The Futures In Five: Stocks Push Higher Once More
The S&P 500 (INDEXSP: .INX) spread expiring today remains tighter than average at 18 points at the 2800 strike.
This leaves traders a 2782-2818 as...
The Futures In Five: In Like a Lion, Out Like a Lamb?
There is the potential for a reversal on the horizon with a bullish exhaustion move on futures.
S&P 500 futures are pointing to a strong...
The Futures In Five: Stock Market Volatility Compressing
The SPX spread expiring tomorrow is currently tighter than average -around 14 points at the 2795 strike. This leaves us 2781-2809 as our edges...
Best Buy Beats Earnings, Stock Price Looks Up
Best Buy's stock (NYSE: BBY) soared 16% Wednesday morning, after posting earnings, revenue, and same-store-sales that lifted the spirits of investors.
We see potential for further...
Stock Market Futures Test Upside and Downside Levels
Today's S&P 500 expiration spread is just 16 points.
Using the 2795 strike, that leaves us with a range of 2779-2806.
All eyes on those levels...
Dillard’s Stock (DDS) Surges On Earnings… Into Resistance
Dillard’s (NYSE: DDS) soared 22% on Tuesday morning, after the company posted earnings that beat Wall Street expectations.Â
However, the stock is now in a...
The Futures In Five: Stock Market Divergences Continue
In a textbook exhaustion pattern, traders pushed the stock market indexes higher and then collapsed prices into the deeper support region.
This lasted well into...
Nasty Topping Pattern Could Take Stock Market Lower
If a picture of the Russell 2000 (IWM) says 2000 words, then Monday’s potential stock market topping pattern could say a lot more.
See the...
U.S. Equities: Indicators Add Up To Neutral Rating
Stocks and the economy in the U.S. sit at a veritable crossroads.
In approaching resistance near 2800 (the level at which the October and November...
The Futures In Five: Negative Divergence On Radar
Strong buyers remain in the mix this morning as probabilities of upside action remain steady.
Pullbacks will continue to be buying zones... until they...
