Stock Market Trends Update & Outlook (Week of March 4)
THE BIG PICTURE
The up-trend has been resilient, even as bears try once more for a pullback.
This resiliency is what grinds out market bears. And...
US Corn Futures Weekly Forecast: Buyers At Support?
March corn futures closed down 11 cents last week, finishing near $3.73.
It was a rough week for the Corn Market but Corn futures continue...
U.S. Equities Ride Wave of Near-Record Economic Expansion
The equity markets showed little progress last week but closed out the first two months of the year with the strongest gains in more...
The Futures In Five: Stocks Push Higher Once More
The S&P 500 (INDEXSP: .INX) spread expiring today remains tighter than average at 18 points at the 2800 strike.
This leaves traders a 2782-2818 as...
The Futures In Five: In Like a Lion, Out Like a Lamb?
There is the potential for a reversal on the horizon with a bullish exhaustion move on futures.
S&P 500 futures are pointing to a strong...
The Futures In Five: Stock Market Volatility Compressing
The SPX spread expiring tomorrow is currently tighter than average -around 14 points at the 2795 strike. This leaves us 2781-2809 as our edges...
Best Buy Beats Earnings, Stock Price Looks Up
Best Buy's stock (NYSE: BBY) soared 16% Wednesday morning, after posting earnings, revenue, and same-store-sales that lifted the spirits of investors.
We see potential for further...
Stock Market Futures Test Upside and Downside Levels
Today's S&P 500 expiration spread is just 16 points.
Using the 2795 strike, that leaves us with a range of 2779-2806.
All eyes on those levels...
Dillard’s Stock (DDS) Surges On Earnings… Into Resistance
Dillard’s (NYSE: DDS) soared 22% on Tuesday morning, after the company posted earnings that beat Wall Street expectations.Â
However, the stock is now in a...
The Futures In Five: Stock Market Divergences Continue
In a textbook exhaustion pattern, traders pushed the stock market indexes higher and then collapsed prices into the deeper support region.
This lasted well into...
