Food Porn: Is it Time to Buy Soft Commodities?
Today, the equities market and many commodities rallied.
Sugar, wheat, corn, soybeans, and cocoa all had significant gains.
A while back, I did a piece for...
The CME to Launch Micro E-Mini Futures Contracts May 2019
The CME Group plans to launch Micro E-mini Futures contracts for trading in May of 2019.
The four markets available for trading will be...
Advanced Micro Devices (AMD) Boosted By Analyst Upgrade, Stock Headed Higher Yet
Advanced Micro Devices (NASDAQ: AMD) rose by 8% on Wednesday, after bullish comments from an analyst at Nomura.Â
Based on its market cycles, we believe...
The Futures In Five: Holding Pattern Into Friday Jobs Report
The S&P 500 (SPX) feels a bit weaker but buyers will likely hang at lower levels to rescue pullbacks.
At least until the Friday morning...
Futures Rise, but Stocks Have Little Margin for Error
Stocks are pointing higher once again, as the S&P 500 (SPY) and Nasdaq 100 (QQQ) are positive in pre-market. And similar to days past,...
Walgreens Posts Weak Earnings and Guidance; Stock Price Continues Lower
Walgreens (NYSE:WBA) fell 12% on Tuesday after the company posted earnings that missed Wall Street expectations.Â
Our outlook remains negative for Walgreen's stock (WBA) into...
Stock Market Today: Look Out for the Bulls-Dozer!
The stock market was mixed on Tuesday as investors digested some of the recent gains. The S&P 500 (SPX) finished flat, the Dow Jones...
Tech Stocks Lead Market Surge Into Early April
The S&P 500 (SPX) finished flat but did achieve a 5-month intraday high along the way. It has a strongly bullish intermediate posture according...
Is the Stock Market Rallying in All the Wrong Places?
We laid out three scenarios last night for the stock market.
Here they are:
-The Transportation Sector ETF (IYT) clears that high and the Russell 2000...
Stock Market Futures Update: Stubborn Bulls Fend Off Divergence
Even as divergence holds in the charts across time frames, we still move higher as expected but without much of a fade downside.
We could...
