Stocks & ETFs

S&P 500 ETF ($SPY): 10 Chart Insights For Traders

The S&P 500 closed last week at an all-time closing high. And as the new week starts, a majority of the major stock market indices are trading at or near all-time highs. Let’s review the chart… 10 fast facts about the SPDR S&P 500 (NYSEARCA:SPY): 1.  There is nothing more bullish…

S&P 500 and Nasdaq Futures Weekly Trend Analysis – May 8

THE BIG PICTURE – What Lies Ahead? The stock market indices continue to show strength with the Nasdaq (INDEXNASDAQ:.IXIC) soaring to new all time highs in week 18 and the S&P 500 (INDEXSP:.INX) reaching new weekly closing highs. Market futures for both indices maintain its relentless uptrend, holding above the short…

S&P 500 Futures Trading Outlook For May 5

Stock Market Futures Considerations For May 5, 2017 Non-farm payroll gave the S&P 500 (INDEXSP:.INX) a brief bump but we’ll see how it plays into the day. For the week, we continue to be squeezed into tighter ranges.  My thought is that the reaction to non-farm payroll is somewhat muted…

S&P 500 Futures Trading Outlook For May 4

Stock Market Futures Considerations For May 4, 2017 We are creeping higher on generally positive news floating around the media today, but with NFP (Non-Farm Payrolls) out tomorrow, the S&P 500 (INDEXSP:.INX) is likely to see muted action or action that reverses itself into congestion. Traders did see some knee-jerk…

If German Equities Stall Out Here, They Could Cascade

The pattern in a leading index of German equities could be very favorable for bears. Although the scenario of a decline still lacks confirmation, the current area on the charts merits a trader’s attention in coming weeks. The iShares MSCI Germany ETF (NYSEARCA:EWG) tracks an index comprised of 59 large-cap…

U.S. Equities Update: Apple (AAPL) & The Fed In Focus

S&P 500 Futures: (2-3 Days)  Neutral We are neutral on the S&P 500 () until 2400ish (or 2395 on futures) is exceeded or 2377 is breached. Apple’s earnings (NASDAQ:AAPL) and the Federal Reserve statement will be the buzz of the day. The last 5 days have been lifeless, showing very little overall…

How Concerning Is The Equal Weight S&P 500 Underperformance?

Lagging Equal-Weight In 2011 Over the past few months, the Equal Weight S&P 500 has lagged the standard S&P 500 Index (cap-weighted), which is a legitimate concern for stock market bulls. Underperformance can precede weakness in the stock market as it did in 2011 (see chart below). After the ratio…

MasterCard (MA) Stock Chart: Elliott Wave 5 Still Going…

One stock that has proven to be a powerful leader throughout this bull market is MasterCard (NYSE:MA). And although the stock is bumping up against major price resistance, MA has been so strong that it’s hard to see it stalling out here. In the charts below, you can see that the first…

S&P 500 Futures Trading Outlook For May 1

Stock Market Futures Trading Considerations For May 1, 2017 It should be an interesting week with the Federal Reserve on tap and the French elections on Sunday. The S&P 500 (INDEXSP:.INX) has been consolidating recent gains and is showing mixed momentum into today. The Nasdaq (INDEXNASDAQ:.IXIC) has been leading the market higher but…