Food Porn: Is it Time to Buy Soft Commodities?
Today, the equities market and many commodities rallied.
Sugar, wheat, corn, soybeans, and cocoa all had significant gains.
A while back, I did a piece for...
Stock Market Rally Continues but a Trading Reversal Nearing
S&P 500 Trading Outlook (3-5 Days): Expect Stallout / Reversal
This reversal should occur between Thursday and Monday, with strong resistance at 2905. A close...
Advanced Micro Devices (AMD) Boosted By Analyst Upgrade, Stock Headed Higher Yet
Advanced Micro Devices (NASDAQ: AMD) rose by 8% on Wednesday, after bullish comments from an analyst at Nomura.Â
Based on its market cycles, we believe...
Investor Appetite Shifting to Risk-On
There have been some amazing stock moves already this year.
The rally off the lows with very little give back has been incredible.
However,...
The Futures In Five: Holding Pattern Into Friday Jobs Report
The S&P 500 (SPX) feels a bit weaker but buyers will likely hang at lower levels to rescue pullbacks.
At least until the Friday morning...
Stock Market Today: Jobs Report “Catalyst” Tomorrow?
Stocks are acting quite strong here. Yesterday's momentum is carrying over into today, with the Dow Industrials (NYSEARCA: DIA) looking to lead today's session,...
Hong Kong ETF (EWH) Testing Key Breakout Resistance Level
The iShares MSCI Hong Kong ETF (NYSEARCA: EWH) made new 52 week highs and is attempting to break out.
Investors looking for investment exposure to...
Gold ETF (GLD) Elliott Wave Forecast: Downside Move Underway
We haven't written about gold prices for more than a year because for us there weren't any high-confidence forecasts of trending moves. The market...
Futures Rise, but Stocks Have Little Margin for Error
Stocks are pointing higher once again, as the S&P 500 (SPY) and Nasdaq 100 (QQQ) are positive in pre-market. And similar to days past,...
Walgreens Posts Weak Earnings and Guidance; Stock Price Continues Lower
Walgreens (NYSE:WBA) fell 12% on Tuesday after the company posted earnings that missed Wall Street expectations.Â
Our outlook remains negative for Walgreen's stock (WBA) into...
