The Current State of Global Equities In 4 Charts
U.S. Markets
Not much has changed in a week. Upside momentum remains firm and we have a number of stock market indices above their 40-week...
S&P 500 Trading Outlook: Market Weakening But No Signs of Selloff Yet
S&P 500 Trading Outlook (3-5 Days): Neutral
No change here. There is some minor evidence of stalling out, though I would need to see more weakness to...
The Futures In Five: Stock Market Volatility Compressing
The SPX spread expiring tomorrow is currently tighter than average -around 14 points at the 2795 strike. This leaves us 2781-2809 as our edges...
Best Buy Beats Earnings, Stock Price Looks Up
Best Buy's stock (NYSE: BBY) soared 16% Wednesday morning, after posting earnings, revenue, and same-store-sales that lifted the spirits of investors.
We see potential for further...
Stock Market Futures Test Upside and Downside Levels
Today's S&P 500 expiration spread is just 16 points.
Using the 2795 strike, that leaves us with a range of 2779-2806.
All eyes on those levels...
Stocks Hope Treasury Yields Find Support Here!
When the financial media talks about US Treasuries, it is usually focused on the yield curve.
Or sometimes they will highlight the 10 year treasury...
What is the Economic Modern Family of ETFs Telling Investors?
With all the opposing opinions on whether or not the market is topping or pausing for another leg up, it’s time to show the...
Stocks Hovering Near Important Bull / Bear Guideposts
2008 CASE
As shown in the 2008 case below, it is not uncommon for markets to come back and test the 200-day moving average during...
Dillard’s Stock (DDS) Surges On Earnings… Into Resistance
Dillard’s (NYSE: DDS) soared 22% on Tuesday morning, after the company posted earnings that beat Wall Street expectations.
However, the stock is now in a...
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...
