Johnson & Johnson (JNJ): Trading the Elliott Wave Correction
In September 2018, I called for the completion of a five wave impulsive rally on Johnson & Johnson (NYSE: JNJ) that started in May...
Apex Legends Lifts Electronic Arts (EA), But Market Cycles Point Lower
Electronic Arts (NASDAQ: EA) soared 6% Tuesday morning, after fresh data confirmed the popularity of newly-released video game, Apex Legends.
However the stock is in...
The Futures In Five: Stock Bulls Pressure Upside Resistance
Market volatility is alive this morning - with implied volatility now close to 20 as a move upward is in progress up to price...
Don’t Expect the Euro to Retrace Much Higher
Consistent with our recent posts about a likely bounce in the U.S. Dollar and a corresponding decline in the British Pound, we believe the Euro...
4 Market Bellwethers To Watch As Stocks Near Crossroads
This article is a collaboration between between Arun Chopra (@FusionPtCapital) and Aaron Jackson (@ATMcharts).
It’s always worth keeping an eye on the Market Bellwethers. You’re not going to get a...
The Futures In Five: Are Stocks Setting Up for a Big Move?
Volatility is compressing again and despite the fact that traders are actively buying implied volatility, the market remains rangebound.
For now.
In short, many believe that...
Stock Market Cycles Point to Volatile Week Ahead
Last week stocks were basically flat, rising into Trump’s State of the Union speech and then declining afterwards, as I pointed out in the...
S&P 500 Trading Update: 200-Day Psych Out?
The S&P 500 should continue its rally into this week, targeting the 200 day moving average.
That seems to be a magnet any time price...
Amid U.S. Stock Market Uncertainty, Reasons for Encouragement
Investing Outlook Highlights:
Fed Strikes a Dovish Tone for Now
Animal Spirits at Risk of Evaporating
Earnings Beat Rates Turning Lower
Optimism Emerging After...
S&P 500 Trading Outlook: Bulls Putting Up A Fight
S&P 500 Index Trading Outlook (3-5 Days)- Mildly Bearish
Looks like at least a minor pullback has gotten underway a few days early. While a few...
