Japanese Yen ETF: Elliott Wave Forecasting Breakdown?
Our June 2019 chart for the CurrencyShares Japanese Yen Trust NYSEARCA: FXY showed the fund testing resistance at 89.24.
We also said it could test the next...
How Long Will The Rally In U.S. Equities Last?
The S&P 500 Index has pushed above 3151 and this helped to kick in the algos and a strong rally.
The broad stock market...
NYSE Composite Elliott Wave Price Targets for Stock Market Top
Our previous two posts showed how the S&P 100 Index INDEXCBOE: OEX and the iShares Russell 2000 ETF NYSEARCA: IWM both appear to be tracing through the...
Stock Market Today: US / China Trade News Phase One
Word of a potential "phase one" trade deal with China sent U.S. stocks higher on Thursday. China trade news has kept investors guessing for...
Emerging Markets (EEM) Breakout Bullish Into Year-End
Not too much meaningful price action in either direction into and/or post FOMC yesterday.
Yet, US treasury yields fell sharply, as did the US...
Stock Market Rally Stalls Out, But Trading In No Man’s Land
S&P 500 Index Trading Outlook (3-5 Days)- No conviction
The rally stalled out near former highs but with no real technical damage (as of yet). See...
U.S. Stock Market Resilient, As Price Trends Remain Bullish
The S&P 500 Index INDEXSP: .INX fell 0.11% today but continues to have a bullish intermediate posture.
The Russell 2000 Index INDEXRUSSELL: RUT managed to...
U.S. Equities Outlook: Cyclical Strength Emerges Amid Ongoing Uncertainty
“What gets us into trouble is not what we don’t know. It’s what we know for sure that just ain’t so.” –Mark Twain
2019 has...
Is Freeport McMoRan (FCX) Making A Run For the “Gold”?
Mining company Freeport McMoRan NYSE: FCX is enjoying the tailwind from a strong year for gold and silver prices. And although Copper prices are...
Stock Market Update: Economy / Jobs Report Give Stocks A Lift
Stock Market Outlook
The Labor Department reported last week that the U.S. economy added 266,000 new jobs in November, well above the 188,000 that economists...
