Are Consumer Staples and the Nasdaq Saying Risk-Off?
A couple weeks ago, I posted a couple charts using the relative strength of the consumer staples (NYSEARCA:XLP) versus the NASDAQ Composite (INDEXNASDAQ:.IXIC).
Those charts...
Small Cap Stocks Reverse Lower From Price Resistance
The broader stock market is turning sharply lower to begin the week.
First it was the lagging large cap stocks...
And now it is the small...
S&P 500 Outlook: Market Cycles Point To Coming Correction
The S&P 500 (NYSEARCA:SPY) was hit by increased volatility last week, closing the week down -1.0%.
Stocks may bounce a bit this week... but that should trigger...
Red Hat (RHT) Drops 12 Percent, Signaling Major Top
Red Hat (RHT) traded -12% lower on Friday morning, after beating Wall Street earnings estimates but missing on guidance.
The company reported earnings per...
S&P 500 Futures Trading Outlook For June 22
Broad Stock Market Futures Outlook for June 22, 2018
In a failure to hold support, traders took the primary trend (bullish) out of play until early...
Starbucks (SBUX) Stock Slides, As Cycle Turns Lower
Starbucks Corporation (SBUX) traded -8% lower on Wednesday morning, after announcing that it would close 150 US coffee shops in the 2019 fiscal year.
That...
Is This Stock Market Dip Just A Bump In The Road?
I have been talking about the numerous areas of price resistance converging near 2,800 on the S&P 500.
Well, that acted like a brick wall...
Gold Price (GLD) Nearing Important YP Pivot Support
After struggling at the yearly resistance pivot (R1) earlier this year, Gold turned lower.
The price of Gold has since had a rough go of...
Boeing (BA) Falls On Trade Concerns, Cycles Turn Bearish
Boeing Company (BA) Stock Chart with Weekly Bars
As Boeing Dips on Trade Concerns, Market Cycles Suggest More Downside
Boeing (BA) traded 4% lower on...
Weekly Market Trends Update: Pause Possible, But Bull Alive
The stock market has stalled out and traded sideways for several days.
Is it ready to turn lower, or simply consolidating? Today, we take a...
