Netflix Stock Pops On Citi Upgrade But Cycles Point Lower
Netflix (NASDAQ: NFLX) traded 6% higher on Friday morning, after Citigroup assured investors that Netflix stock still presents an opportunity.
Citigroup analyst Mark May upgraded...
S&P 500 Update: October Correction or Bear Market For Stocks?
Still at cabin, hunting quite difficult with 75 degree temps and humid. Rained all day today.
A cold front is coming in tomorrow so I...
Daily & Weekly Stock Market Charts Break Down: Monthly Next?
On the daily charts, the Russell 2000 IWM broke down on September 26th, when it closed below the 50 DMA and into a Warning...
The S&P 500 Shouldn’t Do This…
One of the most enjoyable parts of my career has been spending time with traders and investors with a wide variety of backgrounds. Each market...
Square (SQ) Tanks On CFO News, Stock Headed Lower Yet
Square (NASDAQ: SQ) traded 13% lower on Thursday morning, after its Chief Financial Officer announced that she would step down from her position.
Sarah Friar...
Central Banks: What’s The Meaning Of Accomodative?
Here are two statements from the Federal Reserve’s Federal Open Market Committee (FOMC) immediately following their interest rate decisions of August 1, 2018 and...
Here’s What the Market’s Plunge Protection Team Looks Like
On August 22nd, I wrote a blog called “Can the Market Live on Canned Rations?”
In it I wondered about the threat of the Transportation...
How Low Will Stocks Go? (U.S. Equities Trading Update)
The S&P 500 (NYSEARCA:SPY), NASDAQ 100 (NASDAQ:QQQ), and Dow Jones industrials (NYSEARCA:DIA) all selling off after breaking support of the last few days and...
The New NAFTA Deal (USMCA) And Potential Implications
It would appear the bark was worse than the bite. After months and months of tough talk, name-calling and threats of walking away from...
Breakout Tests In Play For Bond Yields, Stocks and Commodities
The financial markets are getting choppy. And for good reason.
Treasury bond yields, commodities, and stocks are all testing major resistance lines.
And more importantly, breakout...
