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In our previous analysis, we wrote about crude oil’s strength. We emphasized how it was able to break above its declining resistance line and open the day with a price gap, despite numerous...
Yesterday, we’ve pointed out the many bullish signals going for stocks, and saw them open higher, and extend their gains. Well, that was true about the first half of the session, as the S&P...
Yes, it has been only yesterday when we talked about the mixed signals stocks were sending out. Given yesterday’s surprise finish to their intraday resiliency, it might seem misplaced to...
Half the US States and countries like Italy and Germany are gradually easing lockdowns. Taking measured steps, the moves are broadly cheered. Rightfully so? And what does the reopening mean for the...
The gold futures contract lost 1.29% on Wednesday as it retraced most of the short-term rebound from last Friday's daily low of $1,675. Gold is still trading within a relatively flat correction...
In yesterday’s Oil Trading Alert, we opened a long position based on crude oil’s exceptional strength. This position is already over $2 profitable. Crude oil is taking a breather today,...
Stocks made it clear they were not ready to decline back to the 50% Fibonacci retracement yesterday, and instead opened higher. The bulls have been patiently and slowly adding to their modest intraday...
The gold futures gained 0.73% on Monday, as it retraced some more of its recent decline. On Friday, the price bounced off $1,675 level. Gold continues to trade within a relatively flat...
Just like the Bank of Japan last week, the European Central Bank also expanded its monetary policy easing. Meanwhile more than 30 million of Americans applied for the unemployment benefit. What does...
Stocks opened yesterday with a bearish gap, yet the 50% Fibonacci retracement withstood the test, and the bulls staged a comeback. Let’s dig deeper into the health of the comeback – does...
The Gold Futures contract gained 0.73% on Monday, as it retraced some more of its recent decline. On Friday the price bounced off $1,675 level. Gold continues to trade within a relatively flat...
Thursday’s bullish run into the closing bell evaporated faster than you could say Jack Robinson. On the heels of the Amazon (NASDAQ:AMZN) earnings disappointment, stocks slidduring the overnight...
Stocks couldn’t build on Wednesday’s gains, and the bulls had to face selling pressure during yesterday’s regular session. While they’ve dealt with a good part of the intraday...
Already at yesterday’s open, stocks have erased Tuesday’s downswing – and as the day progressed, more gains came in. The S&P 500 finished at our initial upside target, at the...
The Gold futures contract lost 0.51% on Wednesday but it's basically remained within Tuesday's trading range. The market continues to trade within a short-term downward correction following last...
Despite opening with another bullish gap, the buyers just could not push stocks higher yesterday. But the futures have rebounded in the overnight trading. So can the S&P 500 upswing continue...
The Gold futures contract lost 0.09% on Tuesday, as it slightly extended its short-term downward correction following last week’s advance. The market has bounced off the mid-April local...