Visa Stock Chart Update (V): Divergences Very Concerning
Visa (V) has enjoyed quite a run since its IPO. The company has enjoyed a bevy of sector tailwinds and a strong broader market to...
S&P 500 Futures Drift Higher But Indecision Weighs
S&P 500 futures have been inching lower while bouncing within congestion territory between 2033.5 and 2047.75. The tests of these two levels will be important...
Is The NYSE Composite Warning Of A Market Pullback?
I did a little bit of work on the NYSE Composite Index over the weekend and found some pretty interesting “form and proportion” with...
Crude Oil And Energy Stocks Look Higher Once More
Late last week, crude oil price (WTI) reached my pullback target between $34 and $36/barrel and has broken its recent downtrend. You can read...
Stock Market Futures Rise, But Resistance Looms – April 11
We begin the second week of April in congestion territory with ranges between 2032.5 and 2053.75. This morning stock market futures are attempting to...
S&P 500 Futures Rise As Bulls Try To Make A Stand
Buyers took advantage of the test of lower levels near 2025, and the ensuing rally higher has pushed S&P 500 futures into resistance sitting...
Will Stocks Get “ROC’d” After Record Drop In Volatility Index (VIX)?
The S&P Volatility Index recently dropped at a record pace off of its February highs; is this good news or bad news for stocks?
This...
Market Update: The Growing Tension On The Tape
It's always interesting to see how investors and traders handle market tension. Typically market tension evolves after big runs higher and lower, or alternatively when...
Stock Market Futures Hovering Above Lower Support Levels
The FOMC minutes release comes today at 2pm, and it is clear the markets are waiting for the data. Stock market futures have been...
S&P 500 Futures Update: Markets Under Pressure This Morning
After another failed drift higher on weak momentum we are seeing S&P 500 futures head lower this morning. That said, they are bouncing off an...
