Market Set To Test Major S&P 500 Fibonacci Extension Level
Last week, investors watched the S&P 500 grind higher, pushing the index into unchartered territory: the land of all time highs. And with the major...
SP 500 Correction Ahead? Putting Recent Pullbacks In Perspective
Over the past few months, the stock market has seen a few swings. This shouldn't come as a big surprise. Back in August of...
Why Crude Oil Production and Prices Do Not Bode Well For Stocks
As I mentioned in my weekly market commentary, the stock market’s bull case is that oil has bottomed. Never mind that the Bull’s case...
Why Home Depot’s Stock Has Been So Strong
Although the US economic recovery has been anything but vibrant, there are plenty of fundamental reasons to give for the recent strength in Home...
Global Market Trends: Why Deflation Is Still A Concern
Over the last two weeks the US Equity markets have rallied to new all-time highs. At the same time we have seen the yield...
Gold Ends Higher: Will GLD Reversal Set Up A Tradable Rally?
Gold futures dropped sharply this morning, hitting a low of 1197 and taking the Gold ETF (GLD) down with it. In the process, GLD broke...
Is The Consumer Ready To Make a Comeback In 2015?
Unfortunately, the body of economic evidence over the past 5 years would lead most (including myself)Â to say "probably not". And this would likely be...
Baidu (BIDU) 4Q Earnings May Be Catalyst For Next Stock Move
Chinese web company Baidu (BIDU) reports 4th quarter earnings overnight. And it should be an important report for the company's intermediate-term direction. According to...
Tesla Earnings (TSLA) Preview: Tensions Running High
As earnings season winds down, there are still some big names left to report. After the bell today, Tesla Motors (TSLA) will report earnings. According...
Will 50 Day MA Halt iShares Real Estate ETF (IYR) Pullback?
Over the past two weeks high yielding securities have come under pressure and Real Estate Investment Trusts (REIT’s) have not been exempt. As seen...