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Standard and Poors 500 technical analysis, calm before the storm

News by Simon Kazinsky on 10:46 EST April 09, 2018
The Standard and Poors 500 index is refusing to drop below the 2,600 mark.

Facebook below key multi year support

Tech analysis by Simon Kazinsky on 12:07 EST March 20, 2018
Facebook shares fall another 4% on Tuesday trading.

Tariffs on steel, a further sign of global overcapacity

News by Newsroom on 02:51 EST March 07, 2018
Funny how war doldrums come and go in the US in an orderly fashion.

Apple set to continue heading lower

Tech analysis by Simon Kazinsky on 02:47 EST February 08, 2018
Apple is unable to recover territory and come back above its mid term supporting moving average.

Why the bitcoin mania is a blinding red flashing light signaling the end of a grand cycle

News by Allie Longford on 13:45 EST January 16, 2018
Airtime, articles and endless gigabytes are being dedicated to Bitcoin and all its siblings in the cryptosphere over the last few months.

Facebook tumbles and drops below key support

Tech analysis by Simon Kazinsky on 11:29 EST December 04, 2017
Techs / FANGS are not that exhuberant lately.

Stocks snap after Michael Flynn entering guilty plea in connection to Russia probe

News by Newsroom on 11:43 EST December 01, 2017
Stocks flash crashed during Friday afternoon trading.

Gold price may be near a new leg down

News by Simon Kazinsky on 12:48 EST November 29, 2017
Gold is consistently showing its inability to rally under any circumstances.

Apple sets a double top

Tech analysis by Simon Kazinsky on 12:29 EST November 29, 2017
Apple is no exception on Wednesday trading and, like the rest of the tech giant is having a painful day, just after yesterday enthusiasm following a new all time high.

Facebook posts worst day of the year after setting record high

Tech analysis by Simon Kazinsky on 12:20 EST November 29, 2017
Facebook is sliding rapidly after setting a record high yesterday when traded at $183 a share.

October pending home sales fuel stock market party

News by Newsroom on 11:14 EST November 29, 2017
The National Association of Realtors (NAR) released on Wednesday morning its data on pending sales of existing homes for the month of October.

Stocks up as US GDP improves

News by Newsroom on 10:53 EST November 29, 2017
The second reading for US GDP in the third quarter beat expectations as it was announced on Wednesday by one-tenth of a percent at +3.3% annualized.

Stocks on free rise as consumer confidence best in almost two decades

News by Newsroom on 12:45 EST November 28, 2017
With a score of 129.5 the US CB Consumer Confidence index has set on Tuesday yet another high, and its best since the year 2000, just before the dot com crash.

Dismal retail sales dump optimism

News by Newsroom on 08:32 EST November 15, 2017
US retail sales increased by 0.2% in the month of October, far below the 1.6% anticipated.

GE shares plunge 7% in biggest decline since housing recession

News by Newsroom on 21:40 EST November 13, 2017
It is not all as rosy as the ever ascending Wall Street indices may suggest.

Spanish IBEX loses the 10,000 mark

News by Newsroom on 09:19 EST November 13, 2017
Bad start of the week for stocks on both sides of the Atlantic.

Stocks highers and dollar strong at the end of the week

News by Newsroom on 13:51 EST November 03, 2017
Stock indices are heading north at the end of the week with the S&P500 set to establish an all time weekly close in Friday afternoon near the 2,600 mark.

US business investment showing best gain in 14 months

News by Newsroom on 11:11 EST November 03, 2017
US factory orders up 1.4 percent in September, with business investment showing best gain in 14 months.

Standard and Poors 500 touches a multi year fibonacci ratio

Tech analysis by Simon Kazinsky on 14:26 EST September 18, 2017
It has finally made it.

Markets mutted as FED minutes are released

News by Newsroom on 14:05 EST August 16, 2017
No major moves on the currency and stock markets after the FED released its last meeting minutes on Wednesday.

Michigan Consumer Sentiment also on target

News by Newsroom on 10:03 EST July 28, 2017
Following a US GDP reading in line with expectations, Michigan Consumer Sentiment follows the same suit.

US GDP on target

News by Newsroom on 08:33 EST July 28, 2017
Gross domestic product in the US grew by 2.6% annualised on the second quarter according to the latest report released on Friday.

Trump continues to take credit for the stock market bonanza

News by Allie Longford on 18:13 EST July 16, 2017
The 45th US president arrived to the White House last year mastering different skills.

Non Farm payroll higher than expected send stocks marginally up

News by Newsroom on 08:33 EST July 07, 2017
220,000 new jobs created above expectations of 177k.

The golden fibonacci ratio is just an inch away on the S&P500

Tech analysis by Simon Kazinsky on 16:48 EST June 19, 2017
The benchmark index for the main US 500 American companies is about to reach an important level just a few points above the 2,500 mark a round figure that is also important on its own.

Very weak retail sales send stocks higher

News by Allie Longford on 09:14 EST June 14, 2017
Still in the new normal phase where bad news is good news.

Monday blues for US stocks

News by Allie Longford on 09:43 EST June 12, 2017
As implied by futures on Monday night the main US indices start the week with further loses.

Dow Jones at multi year fibonacci ratio

Tech analysis by Simon Kazinsky on 13:11 EST May 22, 2017
The Dow Jones reached an all time high at 7,250 in March and has not been able to keep moving up.

The Trump bump comes to an end

Tech analysis by Simon Kazinsky on 00:49 EST April 17, 2017
It has been easy to remain bullish on the Standard and Poor's 500 index as the chart showed 2 moving averages first being resistance before the US election and then turning into support after the event.

Trump strikes Syria, stocks plummet

News by Newsroom on 21:31 EST April 06, 2017
The US has, reportedly, launched a missile against a base in Syria this Thursday evening.