Schlumberger’s Stock Rises After Earnings as Cycles Point Higher
Schlumberger (NYSE: SLB) soared 6% higher on Friday morning, after posting in line earnings and revenue that beat Wall Street expectations. Our analysis is that...
Watch Rally Leadership for Evidence of Persistent Market Strength
Key Takeaways: Stocks rallying into resistance with longer-term trends still challenging. Breadth has not moved into a leadership position, and the message from cyclical leaders...
Stock Market Today: Grinding Higher Into 3-Day Weekend
The market is grinding higher and may be awaiting a "sell the news" event for a pullback. Traders are waiting for news of a US-China...
British Pound Bouncing But Elliott Wave Points To New Lows
The British Pound has fell nicely away from the resistance level we charted here seven months ago. Now that we are starting to see a...
S&P 500 Rally Stalling But Pullback Should Be Buyable
S&P 500 Trading Outlook (2-3 Days): Mildly bullish up to 2630-40. I'm expecting a reversal between Wednesday and Friday. Early strength on Wednesday may offer an opportunity...
United Airlines Flies On Earnings, Stock Has Room To Run
United Airlines (NYSE: UAL) soared on Wednesday morning, trading 7% higher after the company beat Wall Street expectations. Based on its positive market cycles, we...
iShares Italy ETF (EWI) Completes Elliott Wave Lower
This is a quick update for readers who have been following our analysis of the iShares MSCI Italy ETF (NYSEARCA: EWI). The initial downward thrust...
Mid-Week Stock Market Outlook: Trading Timeframes Matter
The S&P 500 (SPY) rose 1.07% today and retains its strongly bullish intermediate posture according to the Market Forecast indicator All four major U.S. stock...
Netflix (NFLX) Streams Higher on Earnings, But Cycles Suggest Pullback
Netflix stock price soared on Tuesday morning, trading 6% higher after the media company raised the price of its services. However, market cycles for Netflix...
The “Average Stock” is Facing a Big Test Here!
The Value Line Geometric Index tends to give investors a good idea of the health of the overall market. It is an equal-weighted index with...
