OIH Forming Bullish Technical Chart Pattern (OIH)
The Oil Service HOLDRs ETF (NYSEArca:OIH) has been beaten down over the past few months, but I believe it is starting to form an Read more…|
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The Oil Service HOLDRs ETF (NYSEArca:OIH) has been beaten down over the past few months, but I believe it is starting to form an Read more…
The SPDR S&P 500 ETF (NYSE:SPY) was as high as $130.88 pre-market, but it was a classic case of buy the rumor after the Greek austerity deal passing became official. SPY it traded as low as $129.70 before rallying. It was a nice short the open for a trade, although I am still short some SPY. Several groups have provided the impetus for this market to hold itself together. The banks have been strong after Read more…
Stocks ended the session modestly lower yesterday on mixed trade. All of the major indices lost ground on the session. Once again the small-cap Russell 2000 (NYSE:IWM) demonstrated the most Read more…
US stock futures point to a slightly higher open Thursday after a surprisingly swift two-day bounce has taken the S&P back into resistance at its 21-day moving average. The market had been heavy over the last two weeks, pulling in sharply after briefly making new multi-year highs. Heavy selling in the Read more…
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