The S&P 500 Volatility Index ($VIX) stayed elevated throughout Friday’s session with the high taping 12.83. Prior and lower resistance at 13-13.50 held with the close above 12.50 being a slightly bearish signal. Continued closes above this level keeps upside risk towards 14.50-50 and the 50/200-day moving averages in play. Fresh support is at 12.50-12. […]
Category Archives: Market News
Tuesday kicks off the start of the “official” start of the 3Q earnings. Here is a peak at some of the major companies reporting numbers. Sign up today to get in on the action! Before the open: Aphria (APHA), BlackRock (BLK), Charles Schwab (SCHW), Citigroup (C), Goldman Sachs (GS), Johnson & Johnson (JNJ), JPMorgan […]
Bulls Recover Near-Term Resistance Levels on Mild Rebound 8:00am (EST) The market showed strength throughout Wednesday on reports China is open to a partial trade deal despite the recent blacklisting of Chinese companies. However, some of the stipulations were no more tariffs being imposed by the Trump administration, including duties scheduled this month and in […]
Before the open: Alibaba (BABA), Briggs & Stratton (BGG), Canadian Solar (CSIQ), Eagle Point Credit (ECC), iHeartMedia (IHRT), JC Penney (JCP), Pointer Telocation (PNTR), Tapestry (TPR), Walmart (WMT) After the close: Applied Materials (AMAT), Globant (GLOB), Nvidia (NVDA), PagSeguro Digital (PAGS), Sundance Energy Australia (SNDE), Voxeljet (VJET), ZTO Express (ZTO)
The S&P 500 Volatility Index ($VIX) was up for the 5th time in 6 sessions after popping to an intraday high of 24.81. Early May and lower resistance at 22-22.50 was breached and failed to hold. A close above the 25 level and the would be an ongoing bearish signal with risk towards 26-27.50 and […]
The S&P 400 Mid Cap Index ($MID) has been in a 6-session trading range with Monday’s high reaching 1,908. Near-term and lower resistance at 1,900-1,925 was cleared and held with a close above the latter and the 50-day moving average being a more bullish signal for higher highs. Near-term support is at 1,875-1,850 and the […]