The SPDR S&P 500 ETF (NYSE:SPY) is hitting a double top from September 20th, 2011. This high was $121.90 and has now been officially tagged. This hit is coming after close to a 13% bounce in the market from just one week...
Read MoreThe markets are higher again. The SPDR Dow Jones Industrial Average ETF (NYSE:DIA) is trading at $115.28, +1.27 (+1.11%). Last Tuesday, the DIA traded at a low of $103.84. It has been an impressive move higher but is it...
Read MoreThe leading retail stocks have surged higher over the past week. The Retail Holders Trust (NYSE:RTH) has gained over $10.00 since the October 4, 2011 pivot low. The RTH will be coming into important daily chart resistance around...
Read MoreAs we all know, the major stock indexes have surged higher since October 4, 2011. On that date the S&P 500 Index e-mini futures (ES Z1) undercut the August 9, 2011 low before staging a massive rally in the final 45 minutes...
Read MoreAfter the markets had a one week run of 12%, today is a quiet pause day. All eyes continue to be on Europe but will soon be watching earnings from big players like Alcoa Inc. (NYSE:AA), JPMorgan Chase & Co. (NYSE:JPM) and...
Read MoreThe defense companies have rallied along with the major stock market indexes over the past week. These stocks will often rely on military contracts as a major part of their revenue stream. While these stocks have staged a sharp...
Read MoreThe oil services stocks have moved up sharply since the October 4, 2011 pivot low. At that time, the Oil Services Holders Trust (NYSE:OIH) traded as low as $95.00 a share. This morning, the OIH is trading higher $2.00 to $116.80...
Read MoreNormally, after a large rally or decline the next trading session is much more subdued or quiet. Yesterday, the stock markets surged sharply higher with the Dow Jones Industrial Average gaining over 300.00 points by the end of...
Read MoreThis afternoon, the major stock indexes are soaring sharply higher. The light volume and the falling U.S. Dollar Index are creating the perfect elixir for a strong stock market. Traders and investors should also take note that...
Read MoreThe stock market is surging again. Gains sit at over 10% in the last week. This euphoric move in the markets has been on continued talk about a European bank recapitalization plan. This plan is said to mirror TARP in the U.S in...
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