S&P 500 Index May Reach 3040 IF This Happens
The US stocks market is currently following our projected path higher.
Today we provide a few thoughts on the S&P 500 along with price...
Stock Market Futures Update: Stubborn Bulls Fend Off Divergence
Even as divergence holds in the charts across time frames, we still move higher as expected but without much of a fade downside.
We could...
Stock Market Today: Bulls Flex as Bond Yields Bounce
The broader stock market rallied sharply on Monday as investors cheered in the new month.
How much longer with this risk-on move last? And where...
U.S. Dollar Seasonality Enters Negative 6 Month Period
These days it seems there's not a lot we can agree on, but I think there's one understanding that's close to universal, and that's...
Stock Market Futures Update: Bull Rush Into April
The month of April is underway. And traders are all bulled up.
Stock market futures are breaking out and up into upside price levels that...
Stock Market Today: 1st Quarter Strongest in Nearly 10 Years
It's the first day of the second quarter for investors.
The tone is bullish which goes hand in hand with the out-sized gains for S&P...
Gold Price Correction: Targets and Thoughts
Gold has always been a tricky trade.
Day-to-day movements in the US Dollar and back-and-forth statements from the Federal Reserve only add to this.
That said,...
S&P 500 Momentum Slowing as Market Cycles Point to a Top
The S&P 500 (SPX) was up 33 points to 2834 last week, an increase of 1.2%.
Our projection for the coming weeks is for the...
Russell 2000 COT Report Data: Bounce or Bull?
The chart below looks at non-commercial futures trading positions for the Russell 2000 Index.
For the week, the cash Russell 2000 Index (RUT) traded higher by +2.3%.
Here’s a...
Blackberry Investor Outlook Strengthens on Earnings, But Stock Price Overbought
Blackberry (NYSE: BB) soared 13% on Friday, after the company posted earnings that beat Wall Street expectations.
While we see further upside, we believe that...
