US Dollar Weakness Examined
I haven’t much to add to my ES & SPX charts from yesterday here so I’m going to concentrate on other things today. Support is still at Monday’s low and resistance is still at last Thursday’s high so a...
Read MoreI haven’t much to add to my ES & SPX charts from yesterday here so I’m going to concentrate on other things today. Support is still at Monday’s low and resistance is still at last Thursday’s high so a...
Read MoreThis Washington Post article says we’re in for six more weeks of winter, since Groundhog Phil saw his shadow today in Punxsatawney, Pennsylvania. Wrap up…… Read more…
Read MoreEconomic Reports Due out (Times are EST): Challenger Job-Cut Report (7:30am), Jobless Claims (8:30am), Productivity and Costs (8:30am), Bloomberg Consumer Comfort Index (9:45am), Bernanke Speaks (10am), EIA Natural Gas Report...
Read MoreThe only chart I’ll be commenting on tonight is this 4-Hour chart of TF. Price is currently trading at a resistance level of an intersection of the the top of a “minor” uptrending channel and the lower...
Read MoreData released last night and today shows a small improvement in the Manufacturing PMI Indices in China, Europe, Britain, and the U.S., and a small improvement in Construction Spending and Manufacturing Prices in the U.S., as...
Read MoreThis is a stock screen similar to “Stocks That Are Breaking Down” (but just the exact opposite). A lot of these stocks are positioned for breakouts in the near future. If you are a momentum trader, you have to take a...
Read MoreJVA is a stock I’ve been watching for a while. It fits a pattern I like which is a strong base, high short float and low stock float. This set up makes a great short-squeeze potential. This is what we are seeing today. JVA...
Read MoreEconomic Reports Due out (Times are EST): MBA Purchase Applications, ADP Employment Report (8:15am), Treasury Refunding Announcement (9am), ISM Manufacturing Index (10am), Construction Spending (10am), EIA Petroleum Status...
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