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Stock Trading Alert: Stocks Extend Short-Term Consolidation, Which Direction Is Next?
January 29, 2016, 6:42 AMS&P 500 index remains within short-term consolidation, as it continues to trade along the level of 1,900. Which direction is next? Will it break down below support level and continue its first half of the month decline? Or is this a consolidation before new uptrend?
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Stock Trading Alert: More Uncertainty as Stocks Extend Their Short-Term Fluctuations
January 28, 2016, 6:28 AMS&P 500 index continues to trade along the level of 1,900, as investors react to quarterly earnings releases, oil prices fluctuations. Is this a correction following first half of the month's sell-off or consolidation before more meaningful retrace of the sell-off?
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Stock Trading Alert: S&P 500 at 1,900 Mark, Bottoming Action Or Just Consolidation Before Another Leg Down?
January 27, 2016, 6:46 AMS&P 500 index extends its short-term consolidation along the level of 1,900. Is this a bottoming action or just correction within downtrend? Investors continue to react to quarterly corporate earnings releases, oil prices fluctuations.
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Stock Trading Alert: More Volatility As Investors Await Quarterly Earnings Releases
January 26, 2016, 6:51 AMS&P 500 index is back below the level of 1,900, as volatile short-term consolidation extends. Investors continue to react on oil prices, Asian stock markets. Is this a bottoming pattern or just consolidation before another leg down?
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Stock Trading Alert: S&P 500 Above 1,900 Mark Again, New Uptrend or Just a Bounce?
January 25, 2016, 6:37 AMS&P 500 index extended its short-term move up on Friday. Is this a new uptrend or just upward correction? Investors will focus on quarterly earnings releases this week. Will the market trade along last year's August - September local lows for some time?
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