Banking Index (BKX) Bounces Off Critical Support Level
Considering the BREXIT noise and subsequent chatter about the banks and banking index, I thought we should take some time on the subject. What...
Putting The BREXIT-Fueled Move In Perspective
When the votes were tallied and the surprise outcome became apparent last week, equity indexes around the world began to fall precipitously (along with...
Global Divergence Warned Of Pullback In U.S. Bank Stocks
In May, Arun Chopra, CFA, CMT and I noted the following market divergence between U.S. bank stocks (XLF)Â and Deutsche Bank (DB).
We were concerned that...
Stock Market Futures Trading Outlook For June 28
Stock Market Futures Trading Outlook for June 28, 2016 – S&P 500 futures are in the process of bouncing off extended support regions and are...
3 Reasons Why This Stock Market Pullback Is Bullish
The 3 highlighted paragraphs below were sent out to subscribers right after the market close on Thursday. Little did I know just how powerful...
Wilshire 5000 Bearish Reversal May Signal A Trend Change
I started writing this piece on Thursday but didn’t finish it. It’s probably a good thing because it had a very different thesis than...
S&P 500 Futures Trading Outlook For June 24
S&P 500 Futures Trading Outlook for June 24, 2016 Â (ES_F)
The EU Referendum (Brexit) surprised the market with a Britain vote to exit the EU....
Tesla ($TSLA) Stock Nears Support As Sentiment Sours
There are a lot of opinions about Tesla’s offer to acquire SolarCity. There are potential conflicts of interest, and both companies are bleeding cash...
3 Reasons Why The Tesla-SolarCity Deal Looks Fugly
I’ve been posting some collaborations with Arun Chopra, a good friend who holds a CFA and CMT. Together, we have been blending longer-term fundamental...
BREXIT Vote To Clarify British Pound’s Next Move
As of this writing, we do not yet know the outcome of the Brexit vote. Even so, we expect the event to jostle the...
