Are Stocks Moving From a Harder Market to an Easier Market?
ODDS MORE FAVORABLE FOR BREAKOUT ATTEMPTS
A recent Short Takes post covered setups for the broad stock market. This post covers similar setups in tech and growth...
S&P 500 Futures Trading Update: Patience Required
Broad Stock Market Futures Outlook for June 7, 2018
Breaches continue as we move above strong resistance in the indices that will need retesting for strength...
Tesla (TSLA) Shareholders Vote To Keep Musk As Chairman, Stock Rallies
Tesla Motors (TSLA) traded 5% higher on Wednesday morning, after shareholders rejected a campaign to shake up the 9-member board of directors - without...
British Pound Following Elliott Wave Downward Forecast
With two strongly declining months in a row, the British Pound appears to be embarking on the decline we forecast in our post last...
Twitter’s Stock (TWTR) Rallies, Will Be Included In S&P 500 Index
Twitter's stock (TWTR) traded 5% higher on Tuesday morning, after it was announced the company would replace Monsanto (MON) in the S&P 500, which...
Soft Commodities Are Getting Bulls Attention!
Yesterday, we highlighted an important price pattern in the chart of the Thomson Reuters Equal-Weighted Commodities Index.
Today, we'll stick within that theme and look...
S&P 500 Trading Update: Technical Divergence Taking Shape
Broad Stock Market Futures Outlook for June 5, 2018
Breaches of prior resistance under continued technical divergence. Allow levels to test and fail if you are looking...
Crude Oil ETF (USO) Reversal: Should Bulls Be Concerned?
In our April post on this topic, we showed how the crude oil rally from last year's low was probably nearing its end.
Although price...
Stock Market Update: Did Bulls Just Flip The Script?
The S&P 500 is attempting to breakout of a bullish flag pattern.
This is certainly a positive after the rocky price action investors saw early...
$LULU Stock Surges On Strong Earnings, A Bit Extended
Lululemon Athletica (LULU) traded 15% higher on Friday morning, after reporting earnings that beat Wall Street estimates.
The company recorded earnings per share of $0.55...