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By Anthony Lazzara |
May 16, 2013
The gold market has had a lot of trouble staying below a key resistance area of $1,475-$1,480. A key level below the current price is $1,340.
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By Kris Hicks |
May 16, 2013
June Natural Gas moved to the upside for its third straight day of gains on Wednesday in its most narrow day of trading in almost a month as the short-covering rally rolled along.
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By Al Brooks |
May 16, 2013
Although the E-mini S&P 500 initially moved higher in yesterday's trading, it reversed course after a buying climax to end in a trading range day, according to Al Brooks' Daily Price Action.
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By Robert McCurtain |
May 16, 2013
More highs were reached on Wednesday, with only the Nasdaq still coming up short. Volume continues to tick higher.
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By Chris Vermeulen |
May 15, 2013
Since the middle of April everyone seems to have been building a short position in the equities market. We know picking tops or bottoms fighting the major underlying trend is risky business, but most individuals cannot resist.
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By Kris Hicks |
May 15, 2013
June Natural Gas moved higher throughout much of Tuesday’s trading session following a burst of cold air in the upper Midwest and northeast portions of the country to settle above $4 in over a week.
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By Robert McCurtain |
May 15, 2013
Major indexes rallied to new highs Tuesday. Value Line index was biggest gainer, up 1.19%, while market volume rose more than 13%.
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By Al Brooks |
May 15, 2013
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By David Banister |
May 14, 2013
The S&P 500 has been on a tear as we all know especially since the S&P 500 bottomed at 1343 several months ago. This larger picture Bull Cycle started in March of 2009 interestingly after an exact 61.8% Fibonacci retracement of the entire move from 1974 to 2000 lows to...
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By Kris Hicks |
May 14, 2013
Monday’s unstable price action indicates that natural gas should follow through on last week’s 82% close probability of taking out last week’s low, which could trigger further selling and drop the market to as low as $3.75 by the end of trading.