Tag: trading setups
Stocks Creep Higher as Undecided Traders Become Buyers
The stock market rally continues on Wednesday November 28 as undecided traders hit the buy button.
This bounce is taking shape after several retests of...
Stock Market Futures Rally Stalls as Traders Fade the Bounce
The early week rally saw S&P 500 futures falter after testing overhead resistance at 2681.5.
Traders lack conviction here which tells me that bounces will...
Stock Market Outlook (Video): Credit Tightens, Correction Lingers
When credit tightens, the markets respond in kind with less to invest. We've seen that happen in the latest cycle of weakness.
Stock market futures...
Stock Market Futures: Fast Moves Can Turn Into Failed Moves
Traders are holding support near higher lows (S&P 500 futures), but are clearly in a space for decisions to be made.
There are thin volume...
S&P 500 Trading Update: Fed Day (Support and Resistance)
S&P 500 futures are drifting lower on Thursday as traders take profits after Wednesday's big rally.
The Federal Reserve concludes its 2 day meeting today...
Stock Market Futures Rally Toward Post-Election Price Targets
Traders are using the election as a catalyst to push higher prices on the S&P 500 and Nasdaq futures.
That said, we are seeing some...
Stock Market Outlook (November 2): Selling Good News
The S&P 500 held support early this morning setting up the rally into the jobs number.
But the market has been selling good news so...
Stock Market Futures Rally But Payrolls and Unknowns Lie Ahead
Stocks are rallying again on Thursday, but upside may be limited by what lies ahead...
Particularly, Non-Farm Payrolls (NFP), the US mid-term elections, and news/trading...
Under Armour (UAA) Smashes Earnings, Headed To 52-Week Highs
Under Armour stock (UAA) is trading over 20% higher on Tuesday after posting earnings that doubled Wall Street expectations.
The apparel company reported earnings per share...
Stock Market Futures Trade Higher Into Overhead Resistance
Cross currents abound as stock market futures try to hold support and rally.
But there's a lot of resistance overhead to watch. Old support has...