The US Stock Market Finished Flat to Little Changed

The US Stock Market Finished Flat to Little Changed

$DIA, $SPY, $QQQ, $VXX The stock market closed flat to little changed Wednesday, marking the 2nd straight day for the Bull’s pause to refresh near record highs. The S&P 500 (+0.1%), DJIA (unch), and NAS Comp (-0.3%) closed within 0.3% of their flat lines, the Russell 2000 (-0.6%) lagged. Wednesday, the DJIA -0.07 at 27492.60, NAS Comp -24.05 at 8410.63, S&P 500 […]

US Stocks ‘Paused to Refresh’

US Stocks ‘Paused to Refresh’

$DIA, $SPY, $QQQ, $RUTX, $VXX INDUSTRY WATCH Strong: Financials, Information Technology Weak: Materials, Communication Services, Industrials Highlights: Relative strength in the S&P 500 financial and information technology sectors Shares of Apple (NASDAQ:AAPL) continue to outperform following positive analyst coverage Facebook (NASDAQ:FB) is under criminal investigation for some of its data deals General Electric (NYSE:GE) issues FY 2019 earnings warning; CEO offers […]

Fed to Signal Long Rate Hike ‘Pause’ at December FOMC Meeting

Fed to Signal Long Rate Hike ‘Pause’ at December FOMC Meeting

Fed to Signal Long Rate Hike ‘Pause’ at December FOMC Meeting President Donald Trump’s top economic adviser said he expects the Fed to pause its interest-rate increases for “quite some time” after a possible hike later this month. As Federal Open Market Committee (FOMC) members prepare to meet on 18-19 December, “I think they’re signaling […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: Over 20% of S&P 500 companies have reported, 72% have beat The Street estimates Market is concerned about the Fed overreacting, as it always does. China’s economy is in decline Halloween Market Week: Tricks & Treats The US stock market’s technical indicators suggest […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: 20% of S&P 500 companies have reported, 70% have beat The Street estimates The S&P 500, DJIA and NAS Comp held their 200-Day SMA’s Friday Market is concerned about the Fed overreacting, as it always does. China’s decline is feared, may decline further, […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, earnings season starts in earnest For now traders are playing an oversold bounce. But, if this is a relief move, the later you enter, the worse risk/reward.  So, be selective if you are adding more bounce plays. Also, look at some areas receiving […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week: new money, earnings season, and the jobs report Friday. September was not a Southside month this year, solid but not huge. So many participants are expecting a selloff in October. It may happen, though it did not happen last year after a […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week FOMC meets on Tuesday and Wednesday to talk a rate hike and more trade issues with China, Canada, and the EU. The heavy pressure is on China now. Then there is The Trump Administration’s feelings toward social media and WH […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, lots more US economic data this week. We will see the Empire PMI Monday and the Philly Fed Thursday. Housing starts, Existing home sales, Leading indicators also this week. The the major US major stock market indexes continue to trend higher and in the face […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Lots more US economic data this week. Consumer credit, Small business sentiment, PPI, CPI, Fed Beige Book, retail sales, Production plus. The CPI is watched because of the FOMC and its rate hiking. Retail sales are watched as a barometer of the consumer, though inflation as we know […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The US markets will be closed Monday in celebration of Labor Day. Last Friday’s Wall Street action ahead of an extended Labor Day weekend was eventful in terms of trade-related headlines, but an uneventful one for the major US major stock market indexes averages, which […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Up this week: US Consumer Confidence, 2nd GDP read, Personal income and spending, Chicago PMI. Classic Fed interest rate moves miscalculations is always cause for concern, as the Fed is making its same mistakes: it sees an overall still strong economy, stocks still strong, and it ignores […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Q-2 earnings is coming to a close, so lets look at the technicals DJIA leads as money rotates form tech’s to its blue chips Tech leaders topping, the rotation allows the move to continue; some leaders will soon drop out. DJIA: Thursday the DIA finished solidly higher, […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Q-2 earnings is coming to a close, just as Key economic data coming up. This week we have: retail sales, Empire manufacturing and Philly Fed, industrial production and capacity, housing starts, leading indicators, and MSI. Data is important as it is important the US economy remain […]

US Stock Indexes “Pause to Refresh” After Record Runs

US Stock Indexes “Pause to Refresh” After Record Runs

US Stock Indexes “Pause to Refresh” After Record Runs $DIA, $SPY, $QQQ, $VXX US stocks paused to refresh Monday as each of the major Wall Street indexes retreated from record highs  General Electric (NYSE:GE) down 6.3%, saw its biggest 1-day percentage decliner in more than 6 years after a host of brokerages cut their price […]

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks are looking Bearish in here. Signs of weakness are visible after testing 1st resistances near term. There is room for some more dip in the near term before any medium term recovery is seen. PE DJIA at 19170.42, […]

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Worldwide stocks are mixed. Nikkei, Shanghai are trading near Key resistance marks and could come off near term while DJIA has some more room to move North medium term if it breaks the 1st resistance above current marks. DAX […]

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: A pause to refresh? PE DJIA 19123.58, +0.01% testing interim resistance at 19250, no pause is seen in here. The Bulls look to be intact and a clear break above 19250 The Trump Rally extends towards 19300-500 near term. DAX […]

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The US and the Japanese markets are taking a breather, the European markets are yet to find any Northside momentum. The Asian markets lack strength in here with China showing signs of fatigue at the higher marks.PE DJIA at 19121.60, […]

Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing $DIA, $DAX, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks markets could see some correction near term before resuming The Trump Rally. Near term looks Bearish as most indices are either testing resistance or have come off from resistance marks. PE DJIA at 18868.14, -0.29% near Key resistance, […]

Friday’s Technical Outlook for DJIA (.DJI)

Friday’s Technical Outlook for DJIA (.DJI)

Friday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Thursday, Wall Street’s major market indexes finished the day flat to unchanged. DJIA down by 23 pts closed at 17,828.29, the S&P 500 down 0.02% at 2,090.10, and the NAS Comp + 0.14% or 6 pts to end at 4,901.77. Worldwide stocks’ trading was choppy, but positive, […]