDAQ:TLT), Baxter International (NYSE:BAX), Abbott Labs (NYSE:ABT) and JetBlue Airways (NASDAQ:JBLU). On Jan 30th I had been long Freeport…

Inside The Markets: 5 Charts For Active Investors (February 22)

It’s time for another round of macro technical charts as investors attempt to weigh the risk to reward ratio across several markets (including stock market indices, sectors, individual commodities, currencies, bonds, and other benchmarks and market indicators). This chart review will look at 5 charts with important technical price developments.  Even if you’re not…

Stock Market Futures Trading Outlook For February 22

S&P 500 (INDEXSP:.INX) Considerations For February 22, 2017 Bullish action still holds with higher support today. We tested a new high and pulled back a bit, but charts hold steady.  Caution with breakouts are still advised and looking to support zones to initiate longs remains the best bet for risk averse trading. Buying pressure will…

Crude Oil Price Compression: A Big Move Is Coming

We have an oil market in indecision. Indecision = compression. Crude oil price compression is building energy for a big move. There a variety of influences at play in the crude oil market: (i) with Permian-mania as a new swing producer (quick production switch back on and total production costs…

Stock Market Futures Trading Outlook For February 21

S&P 500 Futures Market Considerations For February 21, 2017 ES_F– Bullish action still holds with higher support levels building today.  We have been trapped in a channel after reaching a new high in the Globex event (holiday yesterday).  Pullbacks on the S&P 500 (INDEXSP:.INX) will still be bought. Although the chart is not…

Gold Chart Update: Bulls Look To Power Through Resistance

After a second wave higher in the 2017 rally, gold prices spent much of last week trading in consolidation mode. Although the backdrop is bullish, the shiny metal nears key price resistance. Gold Price Resistance The SPDR Gold Shares (NYSEARCA:GLD) is sitting just under minor chart resistance near 118. And just…

Biotech ETF (XBI) On The Brink Of A Breakout

The volatility in the biotech space over the last two years has been quite a sight to behold. I’m not strictly speaking of volatility in terms of downside either. There has been money to be made on both sides of the market for those that have been nimble in their…

Global Markets Update: 5 Charts To Watch Now (February 15)

It’s time for another round of macro technical charts as investors attempt to weigh the risk to reward ratio in several markets (including stock market indices, sectors, individual commodities, currencies, bonds, and other benchmarks and market indicators). This chart review will look at 5 charts with key technical price developments.  Even if…