Friday’s gains are currently history and investors better be paying close attention to the daily buy/sell pivots if they are staying in the market over the coming Fourth of July week. We are tracking…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Affymetrix Inc. (NASDAQ: AFFX) Cut to Sell at Goldman Sachs. Anheuser-Busch InBev (NYSE:…
The S&P 500 is sharply higher on bank bailout news from the Europeans, but the charts tell it all now. We are tracking the daily buy/sell pivot points on the SPDR S&P 500 (NYSEMKT:…
Jon C. Ogg Can the markets rise two days in a row anymore? That is what we are looking for in the daily charts review. We are tracking the daily buy/sell pivot points on the SPDR…
The stock market has been soft all morning and traders are trying to find support and trying to determine whether or not it will hold up this Monday. We are tracking the…
Jon C. Ogg The Moody’s bank downgrade is out of the way and the markets are trying to stage a recovery ahead of the weekend after a huge drop on Thursday. We are tracking the daily…
Jon C. Ogg Two more economic reports are driving traders into more uncertainty this morning. The so-called Philly Fed was dismal and the ‘not so leading’ Leading Indicators were barely above the red line. See SPDR…
Jon C. Ogg Now that the FOMC meeting is over and with many commodities softening, investors and traders need to pay close attention to the critical chart buy/sell pivots. We are tracking the pivot points on…
Jon C. Ogg Investors and traders are caught between news out of Europe and the highly awaited decision from Ben Bernanke on the FOMC meeting today regarding Operation Twist. The markets are mixed and trying…
Jon C. Ogg The markets were having a hard time identifying an early direction and now the move looks more entrenched on gains. Traders and investors need to be watching the technical pivots against yesterday’s…
Jon C. Ogg OK, so the Greeks are trying to stay in the Euro for at least one more election cycle. The markets have sold off as reality sets in that it may be more expansive…
The markets are so far in positive territory ahead of the Greek elections, and yesterday’s major market gyration makes the S&P chart only that much more important. We are tracking the daily…
Jon C. Ogg This is a rumor, panic, and euphoria market right now. There is chatter that the European banking entities are prepared to offer a coordinated move of assistance if the Greek elections cause a…
We have seen some strength after the open despite mixed economic data. Today we are tracking the daily buy/sell pivot points on the SPDR S&P 500 (AMEX: SPY) which trades exactly like…
Jon C. Ogg The market is choppy this Wednesday and investors and traders are trying to find their footing. Today we are tracking the SPDR S&P 500 (AMEX: SPY) which trades exactly like the S&P…
Jon C. Ogg 