Tag "trading setups"

Market Futures Trading Update & Outlook – November 21

Stock Market Futures Considerations For November 21, 2017 The S&P 500 (INDEXSP:.INX) is trading higher on Tuesday morning as stock market bulls are enjoying a holiday rally. Check out my futures trading commentary and key price levels below. Note that you can access today’s economic calendar with a full rundown of releases….

Gold Chart Update (GLD): Back In A Trading Range

The last 2 months haven’t been kind to Gold bulls. The precious metal appeared to be breaking out in early September, but that breakout attempt failed miserably. Today we’ll take a look at the chart of the Gold ETF and provide an update. SPDR Gold Shares ETF (NYSEARCA:GLD) The Gold…

Small Cap Stocks: Time To Get Your Rally Caps On?

Small cap stocks tend to offer a bit more risk and reward. That equates to higher beta, which in turn tends to mean stronger returns when the broader market is healthy, and weaker returns when the broader market is in the doldrums. So where are we now?  Likely at an…

S&P 500 Futures Trading Outlook For November 20

Stock Market Futures Trading Considerations For November 20, 2017 The S&P 500 (INDEXSP:.INX) is trading slightly higher on Monday morning as bulls are hoping that holiday seasonality brings another market rally. Check out my futures trading commentary and key price levels below. Note that you can access today’s economic calendar with a…

S&P 500 ETF (SPY): 10 Insights For Traders This Week

The SPDR S&P 500 ETF (NYSEARCA:SPY) fell -0.2% last week but did show resiliency mid-week. That said, the S&P 500 has traded sideways for 4 weeks. Stay disciplined and tune out the noise – your process and strategy should keep you in your trades until it stops working. Stay alert…

British Pound Decline Set For Another Wave Lower

As the U.S. Dollar spent the past several years working upward in an impulsive wave, so too has the British Pound (CURRENCY:GBP) cross been declining impulsively. We believe both markets can travel further after the 2017 pullback structures are complete. Right now there might be an opportunity to catch a…

S&P 500 Futures Trading Outlook For November 17

Stock Market Futures Considerations For November 17, 2017 The S&P 500 (INDEXSP:.INX) is trading mixed on Friday morning as bulls and bears try to wrestle control of the tape. Bulls bought the dip again on Thursday, but can they push the market to new highs? Or will stocks pull back…

S&P 500 Futures Trading Outlook For November 15

Stock Market Futures Trading Considerations For Nov 15, 2017 The S&P 500 (INDEXSP:.INX) is trading lower on Wednesday morning as bears try to wrestle control of the tape. Bulls bought the dip for the past two days, but can they defend support levels once more. Or will stocks see a…

Caveat Emptor: Nvidia’s (NVDA) Stock Price Has Gone Parabolic

The last time Nvidia (NASDAQ:NVDA) came onto my radar was in 2016, when I highlighted a potential area for a correction. That level held Nvidia (NVDA) at bay for several months, but… It eventually exploded through that level and has since gone parabolic. Yes folks, Nvidia’s stock price is parabolic….

S&P 500 Futures Trading Outlook For November 14

Stock Market Considerations For November 14, 2017 The S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) are trading lower on Tuesday morning. Bulls bought the dip yesterday but they will now be forced to defend support levels once more. My futures trading levels and market commentary can be found below. Check out…