Investor Uncertainty: Elections, Interest Rates, and Trade Disputes
The equity market rallied from an oversold condition last week with the S&P 500 Index, Dow Industrials, and NASDAQ gaining more than 2.00%.
Small-cap stocks,...
Weighing the Crude Oil Decline and Select Energy Sectors
One of the big standouts in the month of October was the decline in crude oil and energy stocks.
All of a sudden, good charts...
Tech Wreck: Can Semiconductors Climb Out of the Hole?
There has been some deterioration across the Technology Sector over the past several weeks.
And although this may be a sector to rotate out of...
Dow Transports (IYT): Triple Support Test In Play!
A swift 30 point drop (nearly 15%) from mid-September through the end of October has the Transportation Sector (NYSEARCA: IYT) testing important long-term support.
The...
S&P 500 Trading Forecast: Correction Risks Remain For Stocks
Stocks edged higher last week, but the market is still looking and feeling quite uncertain.
Risk is still elevated and we expect and another pullback...
Weekend Market Outlook: Stock Bulls Eyeing More Upside
The S&P 500Â (NYSEARCA:SPY) is starting an expected near-term pullback.
Near-term runs (blue line on Market Forecast indicator) above the 50th percentile are shorter when the intermediate...
Off With Whose Heads… Stock Market Bulls or Bears?
A little background on how I find inspiration to write the Daily each day.
It begins with my taking a photograph with my iPhone of...
China ETF (FXI) and Equities Are Bottoming: Time To Buy The Dip
The iShares China ETF (NYSEARCA: FXI) may be bottoming and should offer good risk/reward for traders here.
Bottoming processes take time but appear to be...
S&P 500 Outlook: Can Seasonality Stave Off Market Correction?
U.S. Stock Market - Key Takeaways:Â October weakness is contributing to the deterioration in index-level trends.
Historical seasonal patterns are improving, but investors need to...
Apple’s Stock Declines on Weak Guidance: Pullback Targets $200
Apple (AAPL) traded 6% lower on Friday morning, after posting earnings that beat Wall Street expectations.
We believe this downside risk for Apple’s stock price...