Finding the Best ETFs for Trading Exchange Traded Funds (ETFs) are all the rage these days. Traders are always on the hunt for the latest and greatest ETFs and what is the best ETF to trade on a day-to-day basis. ETFs come in all shapes and sizes and each day it seems like there is
Technical Analysis: A much cleaner trading session for the bulls, as the market opened and rallied higher on the day, leaving little doubt as to who was in control during the session. Biotechs saw a solid push higher yesterday which provided the market with a solid floor to work from. Nasdaq (COMPQX) looked re-energized
Technical Analysis: The S&P 500 (SPX) jump started the Santa Rally with a hard sell-off yesterday that sent equities reeling nearly 1% and to the lower end of the short-term trading range. Price broke the 5-day and 10-day moving averages and threatens to test the 20-day moving average today. This is the strongest sell-off seen since
Technical Analysis: Quiet day yesterday for the stock market as the S&P 500 (SPX) pulled back a meager 5 points. Volume on SPDRs S&P 500 (SPY) was dropped significantly from the previous day’s reading and was well below recent averages. You can expect even lighter volume today and tomorrow as more traders leave for the Christmas holiday. Price
Technical Analysis: The S&P 500 (SPX) exhibited dull price action but nonetheless managed to rally higher yesterday and out of the bull flag it had been trading in the previous few trading sessions. Volume on the SPDRs S&P 500 (SPY) dropped off just a smidge yesterday and remains below average. The drop off in the last two
Technical Analysis: S&P 500 (SPX) rallied for a fifth straight day this week and well overextended. Still the market continues to rally. Volume on SPDRs S&P 500 (SPY) was once again above average and strong, though not to the same extent seen on Wednesday. Amazingly, SPY has been up 17 of the last 23 days since
Technical Analysis: The S&P 500 (SPX) opened strong yesterday in the wake of the Italian referendum, but as has been customary in the previous five trading sessions, the price action faded the early morning gains. On the flip side, SPX did manage to regain its 5 and 10-day moving averages. It will be important for
Technical Analysis: The S&P 500 (SPX) did little to nothing on Friday as price maintained the status quo while also upholding support at the August 2016 highs. There exists still the potential for a test of the 20-day moving average. Volume on SPDRs S&P 500 (SPY) fell for a second consecutive day, and came in below recent averages.Â
Technical Analysis: A rare day of near-unabated selling yesterday in the S&P 500 (SPX), that saw the index drop a resound 7.7 points! (gasp!) All kidding a side, you have the 5-day moving average starting to tilt lower, as well as the 10-day moving average being broken in a convincing manner. Good chance at this point,
Technical Analysis: Despite Oil (/CL) experiencing its biggest rally since March (+9%), the S&P 500 (SPX) sold off in the afternoon and into the close to finish in negative territory. Even with banks and oil companies soaring, it wasn’t enough to lift the market higher. Volume on SPDRs S&P 500 (SPY) had a strong bearish engulfing candle pattern