Uptrend Under Pressure

Microsoft, Netflix, United Health earnings and Tesla corporate news provided investors with some positive and actionable trading themes last week that ultimately delivered some lift to an otherwise trendless US equity landscape. Technically, the market outlook remains...

The Fed’s non-move lets the bulls back in

US equity investors received a shot of monetary accommodative confidence from the FOMC yesterday and in the process rallied sharply. The S&P 500 (+1.09%), Dow Industrials (+0.90%) and Nasdaq (+1.03%) moved higher to regain some recently lost ground. Volume also...

Investors brace for September

U.S. equity markets closed out the month of August with little to show for themselves. In fact as a result of yesterday’s anemic performance the S&P 500 closed out the month in negative territory. All three major US equity indices lost ground on accelerating...

Oil is Back in the Narrative

US equity markets slipped quietly into mid-August. Last week the S&P 500 rose a slight 0.002% - effectively a flat performance. The Dow Industrials, also flat, rose 0.004%.   Just when OPEC members felt comfortable that their approach to vanquishing US production...