Clik here to view.
GDP Growth only 1.5%
The S&P 500 this week has charged above the 200 day moving average, pulled back to it, and bounced off of it to the upside. The bounce was assisted by dovish comments from Janet Yellin this week...
View ArticleClik here to view.
Facebook LIKED!
The S&P 500 is now squarely back in the middle of the range where it has spent most of its time since early 2015. In order to get there, the S&P has surge over 10% in just a few weeks, and...
View ArticleClik here to view.
Unemployment remains disappointing
After climbing decisively back to the middle of its familiar range, the S&P 500 has spent most of the last few days drifting lower as the bulls have grown weary. Appetite for risk and overall...
View ArticleClik here to view.
269K Newly Unemployed
Despite a rough day highlighted by a shooting attack in California, the S&P 500 remains firmly in the middle of our well established trading range. The Nasdaq is showing relative strength as it...
View ArticleClik here to view.
Fed ups rate by 0.25
The S&P 500 finally found its support near the 20-day low formed in mid-November and rallied three straight days. Topping off the action was a Fed interest rate hike announcement that was received...
View ArticleClik here to view.
Oil Spikes on Russian Talks with OPEC
The S&P 500 has tested and bounced off of a critical support area near 1820. Correlation between oil prices and the stock market is unusually high, and could possibly decouple as the attention...
View ArticleClik here to view.
Jobless figures miss the mark
Major U.S. markets have popped up into a higher level range, creating a new level of support near 1950 on the S&P 500. This is significant because it puts both another layer of support AND some...
View ArticleClik here to view.
S&P 500 cracks 200 day moving average
The S&P 500 continues to surge, and has now risen above three key resistance levels. Breaking the 1950 level brought the S&P back into a higher range, the 2000 level was a key psychological...
View Article