• SP 500 Market Analysis 1-14-15

    Today’s Trading Plan: Aiming for December Lows

    Pre-market update: Asian markets traded 1.1% lower. European markets are trading 1.4% lower. US futures are trading 1.3% lower ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), Retail Sales (8:30), Import and Export Prices (8:30), Business Inventories (10), EIA petroleum Status Report (10:30), Beige Book (2) Technical

    By |Published On: January 14, 2015|2 min read|
  • SP 500 Market Analysis 1-13-15

    Today’s Trading Plan: Deteriorating Conditions

    Pre-market update: Asian markets traded 0.1% lower. European markets are trading 1.1% higher. US futures are trading 0.4% higher ahead of the market open.  Economic reports due out (all times are eastern): Redbook (8:55), JOLTS (10), Treasury Budget (2) Technical Outlook (SPX): SPX continued upon Friday’s selling giving up another 16 points.  Now the

    By |Published On: January 13, 2015|2 min read|
  • SP 500 Market Analysis 1-12-15

    Today’s Trading Plan: Oil Weighs Heavy on Market

    Pre-market update: Asian markets traded 0.3% higher. European markets are trading 0.8% higher. US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): None Technical Outlook (SPX): SPX gave back about half of the gains on Friday from the previous trading session.  Currently price is

    By |Published On: January 12, 2015|2 min read|
  • SP 500 Market Analysis 1-9-15

    Today’s Trading Plan: Making Another Massive Dip Buy

    Pre-market update: Asian markets traded 0.2% higher. European markets are trading 1.0% lower. US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): Employment Situation (8:30), Wholesale Trade (10) Technical Outlook (SPX): Impressive follow through yesterday on SPX with a 36 point rally.  SPX regained

    By |Published On: January 9, 2015|2 min read|
  • SP 500 Market Analysis 1-8-15

    Today’s Trading Plan: Strong Follow Through Needed

    Pre-market update: Asian markets traded 0.9% higher. European markets are trading 2.3% higher. US futures are trading 0.9% higher ahead of the market open.  Economic reports due out (all times are eastern): Challenger Job Report (7:30), Jobless Claims (8:30), EIA Natural Gas Report (10:30), Consumer Credit (3) Technical Outlook (SPX): .  Respectable bounce yesterday with

    By |Published On: January 8, 2015|2 min read|
  • SP 500 Market Analysis 1-7-15

    Today’s Trading Plan: Prepping for the Bounce

    Pre-market update: Asian markets traded 0.2% higher. European markets are trading 1.2% higher. US futures are trading 0.9% higher ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), ADP Employment Report (8:15), International Trade (8:30), EIA Petroelum Status Report (10:30), FOMC Minutes (2) Technical Outlook (SPX): SPX

    By |Published On: January 7, 2015|2 min read|
  • SP 500 Market Analysis 1-6-15

    Today’s Trading Plan: Testing Key Trend Line

    Pre-market update: Asian markets traded 2.3% lower. European markets are trading 0.1% higher. US futures are trading 0.1% lower ahead of the market open.  Economic reports due out (all times are eastern): Redbook (8:55), PMI Services Index (9:45), Factory Orders (10), ISM Non-Manufacturing Index (10) Technical Outlook (SPX): Fourth straight day of selling, the first

    By |Published On: January 6, 2015|2 min read|
  • SP 500 Market Analysis 1-5-15

    Today’s Trading Plan: What May Come to Broad and Wall

    Pre-market update: Asian markets traded 0.4% lower. European markets are trading 1.5% lower. US futures are trading 0.5% lower ahead of the market open.  Economic reports due out (all times are eastern): None Technical Outlook (SPX): SPX looking at a fourth straight day of selling in this market - a rarity even during some of

    By |Published On: January 5, 2015|2 min read|
  • SP 500 Market Analysis 1-2-15

    Today’s Trading Plan: Jump Starting 2015

    Pre-market update: Asian markets traded 0.6% lower. European markets are trading 0.2% lower. US futures are trading 0.1% higher ahead of the market open.  Economic reports due out (all times are eastern): PMI Manufacturing (8:58), ISM Manufacturing Index (10), Construction Spending (10) Technical Outlook (SPX): SPX closed out 2014 by shattering a key short-term support

    By |Published On: January 2, 2015|1 min read|
  • SP 500 Market Analysis 12-31-14

    Today’s Trading Plan: The End of 2014

    Pre-market update: Asian markets traded 0.8% lower. European markets are trading 0.4% higher. US futures are trading 0.1% higher ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), Jobless Claims (8:30), Chicago PMI (9:45), Pending Home Sales (10), EIA Petroleum Status Report (10:30) Technical Outlook (SPX): SPX

    By |Published On: December 31, 2014|2 min read|