Weekend Market Outlook: Long Lower Shadows Embolden Bears
It was a rough week for stocks… and especially small cap stocks (Russell 2000) and tech stocks (Nasdaq).
The S&P 500 is also showing a...
Tesla Stock (TSLA) Falls As Elon Musk Draws Attention For Tweet
Tesla (NASDAQ: TSLA) traded 5% lower on Thursday morning, after its CEO appeared to mock the Securities and Exchange Commission (SEC).
One week ago, Elon...
Housing and Broad Market Indexes Littered With Bearish Divergences
We did an earlier chart reflecting that home builders are diverging similar to 2007.
Housing is a critical component to the economy and stock market,...
Freaky Friday: Broad Market Indices Still Trading Heavy
As we mentioned yesterday, it's been a whipsaw for futures traders. And the whipsaw continues today with the employment report.
Let's take a look at...
Will King Dollar Squash Precious Metals Rally Hopes Again?
The precious metals sector simply cannot by a break.
Since peaking, gold bugs have had several rally attempts squashed. And many of them due to...
Stock Market Futures Trading Update (October 4): Whipsaw Continues
The stock market has been choppy lately. Up and down, up and down...
The whipsaw continues into the employment numbers tomorrow.
Thus far, range trades are...
US Equities Are Still Bullish But Not All Sectors/Assets In Sync
Stocks look set to rally today, but on a "closing" basis, the S&P 500 has pulled back from the all-times highs set two weeks...
S&P 500 Trading Update: Rally May Have Legs Into Next Week
We’ve seen US equities largely hold onto early gains Wednesday with the S&P 500 and Dow Jones Industrial Average trading back up to new...
Alcoa Stock (AA) Rises on News of Norsk Hydro Aluminum Shutdown
Alcoa Corporation (NYSE: AA) traded 8% higher on Wednesday morning, after reports that competitor Norsk Hydro would stop production of the world’s largest alumina...
Market Futures Update: Dow Jones Industrials Eye 27,000
Traders are watching stock market futures push higher under a momentum divergence.
The Dow Jones Industrials are eyeing the big round 27,000 number while the...
