Equities markets have made a significant recovery in recent weeks but only to arrive at the 61.8% Fibonacci retracement of the recent sell off down to 2,185. In this week’s Technical Insights, Toby from Trade With Precision assesses the US SPX 500 technicals and notes the market would be predicting a “V” shaped and sustained recovery from here… however he disagrees with this sentiment. He sees the overhead resistance, coupled with the unprecedented US and global unemployment rate as a...
Stock futures are on the rise this Thursday morning as investors turn to several key earnings reports and data for direction. Also, the SP500 is in focus....
The trading week has come to a close and Stocks rose sharply on Thursday, wrapping up a big week of gains, after the Federal Reserve detailed a series of programs to support the economy during the shutdowns from the coronavirus pandemic....
As the new trading week prepares to kick off, stocks are pointing to a positive open this Monday morning as investors turn to several key economic reports for direction. Meanwhile, the SP500 is in focus....
As the final trading session of the week kicks off, stocks are set to see a bit of a slide as investors await key personal income and sentiment data. Also, the SP500 is in focus....
US futures are in the red this Tuesday morning as investors turn their focus to upcoming manufacturing data as Congress makes another attempt to pass a US stimulus package. Also, the SP500 is in focus....
Stock futures are pointing to another series of data releases for direction as the coronavirus continues to cripple the markets. Meanwhile, the SP500 is in focus.....
One-day removed from the Dow jones' largest point drop of all-time, US stock futures are pointing to a rebound as investors turn their focus to the upcoming trading session and political announcements....
Stock are flat as the market attempted to rebound from the worst two-day slide for the S&P 500 in four years with no apparent positive coronavirus headlines that would support the markets....
The recent upswing in stocks continued this Thursday morning as investors turn to more jobs data and earnings for direction. Also, the SP500 is in focus....
Futures remain on the upside after closing mixed on Friday as the Dow Jones Industrial Average hit a fresh record high. Meanwhile, the SP500 is in focus....