Ticker Appearances
Daily Technical Strategy
Defensive trading dominates as Pharma, & Utilities break out
Similar to Tuesday’s mild “down day,” Wednesday’s pullback failed to show sufficient deterioration to expect much follow-through just yet. The key driver of this rally,...
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Daily Technical Strategy
Negatives increasing after bounce; Short-term Peak likely by Thursday
The spike back above 3800 might have seemed positive to many investors after ^SPX 0.85% successfully held 3700 last week, but technically last week’s deterioration remains...
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Daily Technical Strategy
Gold, Silver likely to shine as US Dollar rolls over
Bottom line, the ^SPX 0.85% bounce needs to surpass 4019 to have real confidence in this move extending. While I’ve expected a rally from 3920-5, there...
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Daily Technical Strategy
Defensive trading dominates as Pharma, & Utilities break out
Similar to Tuesday’s mild “down day,” Wednesday’s pullback failed to show sufficient deterioration to expect much follow-through just yet. The key driver of this rally,...
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Daily Technical Strategy
Negatives increasing after bounce; Short-term Peak likely by Thursday
The spike back above 3800 might have seemed positive to many investors after ^SPX 0.85% successfully held 3700 last week, but technically last week’s deterioration remains...
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Daily Technical Strategy
Gold, Silver likely to shine as US Dollar rolls over
Bottom line, the ^SPX 0.85% bounce needs to surpass 4019 to have real confidence in this move extending. While I’ve expected a rally from 3920-5, there...
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