Lowe’s Stock Tanks on Earnings, Possible Short-Term Bottom
Lowe’s Companies (LOW) fell 8% on Wednesday morning after a mixed earnings report.
While the company beat on revenue and same store sales, it missed...
Tracking New Highs In Industry ETFs
Part of my regular screening process involves finding sector and industry ETFs breaking to new 13-week highs and lows. This can be a great...
Equity Markets Show Their Hand: Growth Over Income
GROWTH IN ISOLATION
A July 2013 See-It-Market post outlined the three steps required for a trend change.
The S&P 500 recently broke the downward-sloping trend line below (step...
How To Use The Yield Curve As An Equities Risk On/Off Indicator
The drop in equity markets and subsequent V-shaped rebound has left many traders wondering: "Is it safe to increase long equity exposure?"
With pundits on...
US Steel (X) Rallies On Trump Tariffs, But Stock Faces Near-Term Headwinds
US Steel (X) gapped higher on Monday morning, up around $1.20 to $44.72 which is a 2.5% increase but up as high as 4%...
Gold Miners (GDX) Elliott Wave Forecast Points Lower Yet
In December, we highlighted a potential trade developing in the VanEck Vectors Gold Miners ETF (NYSE Arca: GDX). Since that article was posted, we...
New Gold Bull Market Starting? Not So Fast…
Today, I want to provide a quick update on gold trading and the iShares Gold Trust (GLD). Gold has been meandering beneath major price...
Market Outlook: Stocks Set To Continue Bounce, Then Fail
The S&P 500 reversed course on Friday and rallied back to new 3-week closing highs.
Look for stocks to extend gains into this week before...
Stock Market Futures Trading Outlook: A Big Break Is Coming
Stock Market Futures Outlook for February 23, 2018
Diminishing directional moves continue as the current price range compresses on the S&P 500. Traders should expect a...
Pandora (P) Earnings Reversal: Stock Pops Then Drops Sharply
Shares of Pandora Internet Radio (P) initially popped 11% to $5.42 yesterday when the company reported an increase in subscription revenue of 63% as...
