Stock Market Today: S&P 500 Hits Key Resistance
Stocks are pointing lower on Monday to start the week. This comes after another week of strong gains.
In today's video, we discuss the prospects...
Is The S&P 500 Index Setting Up For A Peak?
S&P 500 Trading Outlook (3-5 Days): Turning Bearish
Expecting a peak on Friday or Monday. Wave structure allows for a max of 2955 on the S&P...
Stock Market Today: Bulls Charge Ahead
Stocks are heading higher again on Friday as investors seem to shrug off unemployment numbers and look forward to the potential recovery with states...
Gold Price Reversal Looks Poised For New Highs
Gold Futures Trading Chart - Bullish Setup
The pullback in the price of gold appears to be quite orderly.
In fact, I believe that gold is...
Chart of the Week: $IWM Russell 2000 Small Caps
My "One Chart" for today is a chart of the iShares Russell 2000 ETF NYSEARCA: IWM
At the bottom of the chart you’ll see the...
Stock Market Today: Stocks Rally, But It’s A Grind
The last two trading sessions have seen stocks rally early before fading into the close. Once again today, stock market futures are pointing higher.
In...
Electronic Arts Stock (EA) Falls 4% After Earnings, Cycles Point Lower
Electronic Arts NASDAQ: EA reported earnings after the bell on Tuesday.
The company reported adjusted EPS of $1.31, which beat consensus estimates of $0.97....
How’s the Stock Market? Depends on Whose Room You Visit
To follow up on the yesterday’s stock market update featuring the weekly channel in Biotechnology or IBB:
Since this is a weekly chart, what matters...
U.S. Stock Market Trading Outlook: Wedge Patterns Point to Pullback
The daily charts in many of the stock market indices I review have negative wedge patterns in place.
I expect this will lead to some...
Etsy Stock (ETSY) Rallies After Wayfair Earnings, Forecast Bullish
On Tuesday, Wayfair (W) rallied over 23% on the day after posting better than expected earnings. The company benefited from the ongoing shelter-at-home trend.
This...