breakout

The Week Ahead: Breakout As Expected — So What’s Next?

In last week’s Fakeout or Breakout? I made the case based on the technical evidence that “despite Friday’s drop, I expect last week’s highs in the major averages to be surpassed in the coming weeks.” As you may recall, the S&P 500 was down over 1% on Friday April 17 and the bearish sentiment spiked.In last Thursday’s trading, the NYSE […]

Stock Market Breakout Fails…Nothing Bad At All…….. – The Market …

Stock Market Breakout Fails…Nothing Bad At All……..Stock-Markets / Stock Markets 2014Feb 25, 2014 – 10:24 AM GMTBy: Jack_Steiman

We spent the morning watching the futures play around with the flat line to up a four handle at the highs. We were well under S&P 500 1850, or the breakout level, but the bulls were very happy to see […]

3 reasons why the January stock selloff has gone too far | Breakout …

After bursting to a record high on New Year’s eve, January is quickly becoming a bit of a wipeout. Despite today’s positive move, the Dow Jones Industrials (^DJI) is down over four percent in 2014, as emerging market jitters rocked stocks in ways not seen in two years.“The one rule of Wall Street that I always adhere to is, the […]

Trading Through the (Possible) Tapering — Trading Concepts | E …

Happy Friday, Friends. I’m always sorry to see the non-farm payrolls report go, as the volatility around it creates a great trading opportunity taught by Todd Mitchell as the “First Half Hour Breakout”. Like much of what Todd teaches, the method lends itself to additional uses, and data releases that tend to generate strong and rapid reactions from the market […]

3 Reasons Why the Stock Market Rally Will Continue – Yahoo Finance

The S&P 500 (^GSPC) has done more in three months than it typically does in an average year. That is, rise by about ten percent. While the official 3-month tally is 10.58%, and the year to date total is now above 26%, some say this red-hot, record-high stock benchmark still has more to go.“One word – higher,” […]