Before every session, there is a primary catalyst (stock specific or macro news) that will help dictate the price action in the upcoming session. On Thursday, Tesla Inc.’s (NASDAQ: TSLA)…
Read More
Wednesday’s session had disaster written all over it following Microsoft Corp’s (NASDAQ: MSFT) cautious comments during its Q4 earnings conference call. The decline from the premarket low followed through in…
After two solid up-days in a row, the S&P 500 index futures took a breather in Tuesday’s session. The index, which spent most of the premarket in the red, had…
The momentum from Friday’s rally carried over into Monday’s session in a big way. For several hours during the premarket session, the S&P 500 index hovered in the lower 3980-handle,…
Q4 earnings season is off to a pretty good start, although it would have been difficult to predict that based on the initial reactions to the big banks’ Q4 reports….
It would be a five-day winning streak if not for the marginal loss on Tuesday. Over the longer course of time, with today’s gain of 13.50 handles at 4003.50, the…
Ahead of Thursday’s much anticipated December Consumer Price Index report, the S&P 500 index futures reached its highest closing level since December 14 (4030.75). That just happened to be the…
If you missed Friday’s breakout of the recent trading range, and did not chase on Monday, you had the opportunity to “buy the dip.” The decline from Monday’s intraday high…
Investors were prepared for a two day move to the upside following Friday’s strong performance. The S&P 500 index went according to script until lunchtime, when it peaked over 150…
Trading ranges cannot go on forever. After spending the majority of the last twelve sessions yo-yoing between 3800 and 3900, the bulls made a stand today. Despite the unemployment rate…
