Stock Market Outlook And Technical Review: Optimism Grows
What We Are Watching
This Week's Stock Market Outlook:
Indexes Challenging Downtrends, Resistance – As the October stock market rally has expanded, price and momentum downtrends...
Google (GOOGL) Beats Earnings: Higher Price Targets In View
Alphabet, Inc. (GOOGL), formerly known as Google, Inc., crushed earnings last night and the stock surged. Alphabet's big earnings beat also signaled another wave...
Is The US Dollar ETF (UUP) Ready To Trade Higher?
While we believe the US Dollar Index (DXY) is destined to climb higher during the next few years, it appears still to be working...
Could This Buy Pattern Spur A US Steel Stock (X) Rally?
There's no denying that US Steel (X) has been a dog. It's stock price has been crushed and most are likely steering clear of...
Can Google Stock (GOOGL) Break Out Above Resistance?
By any standard, Google stock (Alphabet - GOOGL) has had a pretty good year. But perhaps when you factor in the August meltdown, it...
US Stock Market Nearing Pivotal ‘Make Or Break’ Moment
With the recent rise in stocks, the major stock market averages have begun digging their way out of the red. From the September low,...
Bank Stocks Shrug Off Earnings To Test Key Resistance
Stocks of major U.S. banks and brokers are behaving in a way that shorts are probably not very happy with. Question is: Should they...
Is The S&P 500’s 50 Day MA Trying To Tell Us Something?
Ongoing Debate: Correction Or New Bear Market?
No one knows where the stock market is headed next. However, we can use charts to help us...
Weekly Stock Market Review: Higher We Go?
Another Options Expiration is over and a tricky week for many as most were positioned for the next leg lower. A break of 200 on the...
Dow Jones Industrials Back To Key Pivot Resistance This Week
I recently heard Art Cashin on CNBC talking about the importance of the 400 day simple moving average. Note that this is roughly the...