Wells Fargo Stock Sinks On Fed Cease and Desist Order
Wells Fargo (WFC) sunk 7% in after hours trading on Friday and premarket trading on Monday, after the Federal Reserve issued a cease and...
Short Bonds ETF (TBT) Breaks Out On Rising Treasury Yields
Back in December, I wrote a blog about rising rates and the impending breakout for the Ultrashort Treasury Bonds ETF (TBT).
Since that post, treasury...
S&P 500 Market Cycle Outlook: Brief Bounce, Then Lower
The stock market declined last week, with the S&P 500 (SPX) falling 111 points from 2873 to 2762.
The coming weeks should see more volatility...
iShares Italy ETF (EWI) Reverses From New Multi-Year Highs
There's a lot going on over seas. Specifically in Italy.
Today, I want to highlight the stock chart of the iShares Italy ETF (EWI), pointing...
Market Futures Trading Outlook For February 5
Stock Market Outlook for February 5, 2018
Immediate price resistance for today sits at the opening tick and the evening high from last night’s futures opening....
COT Report: Is The US Dollar Ready To Bounce?
The following chart and data highlight non-commercial commodity futures trading positions as of January 30, 2017.
This data was released with the February 2 COT...
Is A Major Stock Market Correction In The Works?
After last week's 4 percent decline, investors are beginning to wonder if a major stock market correction is underway.
Sentiment has quickly turned lower and...
Weekly Stock Market Video: Making Sense Of The Selloff
Wow, what a crazy week! Â Stock market volatility came back in a big way, reminding investors that the market can still go down!
The S&P...
Investors: Put The Dow Transports On Your Radar!
The Dow Jones Transportation Average can be a great market "tell" for investors. Especially when it's outperforming or underperforming the broader market.
Dow Theory comes...
S&P 500 Market Outlook: The Long Awaited Pullback Begins
After a year without a legitimate stock market pullback (3 percent or more), the U.S. stock market indices are finally pulling back. To what...
