Tag "crude oil"

S&P 500 Futures Trading Outlook For June 28, 2017

S&P 500 Futures Considerations For June 28, 2017 The S&P 500 (INDEXSP:.INX) declined into deep price support overnight and is now bouncing higher. Below are key levels to watch today. Check out today’s economic calendar with a full rundown of releases. S&P 500 Futures (ES) Yesterday’s charts faded into the breakout zones…

Crude Oil Market Review And Outlook For 2H 2017

This post was written with Chris Kerlow of Richardson GMP. Crude Oil: A lot Can Change In Just 3 Years… In the 1st half of 2014, the outlook for oil was bright. Prices were rising, companies were investing and free cash flow was gushing. The good times were expected to…

S&P 500 Futures Trading Outlook For June 27, 2017

Stock Market Trading Considerations For June 27, 2017 Stocks are trading mixed heading into Tuesday’s session. After opening higher yesterday, the S&P 500 (INDEXSP:.INX) reversed lower. It will need to find support today before it can bounce. Check out today’s economic calendar with a full rundown of releases.  And note that the…

S&P 500 Futures Trading Outlook For June 26, 2017

Stock Market Futures Trading Considerations For June 26, 2017 Traders are resuming bullish control as the S&P 500 (INDEXSP:.INX) opens the week above price levels that used to be resistance. How much higher can bulls push the market? See the charts and analysis below. Check out today’s economic calendar with a full…

Stock Market Futures Trading Update: Bulls & Bears Collide

S&P 500 Futures Trading Considerations For June 23, 2017 The battle lines are drawn on the S&P 500 (INDEXSP:.INX) and traders are competing for power across these price lines (support/resistance).  We’re pretty much landlocked until either buyers or sellers win out. Check out today’s economic calendar with a full rundown of releases….

Crude Oil Trading Outlook Across Multiple Time Frames

In a recent edition of the Weekly Macro Themes report I talked about the likelihood of further short-term downside in the oil price based on a few factors. However this is a tactically bearish view and our view is that oil will go higher over the medium term as the market slowly…

Nasdaq Futures Trading Outlook For June 22

Stock Market Futures Trading Considerations For June 22, 2017 Landlocked trading on the Nasdaq (INDEXNASDAQ:.IXIC) was the hallmark of yesterday. With generally sideways momentum, pullbacks will likely see buyers, delivering a lower high. Sellers are definitely present, though. Check out today’s economic calendar with a full rundown of releases.  And note that the charts…

S&P 500 Trading Update: Targeting New Highs Into Next Week

S&P 500 Trading Outlook (2-3 Days): Bullish Yesterday’s pullback on the S&P 500 (INDEXSP:.INX) failed to do much technical damage. I believe it’s still right to remain long here, expecting a move up into Expiration and/or early next week to 2455 (low end) / 2475 (high end). Until prices move…

Stock Market Futures Trading Update: June 21, 2017

Stock Market Futures Trading Considerations For June 21, 2017 The S&P 500 (INDEXSP:.INX) took a hit yesterday as sellers pushed the market to lower support levels.  However, this pullback is finding buyers as we start the morning trading session. Check out today’s economic calendar with a full rundown of releases.  And note…

S&P 500 Futures Trading Outlook For June 20

Stock Market Futures Considerations For June 20, 2017 Late Monday afternoon we saw buyers come in and the S&P 500 (INDEXSP:.INX) surged past resistance levels. The charts pushed to new highs on S&P 500 futures (ES) and the S&P 500 cash index. Check out today’s economic calendar with a full rundown of…