Tag "s&p 500"

U.S. Equities Outlook: Indicators Lean Bullish Into Year End

The Weight of Evidence Offers Bullish Message For S&P 500 (INDEXSP:.INX) Into Year-End Highlights: Central Bank Patience Could Be Tested Global Economy Providing Upside Surprises Seasonal Patterns Argue For Fourth Quarter Strength Market Breadth Trends Show Improved Rally Participation Improving seasonal patterns have shifted the overall weight of the evidence from…

Stock Market Update & Weekly Trend Outlook – Week 43

THE BIG PICTURE The major stock market indexes moved higher yet again last week and remain in strong uptrends. Although we are overbought and overdue for a pullback, the best thing for traders to do is follow the price action and avoid getting caught up in the noise and anticipating…

Around the World: 5 Macro Themes I’m Watching

With stocks pushing higher and the world on edge politically, there’s a lot of news / noise out there. So it’s always a good idea for investors to “ground” themselves in some macro themes and considerations that are present in the marketplace. Here’s a look at 5 themes I’m watching…

S&P 500 Trading Update: Into Thin Air

S&P 500 Trading Outlook (2-3 Days):  Watching for signs of price reversals from gains on Friday and into Monday. The S&P 500 Index (INDEXSP:.INX) held where they needed to Thursday morning allowing for another rally to take shape. The budget resolution pass resulted in treasury yields spiking while S&P 500 futures (ES)…

Stock Market Trading Update: Signs Of A Top

Wednesday was an interesting day in the financial markets, to say the least. While the Dow Jones Industrial Average (INDEXDJX:.DJI) was up solidly (0.7%), the NASDAQ 100 (INDEXNASDAQ:NDX) was down (0.13%). Despite the headline glitz of the Dow Jones smashing through 23K to new all-time highs, just 16 of the 30…

Bull Market Cycle Update: 3rd Longest Expansion On Record

The current market cycle started back in early 2009 and has been chugging along for over 8 years. While it has not been smooth sailing as both Europe and Japan briefly dipped back into recessions earlier in the recovery, the recovery has nonetheless plodded along, healing the wounds from the…

U.S. Equities Update: Stock Indicators and Market Drivers

The equity markets pushed higher last week with the S&P 500 (INDEXSP:.INX) and Dow Jones Industrials (INDEXDJX:.DJI) gaining about 50 basis points.  And early this week, it’s more of the same. More important, the broader stock market is gaining significant relative strength to suggest that any near-term weakness that might develop…

Low Rates / Inflation Provide Fundamental Tailwind For Stocks

  Lower Rates Longer When interest rates are low and economic data is improving, stocks and the S&P 500 (INDEXSP:.INX) typically get an added opportunity-cost boost relative to bonds. From The Wall Street Journal: “Leaders of the world’s largest central banks indicated that weak inflation in advanced economies could prolong the post-crisis…

S&P 500 Futures Trading Outlook For October 17

Stock Market Trading Considerations For October 17, 2017 The S&P 500 (INDEXSP:.INX) continues to grind higher in morning trade. Will this consolidation break higher once more… or roll over? Pay attention to key price pivots (support and resistance) for today (below). Check out today’s economic calendar with a full rundown of releases. And…

U.S. Financial Market Update: Investors Embrace Rising Rates

Looking back over the past month or so, we’ve seen the Federal Reserve raise interest rates for the second time in a year, and Congress fail to repeal or replace Obamacare. The stock market could have interpreted both as negatives. However, instead of seeing rising interest rates as a threat…