Will June 2013 Be Better Than May?
The stock market has been on a tear recently and May 2013 was profitable for bullish traders. Bonds took a drubbing as risk lovers gobbled up stocks and June 2013 could be another good month. There are lots of reasons for the 2013 rally but here are a five that could be the biggest drivers of stocks rising [...]
Posts tagged $spy
May 2013 Best Since 2009 For Equities...
Will June 2013 Be Better Than May?
The stock market has been on a tear recently and May 2013 was profitable for bullish traders. Bonds took a drubbing as risk lovers gobbled up stocks and June 2013 could be another good month. There are lots of reasons for the 2013 rally but here are a five that could be the biggest drivers of stocks rising [...]
Sell In May And Go Away Fails Again I...
S&P 500 Closes In On New Highs After Inside Outside Gap Up Day:
Stocks hit our resistance levels and show no clear advantage to sellers or buyers. Short- term trends could favor buyers on dips but there are some reasons to look more carefully at intermediate trends. Key stocks that made gains all year are hitting resistance levels.
We a [...]
Stocks Rebound After Oversold Boston ...
Will Follow Through Occur?
U.S. equities rebounded after losing ground yesterday. One day after the Boston Marathon Bombing, stocks rebounded led by the financials after Goldman Sachs reported good numbers along with positive housing data. Housing starts increased by 0.7 percent to 1.04 million annually the Commerce Department said today. T [...]
Technical Analysis Note: S&P 500...
S&P 500 trend is rangebound:
The S&P 500 gained ground as the rally continued today. Shorts are getting hurt as the parabolic stock market move we expected comes to fruition (see March 28, 2013). The current outlook for the next few days remains neutral-defensive with a bearish bias. The S&P 500 has been increasing steadily and [...]
Technical Analysis Note: S&P 500...
S&P 500 trend is rangebound/upward:
The S&P 500 pulled back to levels that were considered support on Friday after a dismal jobs number was announced showing a gain of only 88,000 new employed people for the month of March 2013. The stock market was extremely resilient considering the bad data as well as the negative outlook from eco [...]
Tech Analysis Note: S&P 500 Apri...
S&P 500 Upward Trend Still In Tact, but….
Standard And Poor’s technical analysis update for the SPY after the recent all-time high March 2013. The spider exchange traded fund, the SPY shows an upward trend but this could mean some traders may begin trying to fade the rally. Look for strong downside breaks and late day selling [...]
Dow Has 2nd Consecutive Weekly Loss I...
Dow Has 2nd Consecutive Weekly Loss In 2013 On Low Volatility:
Stocks were mixed ahead of a long three-day weekend with no trading on Presidents Day Monday February 18, 2013. Traders were reticent to make heavy long side bets with no new catalyst to drive stocks higher. The Dow Jones Industrial Average closed up only a few points gaining 8 [...]
Dow Falls 129 As Volatility Spikes
Dow Falls 129 As Volatility Spikes:
The stock market bulls could be losing momentum. The Dow Jones Industrial Average fell 129.71 or 0.93 percent to 13,880.08 over renewed fears about Europe, Asia and U.S. economic data after a soft unemployment report last week. Traders liked the unemployment report numbers on Friday, but concerns about the [...]
January 2013 Rally Relative Strength ...
January 2013 Rally Relative Strength Decreases But Is It Time To Fade?
The stock market has shown unusual strength in the last few days after a couple of weeks of consolidation led by the transports and financials. Fourth quarter earnings for 2012 weren’t as bad as anticipated and equities are up about 5 percent this year as money man [...]
Financials Lead As Market Enters Next...
Financials Lead As Market Enters Next Phase Of January 2013 Rally:
Stocks closed higher today led by the financial sector despite Apple’s follow-through downtrend after its earnings were announced yesterday to little fanfare. The XLF continues to be on a tear and shows investors are hungry for risk. Risk appetites usually rise after [...]
