This morning, the leading transportation stocks are coming under some early selling pressure. The railroad stocks look to be a little weak at the start of the day causing the decline in the sector. One... Read »

I hold by the view of a final move up to the 1500s, likely getting close to or at new highs, a triple top of the 1550-ish level hit in 2000 and 2007. I now see other pundits joining in. Carl Futia is out... Read »

This morning, the leading retail stocks are the one industry group that is holding up well. The sector is being lead by Costco Wholesale Corporation (NASDAQ:COST), and Dollar Tree Inc (NASDAQ:DLTR). Both... Read »

Markets are getting some downside follow-through after yesterday’s late reversal. The S&P rallied to Resistance 2 before starting to fail at 1329 (SPY’s hit that $132.90-133.20 area). Overseas... Read »

This morning, many of the leading home-builder stocks are trading higher after the existing home sales report showed a rise of 3.4 percent in April. One of the leading home-builder stocks that a trader... Read »

The Wall Street Journal reported Monday that the Greeks may be having a change of heart relative to going out on their own sans the euro: Greece’s conservatives, who support the country’s international... Read »

Futures point to a higher open on Wall St Tuesday, building on yesterday’s strong bounce back. Late last week we hit the measured move from the Head and Shoulders Pattern, a great spot to cover shorts... Read »

This morning, all of the major stock market indexes are rebounding higher today. It is important to note that all of the major stock market indexes are severely oversold in the near term, therefore, a... Read »

The leading gold mining stocks have been bouncing higher since May 16, 2012. This morning, the Market Vectors Gold Miners ETF (NYSEARCA:GDX) is trading higher by 0.93 cents to $42.55 a share. Short term... Read »

This morning, the S&P 500 Index e-mini futures (ES-M2) are trading higher by 6.50 points to 1307.75 per contract. The European markets are trading flat to higher as yields on Spanish and Italian debt... Read »