US stock futures point to a lower open on Wall St Wednesday, weighed down by further woes in Europe. Futures had staged a bounce from overnight lows, but are now heading back down to those levels. The principal focus has shifted...
Read MoreUS stocks gained Tuesday on news that the Chinese government plans to move ahead with stimulus measures and amid hopes that Greece may yet remain in the Euro. However, on the first day of trading following the Memorial Day...
Read MoreThey keep pushing the envelope on most market in participants in both directions! The market pushed through SPY $133-133.30 for a move to $133.93, which was not a bad spot to take profits on a micro basis. However, it did make...
Read MoreIn my morning video, I stated “less is more” in this environment. I believe that because short-term it looks like we are set to continue bouncing, but I feel that the more macro trend is to the downside. We got a...
Read MoreMarkets gapped up and held steady. The $133-133.30 resistance zone basically supported the morning gap. Use this as new level to trade long against. Next resistance is $134.25-134.75 (we can see this today). At this point the...
Read More
