U.S. Equities Update: Rally Likely To Pause By Thursday
S&P 500 Trading Outlook (1-2 Days):Â Mildly bullish
Gains on the S&P 500 (NYSEARCA:SPY) will likely find strong resistance near the Mid-June, Mid-March highs around 2800-2805...
S&P 500 Technical Update: Bulls Eye 2800 Level
Stock Market Technical Comment
The stock market, as defined by the S&P 500 (NYSEARCA:SPY), remains in a large volatile, choppy mess.
HOWEVER, the latest decline into...
U.S. Economy Roars But Stocks To Be Choppy Into Late July
The latest stock market rally has the bulls feeling pretty good.
And although stocks could rally a bit higher, they are likely to turn lower...
Potential Bearish Trade Setups For The Euro
Euro futures are following the bearish path we described as the main scenario when we last wrote about this topic in January.
This post highlights...
Biogen Stock Rallies (BIIB) On Alzheimer’s Drug Trial News
Biotech firm Biogen (BIIB) traded 20% higher on Friday morning, after announcing encouraging results for a phase 2 trial related to Alzheimer’s disease.
Biogen’s...
S&P 500 Market Breadth Moderates, Bulls Need A Surge
We follow market breadth to give us an indication about the health of the trend.
And since the market as been consolidating the past four...
Micron Stock (MU) Rebounds After China Ban, More Downside Likely
Micron Rebounds After China Bans Chips, But Market Cycles Say More Downside Looms
Micron Technology (NASDAQ:MU) traded 3% higher on Thursday morning, bouncing back after...
S&P 500 Futures Update: Fade The Bounce… Again?
Broad Stock Market Futures Trading Outlook for July 5, 2018
Neutral trading action from longer time frames hold the traders here as much remains in the...
Nikkei 225 Stock Market Rally Running Out Of Gas?
The Nikkei 225 rally off the 2009 lows ran into a wall in January.
The major Japanese stock market index has been pulling back ever...
S&P 500 Futures Trading Outlook: Buyers Step Up
Broad Stock Market Futures Trading Overview for July 3, 2018
Bulls are looking to capitalize on yesterday's recovery from important price support for the S&P...
