Kai Pfaffenbach/ReutersAll of a sudden, things in the stock market are boring. Since the excitement we saw earlier this year with the S&P 500 falling 3% in January, oil searching for a bottom, the Swiss National Bank removing its peg against the euro, and the European Central Bank starting a quantitative easing program, US stocks have settled into one of the […]
Stock Trading Alert: Investors’ Sentiment Improves Again Following Jobs Data Release – Will It Last?By: Paul Rejczak | Mon, May 11, 2015SharePrintEmailStock Trading Alert originally published on May 11, 2015, 6:27 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook […]
All Eyes on Stock Market New HighsStock-Markets / Stock Markets 2015May 10, 2015 – 06:30 PM GMTBy: WavePatternTradersDOWFinally it seems we may just see that new all time high to complete the ending diagonal pattern we have been following for the last few months, more importantly it also seems the DOW has also caught up with the SPX, which is […]
A “Goldilocks” jobs report from the government Friday helped lift markets – by goldilocks analysts have said this was a number that showed growth for the U.S. economy …but not enough to push the Fed to raise rates anytime soon. So the market got the best of both worlds. Futures leaped on the data and indexes stayed firm all day […]
Stock Trading Alert: Stocks Continue Their Downtrend Following Worse-Than-Expected Economic Data ReleasesBy: Paul Rejczak | Thu, May 7, 2015SharePrintEmailStock Trading Alert originally published on May 7, 2015, 6:25 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook is bearish:Intraday outlook […]
While the indexes had a nice 2 day rally Fri/Mon, it was difficult to really trust it because some secondary indicators (such as the NYSE McClellan Oscillator we cite often) have been trending in the wrong way. Today was a good example of why you want those secondary indicators to be in our favor before going all in, on a […]
Stock Trading Alert: Indexes Continue To Fluctuate Along Record Levels – Which Direction Is Next?By: Paul Rejczak | Mon, May 4, 2015SharePrintEmailStock Trading Alert originally published on May 4, 2015, 6:36 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook […]
Following a volatile end to April, on whose last day many decided to frontrun “selling in May before going away”, the world has taken a breather and overnight China was closed to celebrate May day, unable to celebrate the “beat” of the official Chinese Manufacturing PMI which printed unchanged from last month, at 50.1, goalseeked to beat the consensus expectation […]
Stock Trading Alert: Stocks Extended Their Fluctuations – Correction Ahead?By: Paul Rejczak | Thu, Apr 30, 2015SharePrintEmailStock Trading Alert originally published on April 30, 2015, 6:20 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook is bearish:Intraday outlook (next 24 […]
It’s been a turbulent few days for the biotech sector with the NASDAQ Biotechnology Index declining 5.46% over the last five trading days. A major part of this decline was recorded on Monday as the sector reacted to negative pipeline updates from companies like Amgen (AMGN – Analyst Report) and Celladon (CLDN – Snapshot Report). Meanwhile, Biogen’s (BIIB – Analyst […]
