Lumber Price Correction Nearing Trend Line Support
Lumber is a major input in our economy, serving as a signal of growth as well as inflation.
After a quick 25% correction in the...
S&P 500 Trading Analysis and Outlook For July 26
Broad Stock Market Trading Overview for July 26, 2018
If you look at the Nasdaq futures chart in the blog yesterday, you will see the commentary...
UPS Stock Higher On Strong Earnings, Outlook Positive
United Parcel Service (NYSE:UPS) traded 3% higher on Wednesday morning, after posting earnings that beat Wall Street expectations.
The company reported earnings per share of...
The Stock Market’s Unrequited Love (July 24 Trading Recap)
Tuesday saw the major stock market indices reverse course... then try to score a late day save.
Let’s review key price levels and themes:
S&P 500...
Google Up 4% After Earnings, But Market Cycles Point To Pullback
Alphabet (NASDAQ: GOOGL) traded 4% higher on Tuesday morning, after posting earnings that beat Wall Street expectations after accounting for a $5 billion fine.
The...
Is Coffee Setting Up For A Summer Counter-Trend Rally?
The last 2 years have not been kind to Coffee, seeing spot prices decline almost 40%.
The decline has Coffee testing a pretty important band...
Skechers Declines On Earnings, Market Cycles Indicate More Pain
Skechers stock (NYSE:SKX) traded -27% lower on Friday morning, after posting earnings below estimates and lowering guidance.
The company reported earnings per share of...
S&P 500 Trading Update: Sellers Make An Appearance
Broad Stock Market Futures Overview for July 19, 2018
Sellers are finally showing up as support areas on the S&P 500 Index (INDEXCBOE:.INX) and Nasdaq Composite...
Market Update: Are Investors Earnings Expecations Too High?
Investors are turning their focus to second-quarter earnings reports that will continue to flow this week.
They will soon find out if a strong two...
Corn Futures Trading Outlook (July 16): All Eyes On Soybeans
September Corn Futures closed down 19 cents per bushel last week (week on week), finishing at #3.41.
Corn Bulls are feeling the heat here... time...
