The Futures In Five: Stock Market Divergences Continue
In a textbook exhaustion pattern, traders pushed the stock market indexes higher and then collapsed prices into the deeper support region.
This lasted well into...
The Futures In Five: Negative Divergence On Radar
Strong buyers remain in the mix this morning as probabilities of upside action remain steady.
Pullbacks will continue to be buying zones... until they...
S&P 500 Forecast: Stocks to Chop Higher Before Downside Move
The S&P 500 (SPX) rose 17 points to 2793 last week, which was an increase of 0.6%.
Our projection this week is for more choppiness...
Weekend Stock Market Outlook: 2019 Rally Extremes
The S&P 500 is strongly bullish and extending recent gains towards big round numbers on the S&P and Dow Jones Industrial Average.
Short-term sentiment...
S&P 500 Trading Outlook: Rally Upside Limited
S&P 500 Trading Outlook (3-5 Days): Still Bullish into Friday / Monday of next week.
That said, I’m skeptical that the S&P 500 (INDEXSP: .INX) gets over...
Focus On U.S. Stock Market Indexes Obscures Moves Elsewhere
Key Market Takeaways:
European stocks have rallied toward resistance and are on the cusp of breadth thrust of their own. Small-cap (and mid-cap) U.S....
Stock Market Today: Bull-Bear Battle at Resistance
The S&P 500 (SPY) has traded sideways for much of this week as investors consolidate gains and ponder what's next.
Bulls have had their way...
Stock Markets on the Rise, But Be Aware of Pullbacks (Elliott Wave)
The S&P 500 (NYSEARCA: SPY) appears to have completed a corrective decline, one that began in September of 2018 and ended in late December.
The...
Domino’s Pizza Forgets to Add the Sauce (Quarterly Earnings)
Domino's Pizza (NYSE: DPZ) tanked 8% on Thursday morning, after the restaurant chain missed Wall Street expectation on earnings, revenue and same store sales.
Based...
Caterpillar (CAT) Stock Chartology: Maintain Tight Trailing Stops!
Leonardo da Vinci once said, “Simplicity is the ultimate sophistication.” Let's keep this in mind when taking a rather basic view of Caterpillar stock (NYSE:...