Russell 2000: Bulls Charging Toward Next Elliott Wave Targets
We wrote at the end of March that we believed the correction in equities was almost over and that the Russell 2000 Index in...
Micron (MU) To Buyback $10 Billion In Stock, Shares Rally
Micron Technology (MU) traded 7% higher on Tuesday morning, after the chipmaker announced a program to buy back up to $10 billion of its...
World Economic Survey: Forget About “Demand Deficiency”
A short time ago people were writing thought pieces on the "demand deficient" environment, and other buzzwords like "secular stagnation", but as time has...
S&P 500 Futures Trading Update: Patience Required
Broad Stock Market Futures Outlook for May 22, 2018
Traders faded into the gaps as expected yesterday before bouncing and are now testing resistance regions...
U.S. Equities Update: Are Investors Getting Overly Optimistic?
The equity markets traded lower last week with the ongoing concerns over rising interest rates, a stronger dollar and global trade.
Over the weekend Treasury...
Is IBM Stock Heading Into The Buy Zone Again?
Over the past couple years, I have written several posts about IBM.
And in most instances I was looking for opportunities to get LONG the...
Don’t Look For A Rebound In CBOE Shares Just Yet
On May 4th, CBOE Global Markets (CBOE) reported better than expected results, topping expectations for EPS and revenue for the first quarter.
Despite the positive...
US Steel Stock (X) Falls On Easing Trade Tensions
US Steel (X) traded 5% lower on Monday morning, after trade tensions between the US and China eased dramatically over the weekend.
Treasury Secretary Steven...
Market Sentiment Update: Investors Getting “Bulled Up” On Stocks
Looking at the charts this week investors remain bullish, and judging by the margin debt and leverage charts - investors are clearly voting with their...
S&P 500 Futures Trading Outlook: Up, Up and Away?
Broad Stock Market Futures Trading Outlook for May 21, 2018
Charts have lifted significantly from their close on Friday with news of the US-China trade war on hold. ...