They chose to shake the tree a little bit ahead of Friday’s much-anticipated European summit. Look below and I shared a Daily and 60-minute chart of the SPY so you can map out support levels to buy and measure the pull...
Read MoreUS stock futures have taken a sharp turn lower in the last half-hour, and the market is now set for a down open this morning. After another big gap up to start the week, the S&P has been unable to bust through its 200-day...
Read MoreUS markets were quiet for most of the day Tuesday, until the last 90 minutes when they broke out of the day’s range and then came right back down into the close. The S&P and Dow finished narrowly in positive territory...
Read MoreUS stock futures are flat Tuesday morning, holding onto Monday’s gains despite an S&P warning over the crediting rating of 15 Euro-zone countries. Despite a massive intervention by world central banks announced...
Read MoreUS stock futures point to another higher open on Wall Street Monday, which is becoming a familiar story to start the week. The market exploded to the upside to kick off last week after world Central banks agreed to make a...
Read MoreUS stock futures point to a 1% higher open on Wall Street Friday on strong jobs data and optimism that the Eurozone will continue as a strong fiscal union. The unemployment rate fell to a 2 1/2 year low of 8.6% after a 120,000...
Read MoreMajor US stock indices finished near flat Thursday, taking a break after a steep three-day rally. The Nasdaq was the lone winner, while the Dow and S&P ended slightly red. The fact that the market did not give back any of...
Read MoreMarkets today are digesting big gains from the last three days, which is a natural and healthy occurrence during a rally. The Dow has rallied more than 750 points in three days, so it can be forgiven for wanting some rest. While...
Read MoreThe Oil Service HOLDRs ETF (OIH) has been beaten down over the past few months, but I believe it is starting to form an inverse head and shoulders bottoming pattern that could lead to significantly higher prices. Right now it is...
Read MoreUS stock futures are flat Thursday morning, taking a pause after a massive three-day rally. Yesterday pre-market there was a perfect storm of news that sent futures romping higher. The Fed, ECB, BoJ, BoE, SNB, Bank of Canada...
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