Stocks are trying to hold on to gains this morning on the heels of a stronger ISM and strong ADP payrolls report. Right now seems to be a time where charts are running…
Jon C. Ogg Jon OggStocks are trying to hold on to gains after several days of selling and now we have to consider that we may be seeing an “oversold market bounce” trying to take…
Jon C. Ogg Stocks are on the defensive after yesterday’s anti-QE3 comments from Fed President Plosser got the selling started. Now we have anti-austerity protests in Spain and Greece trying to reverse the austerity measures. The U.S.…
Jon C. Ogg Stocks are sliding a bit on Monday after more caution from Europe and on more economic slowing trends. The chart analysis today shows that caution and patience would remain the best action. Today we…
The markets are trying to hold on to some footing after big post-QE3 gains from last week. Today we are analyzing the SPDR S&P 500 (NYSEMKT: SPY) as it is the most…
Bank of America Merrill Lynch is getting more bullish for its 2013 S&P 500 market outlook. The new target is 1,600. The problem is that the macroeconomic call is saying that stocks…
Today wasn’t D-Day for the Federal Open Market Committee. It was QE-Day. Ben Bernanke and the voting FOMC members of course kept rates at zero and promised to keep this ‘exceptionally low’…
Jon C. Ogg The markets may seem like they are on pause ahead of Ben Bernanke and friends as everyone is debating whether or not the FOMC will actually announce or just keep hinting at…
The markets are all a bit soft this Monday with the major indexes trading marginally in the red. After last week’s negative employment surprise and with Draghi’s efforts to buy bonds from troubled…
Jon C. Ogg Jon OggThe S&P 500 is trying to break out all over again. Today we are analyzing the SPDR S&P 500 (NYSEMKT: SPY) as it is the most liquid of all ETFs. The ETF…
Investors are apparently getting a bit tired of domestic equities since the stock market held up this summer. What is interesting is that the inflows during August sent into gold and emerging…
So what if the S&P 500 hit a new 52-week high early in the week. That was then, and the market has been looking for support ever since. Today we are tracking…
Jon C. Ogg The S&P 500 hit a new 52-week high earlier this week and it has been drifting lower since. Today we are tracking the daily buy/sell points on the SPDR S&P 500 (NYSEMKT:…
Jon C. Ogg The S&P 500 hit a new 52-week high and 2012 high on Tuesday, but only briefly as resistance proved to be too strong after too much of a run. Today we are…
Jon C. Ogg The S&P 500 just hit a 52-week high and 2012 high today, while the DJIA and the NASDAQ are still just within striking range of their highs. Today we are tracking the…
Jon C. Ogg