Charting The S&P 500: “Stall Speed”
Any time I read about a market "stalling" or reaching "stall speed" my palms start to sweat. They are literally sweating right now. Let...
Employment Data Isn’t As Rosy As One Might Think
“Fed Officials Worry Economy Is Too Good. Workers Still Feel Left Behind” – New York Times 4/27/2018
This coming Friday the Bureau of Labor Statistics...
Musk Balks, Tesla’s Stock (TSLA) Tanks… More Downside Expected
Tesla Motors (TSLA) traded 6% lower on Thursday morning, after CEO Elon Musk in a conference call with analysts hesitated in questions, which may...
S&P 500 Futures Trading Outlook For May 3
Broad Stock Market Futures Outlook for May 3, 2018
Edges tested repeatedly are likely to break and we are seeing this today. Deeper dips will find buyers...
S&P 500 Trading Update: A Fugly Fed Day
S&P 500 Trading Outlook (1-2 Days): Bearish
The rally that began yesterday hit price resistance at 2665-70 before turning back lower.
At present, there are insufficient signs...
Juniper (JNPR) Jumps On Earnings, But Stock Outlook Bearish
Juniper Networks (JNPR) traded 6% higher on Wednesday morning, after reporting earnings that beat Wall Street expectations.
The company reported earnings per share of $0.28...
Corporate Earnings: Direction of Margins Often Leads Market
Corporate earnings season for the U.S. market has passed the half way point with over 260 of the S&P 500 constituents having reported and...
S&P 500 Futures Update: Bulls Get A Kick Save
Broad Stock Market Futures Outlook for May 2, 2018
The edges of the wedges were tested and held yesterday and this morning we are at lower highs...
The Return Of Value… Can It Be True?
I was intrigued to see both Barron’s and the Wall Street Journal touting the “return of value” in recent days.
More interesting than the headlines...
Seagate (STX) Earnings Beat, But Stock Heads Lower
Seagate Technologies (STX) traded 6% higher on Tuesday morning, after reporting earnings that beat Wall Street expectations.
The company reported earnings per share of $1.46...