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The Great Market Melt-Up of 2018?

Michael P. Regan and Lu Wang of Bloomberg report, Are You Missing Out on the Great Market Melt-Up?:Make no mistake, fear is running amok on Wall Street these days—fear of missing out.As the S&P 500 got off to its best start to a year since 1999 and the Dow Jones industrial average topped 25,000 ...

Tech Talk for Monday January 15th 2018

Combining Seasonal and Technical Analysis Using StockCharts Thanks to Greg Schnell and StockCharts for the opportunity to give this presentation on Saturday to all StockCharts subscribers. Greg’s comments fit nicely with the presentation on seasonality. Following is a link: http://stockcharts.com ...

Strong Stocks Leading to Bear Market in Bonds and Men?

Bill Gross announced irreverently that there is now a bear market in bonds and men.  Elsewhere, Ralph Acampora opined that this market is stronger than the 1990s stock market.  Both may be right at least on the markets: the charts certainly support their contention. Elsewhere, airlines are taking ...

Tech Talk for Wednesday January 10th 2018

Pre-opening Comments for Wednesday January 10th U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade. Signet Jewellers dropped $4.62 to $51.97 after lowering its fourth quarter sales guidance. Lennar fell $1.12 to $65.55 after reporting less t ...

Tech Talk for Tuesday January 9th 2018

Pre-opening Comments for Tuesday January 9th U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. The Canadian Dollar was virtually unchanged following release of Canadian December Housing report. Starts at 8:15 AM EST. Consensus was 211,000 ver ...

Tech Talk for Monday January 8th 2018

Pre-opening Comments for Monday January 8th U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points in pre-opening trade. Darden Restaurants (DRI $99.31) is expected to open higher after the company raised its 2018 earnings guidance Lululemon gained $2.07 to $81.50 af ...

Tech Talk for Thursday January 4th 2018

Pre-opening Comments for Thursday January 4th U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. Dow Jones Industrial Average futures are expected to open just below 25,000. Index futures moved slightly higher following release of economic new ...

Tech Talk for Wednesday January 3rd 2018

Pre-opening Comments for Wednesday January 3rd U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points in pre-opening trade. IBM gained $0.63 to $47.26 after RBC Capital upgraded the stock to Outperform from Sector Perform. Wendy’s added $0.13 to $16.45 after SunTrus ...

Tech Talk for Tuesday January 2nd 2018

Pre-opening Comments for Tuesday January 2nd U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points in pre-opening trade. Index futures are benefiting from positive money flows coming from individual investors deploying yearend bonuses and from institutional in investo ...

Tech Talk for Friday December 29th 2017

Pre-opening Comments for Friday December 29th U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points in pre-opening trade. Equity market volumes are expected to remain lower than average today as investors check out early prior to start of the New Year’s holiday wee ...