-
By Robert McCurtain |
June 18, 2013
The market is at a key juncture between near-term support and resistance that will determine larger cycle staying power.
-
By Robert McCurtain |
June 16, 2013
Sellers keep pushing prices lower after each upside swing. Can the market break through resistance, or will it keep fading?
-
By Robert McCurtain |
June 14, 2013
Bulls find hope. Market re-establishes trendline stretching from last November, rallies.
-
By Robert McCurtain |
June 12, 2013
More selling worked its way through major stock indexes Wednesday, while volatility indicators remained negative.
-
By Robert McCurtain |
June 12, 2013
Market volume rises on losses in all major indexes, but a key technical indicator recovers.
-
By Phil Flynn |
June 11, 2013
The EIA shocked in a good way when they reported a major increase in global oil supply! According to that number and assuming the world consumes 19 million barrels of oil per day, we then have 497 years of oil left.
-
By Robert McCurtain |
June 11, 2013
Following May 31 breakdown near 1640 in the S&P 500 Emini, the market has returned to its upsloping trendline twice.
-
By Phil Flynn |
June 10, 2013
The U.S. jobs report was just right. Strong enough to suggest decent energy demand but not enough of a blockbuster that may force the Fed to hurry up and taper.
-
By Robert McCurtain |
June 9, 2013
Price action in the S&P 500 last week left the index in No Man's Land. Where it goes from here is key.
-
By Robert McCurtain |
June 7, 2013
Some recent sharp losses were recovered Thursday, but the short-term trend remains negative