stocktock.com discusses the US Dollar breakout and today's rally in the S&P to the 50-day moving average. The dollar rally must be respected and its implications should not be taken lightly. Regarding the rally in equities, the trend is your friend so don't fight the rally. We highlight the dollar index, SPY, NASDAQ, gold GLD, oil USO, natural gas UNG, financials XLF, reional banks KRE, retailers RTH, and TSO. Have a great weekend!
as the index squeaked out a gain of 3 points despite a surge in oil. The US dollar pulled back, causing a bounce in commodities. We look at our natural gas trade and how the UNG setup perfectly heading into today’s inventory number. We look at the key support and resistance levels on the S&P, XLF, QQQQ, IWM, and USO. We also highlight swing trade opportunities in SWC and Q. … technical analysis business charts economy ETF stock market oil NASDAQ QQQQ resistance support S&P SPY StockTock XLF …
. Oil and gas got crushed today. Full disclosure: StockTock is 0/3 on UNG bottom calls, but we bought some UNG today on what felt like panic selling. This is not a hurricane play, but a psychological bottom call. We look at charts of SPY, XLF, IWM, QQQQ, UNG, GS, and MER. There will be no video tomorrow but I will try to post one on Labor Day. Have a great holiday weekend! … technical analysis elliot wave charts economy ETF stock market oil NASDAQ QQQQ resistance support S&P SPY StockTock XLF …
FREE Newsletter and FREE eBook - click here - bullwarriorstocks.com Are you a FaceBook member? Want ‘real time’ alerts? Join our fan page - www.facebook.com
spread and its importance to the credit markets. We analyze the S&P chart, as the important 61.8% Fibonacci retracement level held again today. We look at XLF, GS, MS, QQQQ, AAPL, and RIMM ahead of its earnings report tomorrow after the close. We point out an interesting retracement in the VIX. We also discuss what we consider counter-trend moves in the US dollar, oil, and gold. … technical analysis elliot wave charts economy ETF stock market oil NASDAQ QQQQ resistance support S&P SPY …
FREE Newsletter and FREE eBook - click here - www.bullmarketnewsletter.net Are you a FaceBook member? Want ‘real time’ alerts? Join our fan page - www.facebook.com
StockTock.com discusses QQQQ, the US Dollar (UUP), Gold (GLD), Oil (USO), Natural Gas (UNG), Real Estate (IYR), and SRS. We also talk about the possibility of an options expiration rally. … technical analysis elliot wave charts economy ETF stock market oil NASDAQ QQQQ resistance support S&P SPY bailout XLF
Today we look at the USO and UNG and try to decipher where they are headed and what possible trades could be on the table. We believe that the USO is the reason why the S&P remains up while other stocks have potentially topped already.