April 20, 2018, 7:03 AM
Downward reversal or just quick correction before another leg up? Stocks went down on Thursday, as investors took short-term profits off the table following recent run-up. Quarterly earnings releases supported bulls but it seems that the rally may be fading here. There are still two possible medium-term scenarios.
April 19, 2018, 7:01 AM
Earnings season is just getting underway and stocks extend their short-term uptrend. Yesterday's trading session was mixed, as the market reached potential resistance level. Is this a topping pattern or just quick profit taking action before another leg higher? There are still two possible medium-term scenarios.
April 18, 2018, 7:03 AM
Tuesday's trading session was very bullish, as investors' sentiment improved following quarterly earnings, economic data releases. Stocks continued higher after breaking above three-week-long consolidation on Friday. Will the market continue higher and retrace more of its March move down? The S&P 500 index is now within a potential resistance level of the late March daily gap down. There are still two possible future scenarios.
April 17, 2018, 7:03 AM
Economic and quarterly corporate earnings releases pushed stocks higher on Monday despite worries about Syrian conflict escalation, trade tariffs. Technically, we can see a breakout above three-week-long consolidation, but will the market continue higher? The S&P 500 index got closer to potential resistance level of the late March daily gap down. There are still two possible future scenarios.
April 16, 2018, 7:00 AM
The stock market failed to break above its short-term consolidation on Friday, as investors feared that the Syrian conflict may further escalate. They were right because there was a U.S., U.K. and France air strike on Saturday. However, expectations before the opening of today's trading session are positive and we may see another attempt at breaking higher. Will it be successful?
April 13, 2018, 7:02 AM
Thursday's trading session was bullish despite Syrian conflict escalation fears and the ongoing trade war worries. The broad stock market reached the highest since end of March, but it continued to trade within its over two-week-long consolidation. Stocks are expected to open slightly higher today. Will they take another attempt at breaking higher? There are some potentially positive news releases coming, but will they outweigh negative ones?
April 12, 2018, 6:59 AM
Stocks almost broke above their short-term consolidation on Tuesday, but investors' sentiment worsened again and bears took the lead on Wednesday. So, which direction is next? Stocks are expected to open higher today, but will we see another attempt at breaking above their over two-week-long trading range? There are some potentially positive news releases coming, but will they outweigh negative ones?
April 11, 2018, 7:01 AM
Tuesday's trading session was very bullish, as stocks got to their recent local highs following an overnight speech from the Chinese President and his pledges to cut some trade tariffs. Bulls are on the run again, but will the market break above over two-week-long consolidation?
April 10, 2018, 6:54 AM
Stocks extended their short-term fluctuations on Monday, as investors hesitated following last week's Thursday - Friday's move down. Expectations before the opening of today's trading session are very positive after an overnight rally. Investors cheer Chinese President's pledges to cut some trade tariffs. But will the market break above over two-week-long consolidation?
April 9, 2018, 6:59 AM
The stock market retraced most of its last week's Wednesday - Thursday's gains on Friday, as investors reacted to worse-than-expected monthly jobs data release, trade tariffs announcement. Friday's sell-off brought the S&P 500 index back to its medium-term upward trend line. Will it break lower this time?
April 6, 2018, 7:01 AM
Stocks continued their short-term upward march on Thursday, as investors' sentiment was bullish following Wednesday's rebound off support level. Will uptrend continue despite an overnight news concerning additional trade tariffs? The market is about to face the monthly jobs data release at 8:30 a.m. this morning.
April 5, 2018, 7:01 AM
Bulls regained their strength on Wednesday, as stocks retraced Monday's sell-off following lower opening of the trading session. The S&P 500 index extends its short-term consolidation despite trade war, interest rate hikes fears. So, is medium-term bullish case valid again?
April 4, 2018, 6:59 AM
The stock market regained most of its Monday's losses yesterday, as investors' sentiment improved despite trade war fears. Was this an upward reversal or just correction following recent move down? The S&P 500 index got back above the level of 2,600, but bulls continue to walk on thin ice here, as stocks are expected to go down again.
April 3, 2018, 6:59 AM
Stocks sold off on Monday, as investors' sentiment worsened following economic data releases, trade war fears. Will downtrend extend below early February low? Or is this some short-term bottoming pattern ahead of upward reversal? The S&P 500 index remained close to its last week's local lows yesterday, but bulls are walking on thin ice here.
March 29, 2018, 6:59 AM
Wednesday's trading session was pretty uneventful compared to Friday's, Monday's and Tuesday's volatility. Stocks fluctuated along their Tuesday's closing prices, as investors hesitated after slightly better-than-expected Final GDP number release. Will stocks rebound today? Or is this just a consolidation before another leg lower? It seems that there are still two possible future scenarios.
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