Nasdaq 100 Rally Could Flame Out At Yearly Pivot
The Nasdaq 100 and PowerShares QQQ Trust found support at the 2018 yearly pivot (YP).
So naturally, we turn our attention to the yearly pivot...
U.S. Equities Trading Update: Reversal Nearing?
There is still no meaningful evidence of any real reversal in Equities, but we are entering a timing zone for one.
Treasury yields dropped throughout...
Macy’s Stock Tanks: Look for a Bounce… Then More Pain
Macy’s (M) Stock Weekly Chart
Macy’s (M) sold off on Thursday morning after the retailer warned that it would not meet its previous guidance for...
Homebuilders Set To Deliver “Canary” Message Again!
There are often market "tells" that occur long before the beginning of a broader stock market rally or correction.
And they tend to be sectors/areas...
Stock Market Futures Trading Outlook: Risks Rise On Thursday
The stock market is turning lower today after grinding higher yesterday.
The market failed to get above noted price resistance and began to pull back.
Mixed...
Are the Home Builders Signaling Another Financial Crisis?
Is 2018-2019 going to be a repeat of the 2007-2008 crisis for the home builders?
One indicator / index to watch is the Dow Jones...
Urban Outfitters (URBN) Upgraded: Is this an Opportunity to Sell?
Urban Outfitters (URBN) Stock Weekly Chart
Urban Outfitters stock (NASDAQ: URBN) is trading higher on Wednesday following an upgrade by Morgan Stanley from equal weight to...
S&P 500 Futures Move Higher As Momentum Holds
Stock market futures have stalled out at resistance.
But lots of momentum remains to the north, so it seems likely that we breakout and move...
Mid-Week Market Outlook: Stocks Near Crossroads
The S&P 500 rose 0.97% today and has a weakly bullish intermediate posture.
All four major U.S. stock market indices currently have weakly bullish intermediate...
Elliott Wave Points to More Upside for Aussie and Kiwi
Some commodity currencies have been very bearish towards the end of 2018 and at the start of the January.
Let's look closer at the Aussie...
