The markets are at a pivotal point today. As of now, there is a beautiful inverse head and shoulder pattern on the intra day SPDR S&P 500 ETF (NYSE:SPY) chart. This can be seen on the chart below. An inverse head and...
Read MoreThe markets opened lower today on continued fears out of Greece. While an aid package is already inked and ready to go, it looks like officials are unwilling to give Greece the money until they see what happens in the coming...
Read MoreApple Inc.(NASDAQ:AAPL) is one of the most highly followed and loved stocks by traders and investors. This morning, the innovative tech giant is coming under major selling pressure. The stock is trading lower by $8.12 to $312.07...
Read MoreAs we all should know by now, when the U.S. Dollar Index declines the major stock market indexes will usually inflate and trade higher. Since 7:40 am EST, the U.S. Dollar Index has declined lower by 0.47 cents to $75.42 per...
Read MoreAnytime the major stock market indexes rally it is very important to look at the leading stock sectors. When a leading sector fails to participate in the rally that is usually a sign that the rally could be short lived. This...
Read MoreThis morning, the U.S. Dollar Index futures(DX U1) is trading lower by 0.60 cents to $75.62 per contract. When the U.S. Dollar Index declines the major stock market indexes inflate and trade higher. That is certainly the case...
Read MoreWith uncertainty clouding almost all China stocks, there has been a fall of epic proportions. Many Chinese stocks have fallen over 75% in the last few months, dumping to levels never imagined. Growth rates in these stocks are...
Read MoreSpeculation continues to swirl over the next Greek bailout. After the massive decline in the markets yesterday, today there is more calm. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $127.93, +.91 (+0.72%). It appears the...
Read MoreIntel Corp.(NASDAQ:INTC) has come under some serious downgrades from several leading brokerage firms recently. On May 20, 2011 the stock was downgraded by Goldman Sachs Group(NYSE:GS) to sell from neutral. This morning Intel...
Read MoreBefore the opening bell rang at the New York Stock Exchange, the U.S. Dollar Index was surging higher again. Around 8:35 am EST, the U.S. Dollar Index began to decline. Once the U.S. Dollar Index began to sell off the major...
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