Investing Research

This Chart Says The Bull Market May Just Be Getting Started

The Value Line Geometric stock index (NDEXNYSEGIS) contains approximately 1,675 companies from the NYSE Exchange, American Stock Exchange, Nasdaq and over-the-counter market. In this post, we will be focusing on the Value Line Geometric Index (the original equally-weighted index), which provides a very broad measure of the stock market’s health,…

Is Microsoft’s Stock (MSFT) Running Out Of Upside?

My last article on Microsoft (MSFT) discussed how its stock price was closing in on a cluster of “major” price objectives. My blog has been following Microsoft’s stock price patterns since the low in 2009.  If you click the link and read to the bottom you’ll find the pattern/geometry that ‘caused’ the…

Complacency: 22 Troublesome Facts About This Market

Below are 22 realities to explain why 720Global does not recommend following the herd. From stock market valuations to U.S. economic data to Federal Reserve policy, investors are taking on more risk. And they are being lulled into complacency with high prices and sooth-sayers.  Careful here. Without further adieu, here…

Dow Transports ETF (IYT): A Bullish Setup Into Year-End

The transportation sector should provide some decent trading opportunities in coming months. We are particularly interested in the Elliott wave pattern we believe is emerging for the iShares Transportation Average ETF (NYSEARCA:IYT). This post offers some thoughts about how to trade the Dow Transports ETF (IYT) from a bullish perspective….

U.S. Stock Market Update: Financials & Tech In Focus

Investors are seeing minor gains across most world stock market indices this morning.  The S&P 500 Index (INDEXSP:.INX) is inching higher ahead of the FOMC today, which is largely expected to be a non-event. The All-World index is mostly unchanged over the last 5 trading days. While the Financials Sector…

The Changing Consumer And What It Means For Retail Sector

This is part 2 of our investing research series on changing consumer and retail trends.  (Read part 1 here). This post was written with Chris Kerlow. The way we spend our time and money has been changing. Selfies are a new form of ‘art’ work, more communication is done with…

S&P 500 Futures Trading Outlook For July 26

Stock Market Futures Considerations For July 26, 2017 The S&P 500 Index (INDEXSP:.INX) is bumping its head up against overhead price resistance.  A pullback to support may be in the cards before any sort of breakout can occur.  See key futures trading levels below for the S&P 500, Nasdaq, and…

History Shows That Consolidation Periods Lead To Bull Markets

Taking A Big Step Back – Stock Market Consolidation Periods The expression “the market needs to consolidate its gains” applies to all timeframes, from 60 minutes to 60 years. The chart below shows the NYSE Composite (INDEXNYSEGIS:NYA) consolidating between 1965 and 1982. After the consolidation period ended, stocks surprised on…

Stock Market Update: Weak Dollar Gives Earnings A Boost

The popular stock market indices continue to pursue a slow and persistent track to new record highs. The S&P 500 (INDEXSP:.INX) is trading at new all-time highs in Tuesday trading. Stocks have been supported by improving second quarter earnings and by CFO reports of stronger top-line growth. The decline in…