Tag "trading setups"

Is Microsoft’s Stock (MSFT) Running Out Of Upside?

My last article on Microsoft (MSFT) discussed how its stock price was closing in on a cluster of “major” price objectives. My blog has been following Microsoft’s stock price patterns since the low in 2009.  If you click the link and read to the bottom you’ll find the pattern/geometry that ‘caused’ the…

Dow Transports ETF (IYT): A Bullish Setup Into Year-End

The transportation sector should provide some decent trading opportunities in coming months. We are particularly interested in the Elliott wave pattern we believe is emerging for the iShares Transportation Average ETF (NYSEARCA:IYT). This post offers some thoughts about how to trade the Dow Transports ETF (IYT) from a bullish perspective….

S&P 500 Futures Trading Outlook For July 26

Stock Market Futures Considerations For July 26, 2017 The S&P 500 Index (INDEXSP:.INX) is bumping its head up against overhead price resistance.  A pullback to support may be in the cards before any sort of breakout can occur.  See key futures trading levels below for the S&P 500, Nasdaq, and…

S&P 500 Futures Trading Outlook For July 25

Stock Market Futures Considerations For July 25, 2017 The S&P 500 (INDEXSP:.INX) is pointing higher and trying to push through key resistance levels. A key toggle for S&P 500 futures will be 2474.75. More levels across the futures markets are highlighted below. Check out today’s economic calendar with a full rundown of…

Treasury Bond Rally (TLT) Runs Into Key Price Resistance

A couple weeks ago, I wrote that I was looking for a bond market rally to short. Particularly on the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT). Well, that treasury bond rally came.  And an opportunity for savvy traders may be presenting itself. Looking at the chart below, you can…

Stock Market Futures Weekly Trend Outlook (July 24)

THE BIG PICTURE The major stock market futures indices made new highs in week 29. And all except Dow Jones Futures (YM) closed above the weekly open.  And the S&P 500 (INDEXSP:.INX) highlighted the broad market strength by pushing higher.  An uber-calm VIX, though, should keep traders on their toes….

S&P 500 Futures Trading Outlook For July 24

Stock Market Futures Trading Considerations For July 24, 2017 The S&P 500 Index (INDEXSP:.INX) enters Monday’s trading session near overhead resistance. This may limit upside today. See futures trading levels for the S&P 500, Nasdaq, and Crude Oil below. Check out today’s economic calendar with a full rundown of releases. And note that…

What The VXST:VIX Volatility Ratio Is Saying About Stocks Now

With the lack of a buyable stock market dip dominating the financial news (see: WSJ’s “Markets’ Steady Climb in 2017 Defies Historic Odds“), many traders are waiting for an opportunity to enter the market on the long side and participate in what is shaping up to be a low volatility…

Futures Trading Outlook For Friday: S&P 500, Nasdaq, Crude Oil

Stock Market Futures Trading Considerations For July 21, 2017 The S&P 500 (INDEXSP:.INX) made new highs once more yesterday… but the broad market index is vulnerable to a pullback.  Any failed retests will likely give way to a move lower (and into deeper support levels).  See key futures trading levels…

S&P 500 Trading Update: Overhead Price Resistance Looms

Stock Market Futures Trading Considerations For July 20, 2017 The S&P 500 Index (INDEXSP:.INX) is set to open slightly higher but traders should note the overhead resistance levels that may stall this move today. Key futures trading levels and analysis are located below for the S&P 500, Nasdaq, and Crude…