S&P 500 Technical Support Update: Levels And Breadth
The past two months have seen several developments take shape that remind me of the February sell-off. I'm not saying that this pullback will...
Chart Flip: Is A Russell 2000 Breakout In The Cards?
From time to time I like to look at various markets from a different perspective, as I am always on the lookout for chart...
Twitter Upgraded To Overweight, Stock Battles Resistance
Earlier today, JP Morgan analyst Doug Anmuth upgraded Twitter (TWTR) to an overweight rating, raising his price target to $64/share. This was enough to buoy...
Why GoPro Stock (GPRO) Is Set For A Pullback
Wow, GoPro (GPRO) has been another amazing rocket ship post-IPO stock. Shares of GoPro stock have been on a continuous ride higher since the...
Crude Oil Drilled In Early Thursday Selloff
Light Sweet Crude Oil Futures (CL) for November delivery are trading aggressively lower Thursday morning to as low as $88.18/bbl, pushing the commodity -5.1%...
Chart: 10 Year Yield Falling Into Fibonacci Support
The 10 year yield continues to dip lower and is now in the 'meat' of Fibonacci support at 2.47%-2.43%. Only a break below 2.30%...
Emerging Markets Fall Sharply In September to Un-Remember
September wasn't kind to the Emerging Markets (EEM). After ripping higher throughout much of the summer, EEM has been punished by what appears to...
Will Palladium’s Price Drop Pull The NASDAQ Down?
There is something very broken with Palladium. The drop in price has accelerated into September and created one scary chart for traders. This shouldn’t...
Is The Russell 2000 Top In? Or Do Higher Targets Loom?
The Russell 2000Â (RUT) has been consolidating for the past several weeks in a wide range. And since the other major US equity indices have...
S&P 500 Technical Update: Lower Support Levels in Focus
The price action in the equity markets over the past few days has been choppy, to say the least. The S&P 500 (SPX)Â is trading...
