-
Bullish Or Bearish On The SPY? These Direxion ETFs Offer 3X Leverage
Monday, January 16, 2023 - 1:59pm | 675Read More...The SPDR S&P 500 (NYSE: SPY) closed 0.39% higher on Friday, recapturing the 200-day simple moving average (SMA) after struggling at the level intraday. Whether or not the market is about to experience another bull rally and negate the bear market, or whether Friday’s price action is just...
-
What You Need To Know In Options This Week. Tesla, VipShop, Baidu, Netflix, Snap And More
Monday, April 5, 2021 - 9:55am | 1108Read More...The Broader Markets The S&P 500 closed the shortened holiday week at new highs, up about 1.1%, about inline with the 1.1% the options market was pricing. With that, the VIX closed at 17.30, its lowest level in a year. SPY options are again pricing in about a 1.1% move in either direction for...
-
US Futures Rise As President Trump's Medical Team Suggests Monday Return To White House
Sunday, October 4, 2020 - 9:52pm | 417Read More...U.S. futures spiked on Sunday night as of President Donald Trump's healthcare providers expressed optimism over his timely return to the White House. What Happened: Dr. Brian Garibaldi, a member of Trump’s medical team, said the President could be discharged from the Walter Reed...
-
'Room For Disappointment': Stock Market Update For The Week Ahead
Monday, September 14, 2020 - 7:10am | 2287Read More...The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness in the technology sector. Remember This: “While valuations have hinted to overstretched markets in the past, it’s tough to say where stocks should be trading right now. We just witnessed the...
-
Is It 2014 Again? European Bank Concerns Back In The Forefront As Month Ends
Friday, September 30, 2016 - 11:20am | 1680Read More...The sky isn’t falling, though Thursday’s market plunge amid concerns about Deutsche Bank AG (NYSE: DB) might have made it seem that way at times. The DB situation brought back memories of where things were about 24 months ago, when European bank concerns kept jumping from country to...
-
Market Remains on Tenterhooks as Parade of Fed Speakers Continues
Thursday, September 29, 2016 - 12:00pm | 1794Read More...Even though last week’s Fed meeting ended without a rate hike, Fed Chair Janet Yellen and company remain center stage here in the final days of the quarter. Fed speakers dominated the news cycle on Wednesday, but the parade isn’t over. Yellen is to take part in a video conference at...
-
Debating Over Something Besides Interest Rates, Attention Likely To Shift To Election
Monday, September 26, 2016 - 12:02pm | 1476Read More...The Fed meeting is over and earnings are still well ahead, meaning the spotlight this coming week may shine on politics as the U.S. election draws nearer. Monday night’s scheduled Presidential debate between Democratic nominee Hillary Clinton and Republican nominee Donald Trump could draw...
-
The Dollar Looks To Be Entering A 'New Phase Of Weakness" After The Weak GDP Number
Friday, July 29, 2016 - 11:01am | 360Read More...U.S. GDP grew 1.2 percent in the second quarter of 2016, an improvement from the first quarter's 1.1 percent gain but still well below the 2.6 percent economist expectation. "2Q U.S. GDP was certainly disappointing, but strong consumer spending still gives reason for cautious...
-
Cash Is Outperforming Stocks And Bonds For The First Time Since 1990
Friday, September 25, 2015 - 10:11am | 322Read More...Michael Hartnett, Bank of America's Chief Investment Strategist, stated that cash is outperforming stocks and bonds for the first time since 1990. Hartnett's "Bull & Bear Index" is now the most bearish since October 2011. Hartnett also noted the "Global Wealth...
-
IMAX Is Potentially Having A Record-Setting Quarter
Monday, June 22, 2015 - 2:13pm | 461Read More...In a report issued Monday, MKM Partners’ Managing Director Eric Handler reviewed last weekend and this quarter’s box office. According to the note, this weekend’s Top 10 films grossed roughly $233 million, considerably above the firm’s $203 million projection. A Record-...
-
Options Outlook For The Week Of June 16: A Fair Fight Between Bull And Bear
Monday, June 16, 2014 - 10:30am | 527Read More...Last week the bears did just enough to remind the bulls that it's not a straight shot to the moon this year. On Thursday, the bears got more help in the form of a new source of scary headlines--the Iraq situation. Iraq is a legitimate threat with global repercussions. The fighting has the...
-
SPY - SPDR S&P 500 ETF
Sunday, May 27, 2012 - 11:19pm | 362Read More...Today I will start with SPY - SPDR S&P 500 ETF . Since the low of 129.55, where the sub Fibonacci level at 129.66 was positively tested, the Price has been steadily rising from the base of a short term descending channel . The upper trend line is parallel with the lower trend line which was ...
-
The Correction Is Not Over - Market Turning Points
Tuesday, May 8, 2012 - 12:26pm | 2628Read More...Editor's Note: This post originally appeared for the week at Marketurningpoints.com Current position of the market SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over)there will be another steep and...
-
More Sideways Consolidation - Market Turning Points
Thursday, March 15, 2012 - 3:47pm | 2139Read More...Editor's Note: This report originally appeared on MarketTurningPoints.com Current position of the market SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged decline...
-
10.11.11 – Mixed Internals at Rally Highs
Tuesday, October 11, 2011 - 12:46pm | 79Read More...Next major resistance is all the way up at SPY $122. Maybe this is September 2010 all over again, but Operation Twist is not TARP my friends — I'd “like” to see a pause and higher lows before giving a longer-term nod to the bulls.
