National Oilwell Varco (NOV) Cycle Outlook: Stock Topping?
National Oilwell Varco (NOV) was trading 5% lower on Monday morning after the company warned that Q1 revenue would be lower than expected.
After last...
Oil ETF (USO) Nearing Elliott Wave Reversal Area
Crude oil prices have made a significant break out of the long-term downward channel in recent months. This has led us to treat last...
Patient GOLD Bulls Continue to Wait for a Breakout
The following chart and data highlight non-commercial commodity futures trading positions as of April 10, 2017.
This data was released with the April 13 COT...
Alaska Air (ALK) Begins New Market Cycle on a High Note
Alaska Air's stock (ALK) rose 5% higher on Friday morning, after reporting that revenue passenger miles increased by 6.5% and passenger capacity increased by...
Bed Bath and Beyond Stock Craters, Outlook Weak
Home retailer Bed Bath and Beyond (BBBY) tanked by 18% on Thursday morning, after reporting inline earnings.
The company reported earnings per share of $1.48...
The Continuing Saga of a Range-Bound Stock Market
I’m often asked whether I’m bullish or bearish on a certain market.
I always like to remind people that the market can go in three...
The Stock Market Is Holding Just Above Key Price Supports!
Stocks have been see-sawing and whipping around the past couple weeks, but one thing remains...
Stocks are holding on above key price support across several...
S&P 500 Technical Update: Is A Bullish Pattern Forming?
This is a 1-hour chart of the S&P 500, QQQ's, Midcap's (MDY), and Russell 2000 (RUT).
All of these key stock market indices are tracing out...
Fastenal’s Stock (FAST) Sinks, Still Has Downside Risk
Building supply company Fastenal (FAST) traded 4% lower in the Tuesday morning session.
Fastenal reported earnings per share of $0.61 and total revenue of $1.19...
S&P 500 Market Outlook: Gold Shines, Stocks Holding On
Key Developments In The Financial Markets
Stocks continue to consolidate. Â And Gold tests key breakout level.
Tuesday's stock market rally helped to add some conviction to...
