It might be worth keeping an eye out for Walmart earnings before the US market opens on Thursday. The S&P500 and DJIA US markets indices are trading at all time Highs but the sentiment for the day could well be influenced by Walmart’s earnings report; the company reports before market open.
This article follows up from an earlier article I wrote about Lithium stocks back in May 2018. Since that time there has been a decent pullback with Lithium and Lithium stocks but it might be worth watching to see if this downtrend is coming to an end. There have been bullish-reversal signals on a few […]
The most recent bullish breakout run for Gold started in May 2019. Some commentators are suggesting that we’re only now starting to see a new bullish era for the precious metal but others suggest this rally is well overdone. In this post I review the charts of Gold from a technical perspective and consider bullish […]
The Financials ETF, XLF, is highly liquid and made up of large cap financials from the S&P500 index. The recent volatility is messing up many charts but this one seems to be consolidating in some obvious technical patterns that may help traders identify a new breakout; if and when it might trigger. There are no […]
The major US stock indices are struggling near all time Highs and, so too, is Amazon, AMZN. The $2,000 is shaping up as a major psychological level for the stock and there will no doubt be talk of a bearish reversal Double Top. In this post I assess the various time fame charts of Amazon and […]