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Global Markets Melt Down
Just as it looked as though a big V-shaped recovery in the markets may be in the cards, the last week has brought a second slump. Yesterday’s intra-day rally ended with a thud with markets closing...
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Oil Rises, Joblessness Falls
To the great relief of many, the S&P 500 has found double-bottom multi-month support in the low 1800’s, and has since dramatically rallied well above 1900 with four strong positive days in a row....
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China markets plunge
Major U.S. markets have now settled into a lower level range with current pricing near the middle of that range. On the S&P 500, the bottom of the range is the precarious multi-year lows near...
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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...
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ECB Stimulus Sparks Rally
Markets have rallied nicely over the last week, with the S&P 500 breaking briefly above the psychologically key 2000 level, before falling back, and now looking as though it will break out again as...
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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...
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Markets at 2016 Highs
Markets are showing no signs of slowing in a broad-based rally. The S&P 500 has broken out to new highs for 2016, and is squarely back into the middle of a trading range that dominated the...
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Jobless Claims Data Positive
The markets have responded favorably to the Fed’s decision to leave interest rates unchanged for now. The S&P 500 continued to rise, but is now doing it differently than it had earlier this year....
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