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Should We Really Be Concerned By Yesterday’s S&P 500 Pullback?

Despite yesterday’s bearish opening gap, the bulls closed it, taking prices higher in a very measured and cautious way. Then, the bears took over the reins and drove the index well below the levels at the start of the day. Have we seen a reversal? In short,...
Monica Kingsley | May 20, 2020 |

The Stock Upswing Is Living On Borrowed Time

The S&P 500 upswing just couldn’t carry on. Friday’s action marks an inside bar as neither the daily high or low exceeded that of Thursday’s session. That’s a textbook example of indecision that doesn&CloseCurlyQu...
Monica Kingsley | March 31, 2020 |

Can the Oil Bulls Go On Pulling A Rabbit Out of Their Hats?

Crude oil bulls are attempting a comeback early in the week. Can they pull a rabbit out of their hats? Carefully examining the situation, we have the answer to that question. It’s great to share the rich details. In the format you are used to – on time and high...
Nadia Simmons | March 5, 2019 |

Failed Breakouts Take a Heavy Toll on the Oil Bulls

The bulls certainly made a strong run yesterday but didn’t finish the day on a strong note in the least. That’s an understatement, actually. They’ve given up almost all of their gains, closing below the many important resistances...
Nadia Simmons | September 6, 2019 |

Positioned for Long-Term Growth: The Cannabis Co. that’s Driving Strong Revenue Results

(CLICK IMAGE TO PLAY VIDEO) Love in the air in the cannabis space again…especially for the last year, year-and-a-half. But there’s a cannabis company that’s not only feeling the love but delivering it to shareholders and investors...
Dave Jackson | June 28, 2021 |

Calm and Boredom Before The Storm Tomorrow? Not in the Least!

Currency market participants look cautious before tomorrow’s big day of the Fed pronouncements. Looks reasonable but even guarded moves can give telling signs. Of where the action is now and where it’s likely to go next, to paraphrase one famous...
Nadia Simmons | March 19, 2019 |

Crude Oil Going Nowhere Despite the Rising Tensions and Supply Cuts?

Crude oil bulls proved weaker and the strength they attempted to project yesterday, evaporated to a considerable degree. Neither today, they appear any stronger. Given the rising geopolitical tensions in the Middle East, one could expect a stronger performance. Additionally, O...
Nadia Simmons | June 14, 2019 |

Have the Stock Bulls Really Sealed the Short-Term Crack in the Dam?

Stocks again made a new intraday 2020 high yesterday, but the bulls were stopped just a point shy of the 3395 mark. Has yesterday’s increase invalidated our reasons to be cautious and take profits off the table? In other words, can we expect the bulls to push t...
Monica Kingsley | February 20, 2020 |

As Stocks Fell Through the Floor Yesterday, Is the Selling Over Now?

After a two-day flirt with breaking below the short-term bearish technical formation, stocks finally declined yesterday. Well before the closing bell though, the bulls stepped in and erased most of the plunge that happened during the first hour of trading. Has it been all ther...
Monica Kingsley | February 24, 2020 |

The Stock Upswing Is Living On Borrowed Time – Part II

Yesterday’s S&P 500 upswing just couldn’t rise over Thursday’s highs. Earlier today, we’ve been in for some volatile, yet short-term sharp moves in the overnight sessions. Similarly to pre-earthquake tremors, does...
Monica Kingsley | March 31, 2020 |
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