Red Granny ‘Retail Stocks’ Pulls Out Her Green Knitting
The laggard of the Modern Family throughout this rally has been the Retail Sector ETF (NYSEARCA: XRT), which mainly represents the brick and mortar...
Johnson & Johnson (JNJ): Trading the Elliott Wave Correction
In September 2018, I called for the completion of a five wave impulsive rally on Johnson & Johnson (NYSE: JNJ) that started in May...
Apex Legends Lifts Electronic Arts (EA), But Market Cycles Point Lower
Electronic Arts (NASDAQ: EA) soared 6% Tuesday morning, after fresh data confirmed the popularity of newly-released video game, Apex Legends.
However the stock is in...
Stock Market Today: Industrials Power Higher
The major stock market indices are pointing higher again on Tuesday as Industrials (NYSEARCA: DIA) and Defensive stocks lead the market higher.
The rally hasn't...
Stock Market Snoozes, But Keep Your Tools Close By
It was a choppy session today, which given where the stock market indices sit on the both the Daily and Weekly charts, makes sense.
Choppiness...
4 Market Bellwethers To Watch As Stocks Near Crossroads
This article is a collaboration between between Arun Chopra (@FusionPtCapital) and Aaron Jackson (@ATMcharts).
It’s always worth keeping an eye on the Market Bellwethers. You’re not going to get a...
Stock Market Today: The Rally Is At a Crossroads
Stocks are set to trade higher on Monday morning as bulls try to conquer the 61.8% Fibonacci retrace level on the S&P 500 (SPY).
Active...
Stock Market Cycles Point to Volatile Week Ahead
Last week stocks were basically flat, rising into Trump’s State of the Union speech and then declining afterwards, as I pointed out in the...
S&P 500 Trading Update: 200-Day Psych Out?
The S&P 500 should continue its rally into this week, targeting the 200 day moving average.
That seems to be a magnet any time price...
The Stock Market Is Overbought… But What Does That Mean?
The stock market rally has gotten overbought – Is this a sign of further momentum or of the end-game?
There are many ways to determine...