Goldman Sachs Stock (GS): Why $230 May Be A Brick Wall
One could argue Goldman Sachs (GS) is one of the most important financial institutions on the planet for a myriad of reasons. So, writing...
The Rotation Report: Bulls And Bears Face Off At Key Level For Stocks
The switch has flipped. Bulls are struggling to figure out what they are bullish about, while bears know exactly what they are bearish about. That...
Intermarket Divergences Highlight Risks For Equity Bulls
When major stock market indices begin following different paths, they can sometimes warn of turbulence ahead. This month, two high-profile U.S. stock indices rallied...
Stock Market Bulls At Critical Juncture; Watch VIX Volatility Index
Bulls 1, Bears 1. Thus reads the scorecard so far this week. Clearly, stock market bulls have work to do if they want to keep...
Goldman Sachs Stock: Wait For The Coming Pullback (GS)
I recall tweet replies of the unkind nature when I suggested that selling Goldman Sachs stock (GS) near $170/share (a hair above tangible book of...
Dow Jones Industrial Average (DJIA): Technical Chart Update
Similar to other major U.S. stock market indexes, the Dow Jones Industrial Average (DJIA) has been moving higher amidst a considerable amount of market...
Are Gasoline Prices About To Take Another Leap Higher?
RBOB Gasoline prices increased 69 percent from the January low, while Crude Oil only moved higher by 41 percent. The so-called boon to consumers...
The Rotation Report: Preparing For The Week Ahead
Well, it's time to hunker down and get ready for another week of market action. I hope you all enjoyed the long weekend! The...
Is The Russell 2000 Index Targeting New Highs?
The Russell 2000 Index (RUT) has received some attention lately as it is still beneath its April highs. However, from a technical perspective the Russell...
Chart Of The Day: German DAX Bounces Off Key Trend Line
Over the last two weeks, the German DAXÂ stock market index has tested and held its uptrend line from last October. Holding this trend line...