• SP 500 Market Analysis 10-21-13

    Today’s Trading Plan: Some Caution Warranted

    Pre-market update: Asian markets traded 0.6% higher.  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): Chicago Fed National Activity Index (8:30), Existing Home Sales (8:30), EIA Petroleum Status Report (10:30) Technical Outlook (SPX): 7 out of 8 days the

    By |Published On: October 21, 2013|2 min read|

  • Today’s Trading Plan: Testing Rising Resistance

    Pre-market update: Asian markets traded 0.5% higher.  European markets are trading 0.4% higher.  US futures are trading 0.3% higher ahead of the market open.  Economic reports due out (all times are eastern): Leading Indicators (10) Technical Outlook (SPX): Another strong rally for the SPX making it 87 points higher in the last seven trading sessions and

    By |Published On: October 18, 2013|2 min read|
  • SP 500 Market Analysis 10-17-13

    Today’s Trading Plan: Clear Skies

    Pre-market update: Asian markets traded 0.2% higher.  European markets are trading 0.6% lower.  US futures are trading 0.3% lower ahead of the market open.  Economic reports due out (all times are eastern): Housing Starts (8:30), Jobless Claims (8:30), Industrial Production (9:15), Philadelphia Fed Survey (10), EIA Natural Gas Report (10:30), EIA Petroleum Status Report (11) Technical

    By |Published On: October 17, 2013|2 min read|
  • SP 500 Market Analysis 10-16-13

    Today’s Trading Plan: Another Rumor Another Gap

    Pre-market update: Asian markets traded 0.1% lower.  European markets are trading 0.2% lower.  US futures are trading 0.6% higher ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), Consumer Price Index (8:30), Treasury International Capital (9), Housing Market Index (10), Beige Book (2) Technical Outlook (SPX): One of

    By |Published On: October 16, 2013|2 min read|
  • SP 500 Market Analysis 10-14-13

    Today’s Trading Plan: Another Monday Gapper-Downer

    Pre-market update: Asian markets traded 0.4% higher.  European markets are trading 0.1% lower.  US futures are trading 0.8% lower ahead of the market open.  Economic reports due out (all times are eastern): None Technical Outlook (SPX): For the 7th straight Monday we are looking at a large market gap. For the 3rd straight week futures are

    By |Published On: October 14, 2013|2 min read|
  • SP 500 Market Analysis 10-9-13

    Today’s Trading Plan: Bearish Confirmations

    Pre-market update: Asian markets traded 0.2% higher.  European markets are trading 0.1% higher.  US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), Wholesale Trade (10), EIA Petroleum Status Report (10:30), FOMC Minutes (2) Technical Outlook (SPX): Major technical breakdown yesterday.  SPX

    By |Published On: October 9, 2013|2 min read|
  • SP 500 Market Analysis 10-7-13

    Today’s Trading Plan: A Possible Wedge Confirmation

    Pre-market update: Asian markets traded 0.6% lower.  European markets are trading 0.9% lower.  US futures are trading 0.8% lower ahead of the market open.  Economic reports due out (all times are eastern): Consumer Credit (3) Technical Outlook (SPX): SPX bounced nicely off of the rising trend-line off of the November 2012 lows on Friday, however,

    By |Published On: October 7, 2013|2 min read|
  • SP 500 Market Analysis 10-2-13

    Today’s Trading Plan: Support at the 50

    Pre-market update: Asian markets traded 0.4% higher.  European markets are trading 0.1% higher.  US futures are trading 0.2% lower ahead of the market open.  Economic reports due out (all times are eastern): Challenger Job-Cut Report (7:30), Gallup US Payroll to Population (8:30), Jobless Claims (8:30), Factory Orders (10), ISM Non-Manufacturing Index (10), EIA Natural Gas

    By |Published On: October 3, 2013|2 min read|
  • SP 500 Market Analysis 10-2-13

    Today’s Trading Plan: Stocks are Getting Choppy

    Pre-market update: Asian markets traded -0.5% lower.  European markets are trading 0.5% lower.  US futures are trading 0.3% higher ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), ADP Employment Report (8:15), EIA Petroleum Status Report (10:30), Bernanke Speaks (3) Technical Outlook (SPX): SPX gave traders

    By |Published On: October 2, 2013|2 min read|
  • SP 500 Market Analysis 9-30-13

    Today’s Trading Plan: Shutdown Stirs Up Markets

    Pre-market update: Asian markets traded 1.7% lower.  European markets are trading -1.1% lower.  US futures are trading -1.0% lower ahead of the market open.  Economic reports due out (all times are eastern): Chicago PMI (9:45), Dallas Fed Manufacturing Survey (10:30) Technical Outlook (SPX): A significant pullback in play for the SPX as the index

    By |Published On: September 30, 2013|2 min read|