Stocks & ETFs

Chart Spotlight: European Financial Stocks Are Stumbling

The European financial sector is an important cog in the European economy and its stock market indices. Which is why investors want to tune in to this sector/region right now. Moreover, European bank stocks and the broader financial sector are nearing an important juncture in time and price. Looking at…

Caveat Emptor: Nvidia’s (NVDA) Stock Price Has Gone Parabolic

The last time Nvidia (NASDAQ:NVDA) came onto my radar was in 2016, when I highlighted a potential area for a correction. That level held Nvidia (NVDA) at bay for several months, but… It eventually exploded through that level and has since gone parabolic. Yes folks, Nvidia’s stock price is parabolic….

S&P 500 Index: My Approach To Short-Term Market Concerns

I often talk about the importance of following your process (and the trend) with investing. It’s also important to understand how markets can come undone (i.e. when to see the flashing yellow light). Though the broader trend is still higher, we’ve seen some short-term concerns emerge. So how do we…

Will Ailing Miners Lead Silver Prices Lower?

At the end of August, I wrote pointed out that Silver futures prices were not keeping pace with Gold.  I posited that the “gold breakout” that precious metal bulls were losing their heads about might not be ready for primetime. You can read that post here.  I was a week and…

S&P 500 Futures Trading Outlook For November 14

Stock Market Considerations For November 14, 2017 The S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) are trading lower on Tuesday morning. Bulls bought the dip yesterday but they will now be forced to defend support levels once more. My futures trading levels and market commentary can be found below. Check out…

This Indicator Could Trigger A 20% Stock Market Correction

For the past several weeks, I have been honing in on an important stock market ratio / indicator. This indicator is the ratio performance of the Consumer Staples (NYSEARCA:XLP) to the NYSE Composite Index (INDEXNYSEGIS:NYA). I’ve covered this ratio and its importance as a stock market indicator several times before….

Copper ETF (JJC) Poised For A Steep Price Correction

The strength of the Copper rally during the past 13 months has convinced us to move the bigger-picture bullish count to the forefront. Even so, Elliott wave considerations and calculated price resistance suggest a sizable downward correction is due for Copper and the Copper ETF (NYSEARCA:JJC). In autumn 2016 copper…

S&P 500 Trading Update: This Market ‘Bears’ Watching

S&P 500 Trading Outlook (2-3 Days):  BEARISH The S&P 500 (INDEXSP:.INX) declined sharply yesterday but managed to hold right where it needed to. It literally came within 1 point of 2562 on the Futures market before rallying back to the upside.  I’ve been highlighting the importance of 2562 all week. Any rally…

I See London, I See France, Viva La Stock Market Resistance?

Two international stock markets that have interesting charts right now are London’s FTSE 100 Index (INDEXFTSE:UKX) and France’s CAC40 Index (INDEXEURO:PX1). Both have been in rally-mode this year… but both European stock market indices are reaching important price levels. Looking at the charts below, you can see that both markets…