Stocks & ETFs

S&P 500 Futures Trading Outlook For March 17

Stock Market futures Considerations For March 17, 2017 I am looking at 5440.75 on Nasdaq futures being a temporary high for now as we consolidate at higher lows.  The move that spiked gold with the charts may have been a stop running move as volume there was a bit lower,…

Post-Fed Day Market Update: Stocks & Bonds Holding Support

I do not like to get too excited on FED days when the stock market rallies. These Federal Reserve inspired rallies have a way of reversing themselves. We will see if this move brings something different. The below chart is a 2 hour of the S&P 500 (INDEXSP:.INX) with the…

Russell 2000: False Breakout May Spell Trouble For Small Caps

Timing the market isn’t always easy. That’s why at Market Inflections we use sophisticated Market Timing Software to try to determine when trends are about to begin and end. In December 2016, this software generated a top signal on the Russell 2000 Futures Contract (pink bar in the chart below)…

S&P 500 Futures Trading Outlook For March 14

S&P 500 (INDEXSP:.INX) Trading Considerations For March 14, 2017 The charts are showing tightened ranges heading into the Federal Reserve meeting and interest rate decision tomorrow. See today’s economic calendar with a rundown of releases. S&P 500 Futures Price support and resistance remain similar to yesterday. Use caution buying the breakouts or selling breakdowns. Use the retest to…

Gold Trading Update: Eyeing Bonds & The U.S. Dollar

The trading setup for gold is very interesting here. At this point, there are a lot of “ifs” for this trade working out. The COT data for gold is only slightly bullish. Yet intermarket analysis looks promising:  If yields are topping here (bond prices bottoming), and the US dollar rolls over…

Stock Market Futures Weekly Trend Outlook – March 13

THE BIG PICTURE  Pullback Indeed! Many have been hoping for a pullback for weeks, and week 10 delivered as stated in last week’s outlook, “key events on the horizon may be just the catalyst we need to pull back and correct the market to its nearest open gaps.” Open gaps may not be…

Lumentum Stock (LITE): Playing The Pullback With Options

Michael Lamothe from Chart Your Trade recently posted a chart that caught my eye. The stock is Lumentum Holdings (NASDAQ:LITE) and to be honest, I’ve never looked at it before. But the chart really grabbed my attention. I’ll preface this by saying that I haven’t followed the company, so I…

S&P 500 Records 3rd Most Overbought Reading In 10 Years

Since double bottoming 14 months ago, S&P 500 (INDEXSP:.INX) has been on a persistent path higher. This rally has the pushed the large cap index into overbought territory on multiple time frames. Today we’ll focus on a longer-term “monthly” chart of S&P 500 Futures to highlight how overbought this move…

S&P 500 Futures Trading Outlook For March 7

S&P 500 Futures Considerations For March 7, 2017 We’ve traded in a tight range for a couple of days and we are due for a little bounce as momentum builds. Jobs numbers are due at the end of the week. Buying pressure will likely strengthen above a positive retest of 2385.5, while…