Stock Market Outlook: Bulls Hopes Rest On Russell 2000
June 10 Stock Market Outlook and Technical Review
Here’s a look at some key stock market indicators and emerging themes that we are watching:
Small-Caps Find...
Failed Breakout In Global Payments Inc Stock ($GPN)
Failed breakouts can be extremely powerful patterns, especially when combined with momentum divergences across multiple time frames. Experience has shown us that from failed...
Why The Utilities Relative Strength Is Likely To Continue
Vinny-“The UTES are back!!” Judge- “Did you just say UTES??” Vinny-“ Oh excuse me, your Honor, Utilities”
Yes, Utilities are back with a vengeance alright,...
Nothing Changes Investor Sentiment Like Price
Coming back from a week-long vacation has its advantages. I was lucky enough to be able to unplug from the day-to-day operations of the...
The Employment Trend May Not Be Your Friend
Loan Delinquencies may be Signaling Recession
On June 2, 2016 the Bureau of Labor Statistics (BLS) stunned economic prognosticators and the financial media when it...
S&P 500 Futures Trading Outlook For June 10
S&P 500 Futures Trading Outlook for June 10, 2016 – The damp momentum allowed us to anticipate the selloff as we stretched into the...
Why Market Bears Are Eyeing The Power $QQQs
I try and remain objective as possible.
I am in the bull camp, have been for the past couple of weeks, and still believe new...
Dow Jones Utility Average Overdue For “Major” Correction
Are you watching the Dow Jones Utility Average? Well, you probably should be. Utilities have been a strong sector, especially off the recent market bottom...
S&P 500 Declines Into April Highs: Will This Support Hold?
That's a great question. No one knows with any certainty which is why we follow the price action and (indicators related to price). They...
Dow Jones Megaphone Pattern Defines Risk On / Off
Below is a chart of the Dow Jones Industrial Average going back to the 1950’s using monthly closing prices. It highlights two important Dow Jones Megaphone...