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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.
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By Robert McCurtain |
May 14, 2013
The markets pause on Monday, with the S&P 500 and Nasdaq eking out small gains, while the Dow and Value Line slip slightly.
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By Al Brooks |
May 14, 2013
The E-mini S&P 500 made initial gains yesterday, but reversed off a wedge top, according to Al Brooks' Daily Price Action.
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By Robert McCurtain |
May 12, 2013
There's nothing like new all-time highs to inspire talk of even higher prices and more new highs, but no trend can last forever.
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By Robert McCurtain |
May 10, 2013
All of the major stock indexes slipped on Thursday on flat volume. Cycles remain positive.
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By Marcus Holland |
May 9, 2013
The trend in the British pound is higher, as slightly better than expected economic news recently has kept the Bank of England off the accelerator as witness on Wednesday when the central bank met to decide the state of current interest rates.
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By Anthony Lazzara |
May 9, 2013
Crude is down almost $1 to $95.75. We believe this is mainly fear premium regarding the Syria situation. Technically, it looks as though oil is at the top of its downward channel.
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By Kris Hicks |
May 9, 2013
The spread between Brent and WTI continues to narrow and settled below $8 on Wednesday, and could come in to less than $5 as WTI may see resistance above $105 and WTI tracks for $100 and new annual highs.
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By Al Brooks |
May 9, 2013
Despite a pullback in the middle of the day, the E-mini S&P 500 was able to maintain its bull trend in yesterday's trading, according to Al Brooks' Daily Price Action.
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By Robert McCurtain |
May 9, 2013
Another day of marginal gains pushed major indexes to new highs Wednesday on higher volume. Volatility remains vulnerable.
