Based on the premarket trading in the S&P 500 index, there was not going to be follow-through on Friday’s rally that put the index at its highest level for the…
Read More
After two mild down days to start the week, the S&P 500 Index ended the week on a three-day winning streak. While a good portion of Friday’s gains were made…
After 11 sessions of chopping back and forth in a large trading range, the S&P 500 index took a major step in resolving the move to the upside. Aided by…
When the hotter than expected Consumer Price Index data was revealed at 8:30 AM EST, the S&P 500 index futures were at 4348.50. After coming very close to Tuesday’s low…
What the close in the S&P 500 index, a decline of 10.25 handles to 4340.75, is not going to accurately reflect is the damage inflicted on the index in early…
On banking holidays, such as Columbus Day, with fewer market participants, strange things can happen and Monday was no exception. When there are wide premarket ranges (35.75 handles), it is…
The week began with extreme volatility that extended into Thursday’s session with a breakout from three inside days in a row. The rally propelled the index to 4421 on Thursday…
The S&P 500 index futures have gone down hard over the last four sessions, but refuse to stay down for very long. That is the best way to characterize the…
Range trading, albeit a very large range, continues in the S&P 500 index. Although some highs and lows over the last three sessions have been made in premarket trading, there…
When the top five components of the S&P 500 index, all being technology stocks, Apple Inc. (NASDAQ: AAPL), Microsoft Corp (NASDAQ: MSFT), combined Alphabet Inc. (NASDAQ: GOOG and GOOGL), Amazon.com…
