The Stock Market’s Unrequited Love (July 24 Trading Recap)
Tuesday saw the major stock market indices reverse course... then try to score a late day save.
Let’s review key price levels and themes:
S&P 500...
Google Up 4% After Earnings, But Market Cycles Point To Pullback
Alphabet (NASDAQ: GOOGL) traded 4% higher on Tuesday morning, after posting earnings that beat Wall Street expectations after accounting for a $5 billion fine.
The...
Is Coffee Setting Up For A Summer Counter-Trend Rally?
The last 2 years have not been kind to Coffee, seeing spot prices decline almost 40%.
The decline has Coffee testing a pretty important band...
Skechers Declines On Earnings, Market Cycles Indicate More Pain
Skechers stock (NYSE:SKX) traded -27% lower on Friday morning, after posting earnings below estimates and lowering guidance.
The company reported earnings per share of...
S&P 500 Trading Update: Sellers Make An Appearance
Broad Stock Market Futures Overview for July 19, 2018
Sellers are finally showing up as support areas on the S&P 500 Index (INDEXCBOE:.INX) and Nasdaq Composite...
Market Update: Are Investors Earnings Expecations Too High?
Investors are turning their focus to second-quarter earnings reports that will continue to flow this week.
They will soon find out if a strong two...
Corn Futures Trading Outlook (July 16): All Eyes On Soybeans
September Corn Futures closed down 19 cents per bushel last week (week on week), finishing at #3.41.
Corn Bulls are feeling the heat here... time...
Are Commodities About To Follow The Japanese Yen Lower?
Over the past 9 years, the Japanese Yen (NYSEARCA:FXY) and Commodities have followed one another higher and lower.
The correlation can be found in the...
Broadcom Stock Falls on CA Acquisition But Cycles Point to a Bounce
Broadcom (NASDAQ:AVGO) traded -17% lower on Thursday morning, after announcing the acquisition of CA Technologies (CA) for for $18.9 billion in cash.
Broadcom announced...
S&P 500 Futures Outlook: Higher Lows Would Be Constructive
Broad Stock Market Futures Outlook for July 12, 2018
Stocks look to recover yesterday's losses this morning. The key will be successfully putting in a higher...
