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: Wow, what a rally, yesterday. Honestly, I don’t think anybody came into the trading day thinking that the Dow Jones Industrial Average (DJIA) would pop off 300 points or that  the S&P 500 (SPX) would rally nearly 30 points. Nonetheless it did, and is why you always have to be prepared for any and all situations as
The Swing-Trading Edge has offered unbelievable opportunities for traders during the month of November, and I expect the same as we get going here in December. Start trading with me to see for yourself what a membership to my service can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription,
The Swing-Trading Edge has offered unbelievable opportunities for traders during the month of November, and I expect the same as we get going here in December. Start trading with me to see for yourself what a membership to my service can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription,
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
The Swing-Trading Edge has offered unbelievable opportunities for traders during the month of November, and I expect the same as we get going here in December. Start trading with me to see for yourself what a membership to my service can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription,
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,
The Swing-Trading Edge has offered unbelievable opportunities for traders during the month of November, and I expect the same as we get going here in December. Start trading with me to see for yourself what a membership to my service can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription,
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