US Markets

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Dicks Sporting Goods Earnings Strong, But Stock Faces Resistance

Dicks Sporting Goods Stock NYSE: DKS "weekly" Chart  Dick’s (DKS) rose 3% on Thursday after the company posted earnings that beat Wall Street expectations.  While it...
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S&P 500 ETF (SPY): 195 Is The Big Price Level

Today’s chart of the day is a chart of the SPDR S&P 500 ETF NYSEARCA: SPY. Note that it's a "weekly" chart.  As you’ll see...
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S&P 500 Futures Jittery As Risks to Economy Linger

S&P 500 Futures hourly Trading Chart - August 23 MARKET COMMENTARY Traders have kept the S&P 500 Index INDEXSP: .INX above 2930 region for a second...
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Stock Market Today: Investor Eyes (and Ears) On Jackson Hole

Investors are eagerly awaiting Federal Reserve Chairman Powell's speech at Jackson Hole. The S&P 500 NYSEARCA: SPY and other major indices should move on his...
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Is the US Dollar About To Break Out Higher?

US Dollar Index "weekly" Chart - CURRENCY: USD The US Dollar Index is flexing its muscle of late. Trade wars and fear of a global slowdown...
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Stock Market Today: Rally On or Just a Bounce?

Stocks are continuing to rally on Thursday morning as investors hope that the us economy can thwart a recession. Recent data and news has been...
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Stock Market Conundrum: Inverted Yield Curve vs Strong Consumer

Retail stocks had a good day.  Target NYSE: TGT and Lowes NYSE: LOW jumped on strong earnings reports today suggesting that the consumer is still...
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Chart of the Day (GOLD) and a Market Update

Gold ETF NYSEARCA: GLD Chart The weekly Gold ETF (GLD) chart is at an interesting level – the top of a channel and a 50%...
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Stock Market Today: Investor Sentiment No Longer A Headwind

Stocks are pointing higher on Wednesday morning. This comes on the heels of a down-day on Tuesday. The market awaits the Federal Reserve's meeting...
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S&P 500 Futures Higher, Rally On?

S&P 500 Futures Trading Chart Image - August 21 MARKET COMMENTARY S&P 500 Index INDEXSP: .INX traders have kept us near our 2921 region but have...

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