Gold ETF (GLD) Elliott Wave Forecast: Downside Move Underway
We haven't written about gold prices for more than a year because for us there weren't any high-confidence forecasts of trending moves. The market...
Futures Rise, but Stocks Have Little Margin for Error
Stocks are pointing higher once again, as the S&P 500 (SPY) and Nasdaq 100 (QQQ) are positive in pre-market. And similar to days past,...
Walgreens Posts Weak Earnings and Guidance; Stock Price Continues Lower
Walgreens (NYSE:WBA) fell 12% on Tuesday after the company posted earnings that missed Wall Street expectations.Â
Our outlook remains negative for Walgreen's stock (WBA) into...
Stock Market Today: Look Out for the Bulls-Dozer!
The stock market was mixed on Tuesday as investors digested some of the recent gains. The S&P 500 (SPX) finished flat, the Dow Jones...
These Two Nasdaq 100 Charts Have Tech Bulls Dancing
Technology stocks have been the undisputed leader of the 2019 stock market rally.
The Nasdaq 100 is now within reach of its all-time highs set...
Tech Stocks Lead Market Surge Into Early April
The S&P 500 (SPX) finished flat but did achieve a 5-month intraday high along the way. It has a strongly bullish intermediate posture according...
Crude Oil Rally Targets $64, Seasonality Bodes Well for Energy Equities
Crude Oil "daily" Chart
I wanted to share a few thoughts on WTI Crude Oil and where prices may be headed over the near-term.
Higher. ...
Is the Stock Market Rallying in All the Wrong Places?
We laid out three scenarios last night for the stock market.
Here they are:
-The Transportation Sector ETF (IYT) clears that high and the Russell 2000...
Emerging Markets Investment Outlook: Not Now, Thanks
The marketing spin on why you should invest in Emerging Markets (EM) is compelling. These countries are growing faster than developed economies, a trend...
S&P 500 Index May Reach 3040 IF This Happens
The US stocks market is currently following our projected path higher.
Today we provide a few thoughts on the S&P 500 along with price...