S&P 500 ETF ($SPY)

Trade EUphoria

This month has been one of chugging along on the low volume train to the upside with an arrival into earnings season. Earnings are good but the growth in earnings is abating. Some companies are blaming misses on trade tensions but the realty is that currency volatility and inflation are pressuring margins. Both are a […]

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S&P 500 ETF: $SPY

Bears Prep for Hibernation

The stock market had a good week and we may be carving out the beginning of a new uptrend as earnings season begins to wind down. In general, earnings were good so corporate America continues to chug along while the Fed raises interest rates and inflation begins to become part of the 2018 narrative. Inflation […]

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S&P 500 ETF

PING-PONG

No answer just yet but for those that are just tuning in, the major indices are still resolving the technical breakdown that occurred in early February. We should have an answer soon but, for now, we are stuck playing ping-pong between the 50 and 200 day moving averages as you can see in the chart […]

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$SPY ETF

Threading a Needle

We are in the midst of earnings season and they have been largely better than expected. However, not all stocks have had the best reactions for a myriad of reasons. Amazon and Facebook posted good numbers AND price action so there is still hope for this market to make a run at new highs later […]

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NASDAQ 100

Bottom or Bust!

The stock market continues to try and resolve the technical wreckage from the sell-off that occurred in February after a top in late January. In many cases, you will see stocks test a bottom twice before finding a base and continuing to move higher – a double bottom. Will we find a bottom or is a […]

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