Tag: stock chart analysis

CVS Stock Rallies On Growth Plans, Cycles Point Higher

CVS Stock "Weekly" Chart  Shares of CVS (NYSE: CVS) are in rally mode after the company delivered a compelling vision for how it plans to...

S&P 500 Futures Update: Are Interest Rate Cuts Real?

News of interest rate cuts seems to be fueling the rally attempt we are seeing. S&P 500 futures are trying to lift for the...

Stock Market Today: Oversold Rally Upon Us?

Stocks are getting pretty oversold here so traders should be on lookout for a near-term rally. Stock market futures are also pointing mildly higher on...

S&P 500 Futures Trading Outlook: Bounce Levels To Watch

News today is mixed as investors digest reports about Mexico and China trade talks / tariffs. As I mentioned last week, bounces into resistance have...

S&P 500 Correction Update: Price Supports vs Macro Concerns

It has been a rough month for investors. The S&P 500 Index fell 6.6% for the month of May, ending each of the four weeks...

S&P 500 Gaps Lower, Investors Should Watch 2722-36

Overnight tariff threats to Mexico have resulted in the S&P 500 Index gapping down under 2770 heading into Friday's session. It will be interesting to...

Abercrombie & Fitch Offers Weak Guidance, Stock Price Cycles Lower

Abercrombie & Fitch (ANF) Stock Weekly Chart  Abercrombie & Fitch (NYSE: ANF) sank 27% on Wednesday, after the company beat on earnings and sales but...

Treasury Bond Yields (Inverted Chart) Are Sending Bearish Message To Stock...

The relationship between stock prices and treasury bond yields is an important one. When the economy is doing well, corporate earnings are good, stocks typically...

Rio Tinto Boosted By Goldman Sachs, Stock Has Room To Run

Rio Tinto (RIO) rose by 1.5% on Tuesday after Goldman Sachs upgraded the stock to buy. We agree with Goldman. RIO has gained momentum this...

Crude Oil Decline Leaves Stock Market Feeling Hungover

There have been several analysts that have pointed out the decline in crude oil as being a bearish headwind for stocks. In fact, both Chris...

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