|
|
Chris Ciovacco: Every comment made below needs to be taken in the context of possible Fed action. The Fed will most certainly do something in response to the recent weakness in the markets and deterioration in the economic data. The Fed is due to release their next formal statement on Read more…
Global X, one of the fastest growing ETF issuers in the world, announced further proposals to expand its lineup last week with an SEC filing for five new ETFs. The proposed products look to give investors access to highly specialized corners of the market, following in the footsteps of funds such Read more…
Although the economy still remains shaky thanks to debt worries in the U.S. and Europe, earnings season has started off pretty well for a number of companies. Apple thoroughly crushed estimates again after the bell on Tuesday while companies in the health care and banking segments have also Read more…
Markets gapped down yesterday and held the last line of defense. SPY’s held the 129.63 level, which was the 61.2% retracement level of the rally that took place from the lows to the recent July highs. This was also the break out retest of the lower pivot area that took Read more…
The Dow transportation index quietly hit an all-time high of 5,627 on Thursday. Should this inspire caution or excitement? Read more…
Monday was a very difficult day for Wall Street. Stocks got pummeled yesterday as volume increased. All five major indices closed decisively lower and near session lows. The market was under duress for most of the day. The small-cap Russell 2000 (NYSE:IWM), S&P MidCap 400 Read more…
The second week of June is now in the books, and recent sessions were welcome relief to investors who had become accustomed to watching stocks and commodities plunge across the board. Most major benchmarks finished the week flat as worries over Greece and a debt contagion in Europe Read more…
My most recent analysis regarding the S&P 500 (NYSE:SPY) has been proven to be inaccurate as a failed breakout has transpired on the S&P 500 this past week. While there is no such thing as a Read more…
Monday was a good day for Wall Street. Stocks advanced sharply on a massive, late day surge in volume. By the closing bell all five major indices were up by 1.0% or more. Technology led the Read more…
J.W. Jones: Before discussing why I think the S&P 500 (NYSE:SPY) may be setting up to rally I have to discuss an options strategy that often times is overlooked. Besides writing covered calls Read more…
Although stocks rose modestly to start the day, they soon faltered, tumbling again in Tuesday trading. As a result, the Dow (NYSE:DIA) finished the day down 25 points while the S&P Read more…
Tim Seymour: The Dow transports have been cited as a reason to be bullish about the global economy. But there may not be much to cheer in the next few months. Read more…
Stocks finished strong for the second consecutive day on increasing volume. The tech rich Nasdaq led the advance by posting an impressive 1.4% gain on the session. Yesterday’s move in the Nasdaq Read more…
This week has been rough on markets, as a series of disasters caused by a major earthquake in Japan has dragged down equities across the world. The earthquake was one of the strongest Read more…
Many readers might remember that exactly two years ago the S&P 500 tagged the infamous 666 price level before putting on a monster 2 year rally that saw it surge over 100% to the February Read more…
Most Comments