U.S. Equities Reversal Triggers Short-Term Sell Signals
The S&P 500 and NASDAQ 100 Indexes both reversed at important MOB band trading price targets. They also broke very short-term up-trends.
This prompted me...
Commodities Attempting To Breakout Above 6-Year Price Resistance!
I have written a lot about select commodities and the potential for breakouts across the commodities industry.
Recently, I have highlighted key inflection points for...
Pivotal Price Levels the Stock Market Must Hold Next Week
The past week's earnings have set the market stage with large tech companies such as Apple (AAPL), Google (GOOGL), and Microsoft (MSFT) beating earnings...
Why Nasdaq 100 Reversal Lower Wouldn’t Be A Surprise
Price is always the most important variable in any investment. Pretty simple, right?
Wrong, and even the best investors make mistakes in this regard. From...
Transportation Stocks Mired In Weakness… But For How Long?
All is not well in the land transportation stocks. Summer is here and the major stock market indices are trading near or at all-time...
Sector Rotation: What’s Working, What’s Not?
I’ve often told investors you should have three goals: identify trends, follow those trends, and anticipate when those trends are exhausted. So how does...
Stocks to Watch as the “Stay-At-Home” Trend Continues
Google (NASDAQ:GOOGL) recently joined the list of growing companies to postpone their back-to-work plans as the Covid-19 delta variant continues to spread.
Along with Google,...
S&P 500 Trading Pullback Should Prove Buyable
The S&P 500 Index may continue its pullback over the next 24-48 hours potentially reaching the 4340-4350 area on the cash index.
This would allow...
Momentum Stalls As U.S. Stock Market Nears Caution Zone
A number of stock market indices have seen 4% to 6% rallies off our MOB and Ellipse price support areas outlined last week.
Both the...
U.S. Stock Market Indices Remain Strong Despite Volatility
Stocks are trading sideways thus far this week due to the negative impact regarding COVID and news the Chinese are moving to clampdown on...
