Investing Research

Stock Market Futures Trading Outlook For January 11

Stocks are headed higher on Thursday morning as traders look to retest this week’s highs into the holiday weekend. See my trading commentary and key price levels for S&P 500 futures, Nasdaq futures, and Crude Oil. S&P 500 Futures Support holds higher near 2742.  Short trades still be swift but…

S&P 500 Trading Update: One Final Hurrah Into Holiday Weekend?

S&P 500 Futures Trading Outlook (2-3 Days):  NEUTRAL WITH UPSIDE TO 2760-2765 But I’m growing more cautious on this uptrend… While daily charts still show the potential for S&P 500 to move a bit higher, we’re starting to see some breadth divergences with Negative Advance/Decline with the VIX (Volatility Index) getting…

Stars Remain Aligned For Global Bull Market Into 2018

Market returns in 2017 were rather stellar. The S&P 500 was up 21.8%, while the Canadian TSX finished up 9.1%. Global markets were also strong from Europe to Asia to Emerging markets – characteristics of a global bull market. We remain in this sweet spot for the market with improving…

Precious Metals Update: Gold Bulls Patiently Waiting

The iShares Gold Trust (GLD) rallied into year-end and is now in a consolidation. Gold bulls (especially near-term) are patiently waiting for its next move. A breakout of the recent consolidation would put 130-135 in view for the Gold ETF (GLD). On the GLD weekly chart, the yellow metal remains…

Stocks To Bonds Ratio (SPY/TLT): Parabolic Rally

One of the more interesting relationships to watch is the price relationship of stocks to bonds. Investors can watch this performance battle using a ratio of the S&P 500 (SPY) to the 20 Year Treasury Bond ETF (TLT). If this SPY/TLT ratio is heading higher, stocks are preferred to bonds….

Stock Market Trading Outlook For January 10, 2018

The major stock market indices are trading lower this morning as yesterday’s mini reversal follows through. Value buyers should show up at lower levels, but it is the retests that we will watch to determine the character of this pullback. S&P 500 Futures Trading Considerations For January 10, 2018 True…

S&P 500 Reaches Minimum Price Target Objective

Just a quick heads up that the S&P 500 Index officially reached the minimum upside objective of 2750 that I have been talking about for the last couple months. This is based on the bull flag pattern in November 2017. See S&P 500 chart below. Just a friendly reminder that this…

January Barometer Sends Bullish Signal To Stocks In 2018

The popular stock market averages enjoyed the best start in 14 years with the S&P 500 and Dow Jones Industrials gaining 2.6% and 2.3%, respectively, last week. And the stock market rally has continued into this week (thus far). The rally triggered a buy signal from the widely followed January…

Bitcoin Price Compression: Breakout or Breakdown Coming?

Bitcoin has taken the financial markets by storm over the last year. But bitcoin prices are nearing an important juncture on the charts. So prepare yourself for another big move. As you can see in the weekly chart below, bitcoin has remained in a broad channel for the last 4…