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: S&P 500 ETF

Bonds vs. Stocks

Almost a good week for the stock market. What looked to be a breakout mid-week, ended up being weak price action that confirmed a technical pattern that implies we are likely to test the lows again next week. Let’s take a closer look at the S&P 500 to see what is going on:   Another […]

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