Tag "stock chart analysis"

Trading Update: Market Insights & 6 Stocks I Own

As mentioned in my last two posts, I am long several stocks with 50% allocations for each as of today. Those stocks are Merck (NYSE:MRK), Halliburton (NYSE:HAL), 20+ Year Treasury Bond ETF (NASDAQ:TLT), Baxter International (NYSE:BAX), Abbott Labs (NYSE:ABT) and JetBlue Airways (NASDAQ:JBLU). On Jan 30th I had been long Freeport…

Stock Market Futures Trading Outlook For February 24

S&P 500 (INDEXSP:.INX,) Market Considerations For February 24, 2017 S&P 500 futures have dipped into important levels of support that are being tested at present.  I’m looking for a bounce that potentially gives us lower highs.  Bounces today might have a tough time holding. Buying pressure will likely strengthen above a…

S&P 500 Topping Update: Chasing Is A Dangerous Business

S&P 500 Futures Overview The S&P 500 continues to march upward to new record highs and unchartered territory. BUT this is not the time to join the euphoria and to disregard your risk management techniques. The current price of 2350 is only 50 points higher than my projected target discussed in my…

S&P 500 Futures Trading Outlook For February 23

Stock Market Trading Considerations For February 23, 2017 The S&P 500 (INDEXSP:.INX) has flattened out a bit but still holds momentum. This suggests that market pullbacks will still provide solid opportunities to move in the prevailing upside trend. Price levels remain the same as yesterday.  Federal Reserve minutes speak showed a hesitancy on…

Chart Spotlight: Is Inflation Lurking Around The Corner?

Monitoring Inflation I was scanning through some charts today and found something that I found quite amazing in regard to inflation expectations. The chart below depicts the spread between the ten-year U.S. breakeven minus the five-year U.S. breakeven inflation rates. What are inflation breakevens? These indices are calculated by subtracting…

Inside The Markets: 5 Charts For Active Investors (February 22)

It’s time for another round of macro technical charts as investors attempt to weigh the risk to reward ratio across several markets (including stock market indices, sectors, individual commodities, currencies, bonds, and other benchmarks and market indicators). This chart review will look at 5 charts with important technical price developments.  Even if you’re not…

Stock Market Futures Trading Outlook For February 22

S&P 500 (INDEXSP:.INX) Considerations For February 22, 2017 Bullish action still holds with higher support today. We tested a new high and pulled back a bit, but charts hold steady.  Caution with breakouts are still advised and looking to support zones to initiate longs remains the best bet for risk averse trading. Buying pressure will…

Crude Oil Price Compression: A Big Move Is Coming

We have an oil market in indecision. Indecision = compression. Crude oil price compression is building energy for a big move. There a variety of influences at play in the crude oil market: (i) with Permian-mania as a new swing producer (quick production switch back on and total production costs…

Major Bear Market Indicator Back To Neutral For Now…

Investors: Keep An Eye On The Credit Markets In a recent edition of the Weekly Macro Themes we looked at one indicator that has in the past served as a bear market warning for the S&P 500 (INDEXSP:.INX):  The Fed SLOOS (Senior Loan Officer Opinion Survey). Prior to the dot-com bust, and the…