This morning, the U.S. Dollar Index has declined sharply since the opening bell rang at the New York Stock Exchange(NYSE). By now, we should all know when the U.S. Dollar Index declines the major stock market indexes will...
Read MoreThe large major banks are catching a bid higher this morning. This leading industry group has been very weak recently on the daily charts. Therefore, when the large major financial banks rally higher it is very difficult to see...
Read MoreThis morning, the S&P 500 e-mini futures(ES U1) are trading higher by 0.75 cents to 1264.75 per contract. The worries in the European Union seem to be dominating the financial news headlines. Greece is facing another...
Read MoreAs we all know, the major stock indexes have been in correction mode since the beginning of May 2011. Most leading sectors are trading lower and continue to remain weak at this time. Despite the current market weakness, there...
Read MoreThis morning, the major stock market indexes are coming under very strong selling pressure. The stronger U.S. Dollar Index is obviously the catalyst for the early stock market decline, stocks and commodities will deflate and...
Read MoreWhen the U.S. Dollar Index(DXY) rallies higher the major stock market indexes will come under pressure and deflate lower. That is exactly what is happening this morning at the start of the trading day. As soon as the DXY traded...
Read MoreIn the last two days Cree, Inc. (NASDAQ:CREE) has shown major upside potential. Yesterday, the stock was crushed in the first twenty minutes of the trading day, hitting a low of $32.55. From that point on, it ran higher, closing...
Read MoreSome major leading technology stocks are moving to the upside even though the markets are getting slammed. These stocks have been up all day long and are known as leaders in their group. First, from the start of the day Apple...
Read MoreThis level is epic, this level is everything. If you take the low from March 2009, when the S&P 500 traded to 666 and the low of 2010, a line can be connected to the exact low of today. This trend line represents the...
Read MoreThis morning, the International Energy Agency (IEA) announced that its 28 member countries have agreed to release 60 million barrels of oil in the coming month. This action is causing WTI oil to plummet lower by $5.00 to $90.46...
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