The important and highly followed transportation index is once again declining this morning. The iShares Dow Jones Transportation ETF (NYSE:IYT) is trading lower by $1.50 to $90.86 a share. The IYT has declined by over $10.00...
Read MoreThe U.S. Dollar Index is probably the most important chart that any trader can follow. This morning before the opening bell the U.S. Dollar Index futures (DX U1) traded as high as $74.91 per contract. Once the personal income...
Read MoreThis morning, the gold mining stocks are trading slightly higher on the trading session. The popular Market Vectors Gold Miners ETF (NYSE:GDX) is trading higher by 0.56 cents to $57.90 a share. Recently, the GDX rolled over on...
Read MoreThe major stock market indexes all sold off lower this morning after staging a sharp gap higher open. The catalyst for the stock market pop at the open was obviously the passing of a debt ceiling resolution in Washington....
Read MoreThe markets are lower on fear that the bill to raise the debt ceiling and cut spending will not pass this evening. Many politicians have come out publicly today voicing their displeasure with the bill. After a major gap higher...
Read MoreThe markets tumbled from a massive gap higher this morning. Last night, President Obama gave the nation the news. An agreement had been reached to raise the debt ceiling and cut spending. The S&P 500 futures spiked...
Read MoreThe major stock markets indexes have reversed and plummeted lower after the weak ISM report. All of the leading indexes are now trading lower on the trading session after starting the morning sharply higher. There are a few...
Read MoreThis morning, the major stock market indexes are trading higher after a debt ceiling resolution was announced yesterday. The debt ceiling deal still needs to pass a critical vote in the U.S. Congress. Many traders and investors...
Read MoreIf you read the past two weekly market reports you will have noticed that we featured extended stocks and their near term resistance areas. These reports included very good stock resistance levels for pullbacks. Take note of how...
Read MoreIf the United States government raises the debt ceiling it will face problems down the road. If it does not raise the debt ceiling it will have to face some problems right now. Is there really a point in having a debt ceiling at...
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