Stocks & ETFs

S&P 500 Futures Trading Outlook For July 7

Stock Market Considerations For July 7, 2017 The jobs report has given stocks a lift this morning. The S&P 500 (NYSEARCA:SPY) is holding above very important near-term support… see my key trading levels for the S&P 500, Nasdaq, and crude oil are below. Check out today’s economic calendar with a full rundown…

Dow Theory And What It Means For The Primary Bull Market

Charts Monitor, Rather Than Dismiss Fundamental Data Critics of technical analysis often mistakenly believe that using charts discounts the importance of fundamental data, such as earnings, employment, and economic growth. Charts allow investors to monitor the aggregate investor interpretation of all the fundamental data. Said another way, charts are efficient…

Financial Markets Trading Update: 5 Charts To Watch

Traders returned on Wednesday to see fractional gains in across the various global equites markets. Domestically, trends remain very much neutral for the S&P 500 (INDEXSP:.INX). Deteriorating sectors like Technology have not had much effect on the S&P 500 thus far… this likely due in part to Financials breaking out…

S&P 500 Futures Trading Outlook For July 5, 2017

Stock Market Futures Considerations For July 5, 2017 Market futures traded in tight ranges with low volume yesterday as the US observed the Independence holiday. This morning opens trading with markets little changed. See key levels for the S&P 500 (INDEXSP:.INX) and more below. Check out today’s economic calendar with a full…

S&P 500 Futures Trading Price Outlook For July 3

Stock Market Futures Trading Considerations For June 3, 2017 The S&P 500 (INDEXSP:.INX) held above its weekly lows and is now bouncing higher into Monday’s pre-holiday shortened session. See key trading support/resistance levels below. Check out today’s economic calendar with a full rundown of releases.  And note that the charts below are…

Nasdaq 100 Takes A Breather… Opportunity For Small Caps?

Large cap tech stocks have been a strong leadership force for the stock market for several years. Moreover, the Nasdaq 100 has outperformed the broader market, and more specifically the Russell 2000 in 2017. Is that dynamic changing? The chart below takes a closer look at large cap tech and…

Financial Sector ETF (XLF) Closing In On 2007 All-Time Highs

The Financial Sector ETF (NYSEARCA:XLF) is still shaking off the stigma of the 2008-2009 collapse. It’s been nearly 10 years since it peaked… and it’s finally closing in on those all time highs again. And will likely surpass them some time soon. But that’s just the head line; savvy traders…

An Inside Look At The Rally In Biotech and Pharmaceutical Stocks

Last fall, we laid out the foundation for the current rally in pharmaceutical and biotech stocks; we take stock of those setups and the sectors’ present prospects. Some may construe today’s post – and the associated charts of the day – as a victory lap. And while there may be…