Stock Market Today: Bulls Levitate On Low Volume
Stocks continue to push higher as low volume and bullish tailwinds continue.
The holiday shortened week (in the US) includes a half day today and...
What is the Stock Market Trend to Follow?
Tomorrow is a half day for the U.S. stock market, followed by a day off on Thursday for the July 4th holiday.
Friday should be...
This Stock Market Chart Looks Nothing Like the Peaks In 2000 and 2007
Last week’s post looked at a weekly volume-based breadth indicator.
With June in the history books, it is a good time to review the message...
Stock Market Today: Catching A Holiday High
The stock market gapped higher yesterday before fading a bit throughout the day.
But the action was bullish as the S&P 500 (NYSEARCA: SPY) made...
Market Update (July 1): Commodities Look Textbook
This morning, the stock market rose on trade war optimism.
However, the rally in our key economic Modern Family members, comparatively died out.
The Russell 2000...
Stock Market Today: Drinking From The G20 Punch Bowl
News of restarted trade talks between China and the United States sent investors into a tizzy.
And stock market futures trading higher. The S&P 500...
Russell 2000’s Bullish Price Action Forecasts More Upside For Stocks
The S&P 500 Index (INDEXSP: .INX) fell 8 points to 2942 last week, a decline of 0.3%.
At the same time, the Russell 2000 (INDEXRUSSELL:...
Is The Stock Market Ready For A Major Breakout?
The month of June was a good one for stock market bulls.
Several records were set as market participants regained their mojo.
As we get ready...
Market Thoughts: Livin’ on a Prayer
Early each morning, I scan and synthesize market-moving news. I look at macro themes, currency moves and global economic indicators that support or challenge...
Russell 2000 Reversal Bullish For Stock Market
The Russell 2000 Index (INDEXRUSSELL: RUT) turned up nicely last week.
This strong reversal triggered an ellipse turning point indicator (bullish).
This price action is similar...
