Stocks & ETFs

Global Equities Trading Update: 3 Charts I’m Watching

Here’s a brief update on global equities for today.  But first, let’s review today’s economic data. Jobless Claims came in largely inline at 247k vs 245k, with continuing claims at 1945 vs 1950. PPI Ex Food and Energy is 1.9% vs 2% year over year. Layoffs in Autos are not…

Hasbro $HAS vs Mattel $MAT: The Art Of A 119% Hedge

The average annual return of the S&P 500 over the past 100 years has only returned an approximated 7%. According to published resources, 85% of mutual funds portfolio managers do not beat the S&P 500. The average professional experienced trader (non hedge fund) typically earns less than 7% for their…

S&P 500 Futures Trading Outlook For July 12

Stock Market Futures Considerations For July 12, 2017 The broader market is perking up this morning and looking to push past resistance. The S&P 500 (INDEXSP:.INX) is looking to breakout over 2432. Charts with key futures trading levels for S&P 500, Nasdaq, and Crude oil are below. Check out today’s economic…

Double Breakout Here Would Be Good News For Bulls

Over the past several weeks, select cyclical sectors have started to perk up.  From Industrials to Transports to Financials to Materials, all have seen strength. This is good news for investors, as this could signal a fresh leg higher for stocks. Today, I’d like to zoom in on the Financials…

Natural Gas ETF (UNG) Looks Ready For Summer Rally

We are watching natural gas prices very closely right now. The technical picture makes a strong case to expect a reversal and summer rally soon. Here we use the chart of United States Natural Gas Fund (NYSEARCA:UNG) to show the two competing scenarios we’re monitoring. As of this writing, price…

U.S. Treasury Bonds Update: Looking For A Rally To Short

Today, I’m going to take an extended look at treasuries, as I think we are getting closer to another major turn to the downside. I’ll primarily focus on the 20+ Year Treasury Bond ETF (NASDAQ:TLT), but will also reference the 10-Year Treasury Bond Yield (INDEXCBOE:TNX).  See charts below for reference….

Tesla Stock (TSLA) Update: Can Bulls Keep The Uptrend Alive?

Editor’s note:  There is a typo in the 2nd paragraph:  July 23 should read June 23. Shares of Tesla (NASDAQ:TSLA) have been screaming higher in 2017.  But a recent 2-week swoon has Tesla stock bulls suddenly on their heels. On July 23, Tesla (TSLA) hit an all-time high of 386.99….