Daily Commentary

Today’s session is a low volatility compression Range Day in the S&P 500, but there are trending stocks to play. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. With Friday’s breakout surge above the 2,060…

Just how high can Amazon.com (AMZN) stock go? Let’s update our targets, highlight the trend, and tackle this raging bull stock. The weekly chart shows a persistent uptrend beginning in January 2015 that has doubled the price from $300.00 per share to the current $600.00 level. The uptrend has been remarkably stable and has been…

The short-squeezed breakout stock market continued higher today with an impulse through the 2,060 pivot. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. The 2,060 level was the resistance target and pivot point from the…

Not to be outdone by sellers, buyers rushed to short-squeeze the market sharply higher today, thrusting price into the underside of the 200 day SMA target. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. An…

“What is strong tends to get stronger.” As we breakout to new swing highs in the stock market, let’s focus our attention on six persistently strong uptrending stocks for possible “buy” retracement candidates. Here’s the list of Six Strong Stocks downtrending in the S&P 500: Here’s the same six charts from FinViz.com (just a different…

That’s two days in a row of a failed breakout attempt or a “Bull Trap” intraday reversal. Hopefully we learn the lessons from the prior session when trading today. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join…

What’s the current major “Bull/Bear” Pivot Price for the S&P 500? On what level should we be focusing? Let’s take a laser-like focus on this price level and plan our strategy for the rest of the week. Here’s the simple pivot in the S&P 500: Our key focal point is 2,033 (technically 2,030 to 2,040)…

Well that was fun while it lasted. Price broke intraday to a new swing high above 2,035 but instantly gave back the gains on a Bull Trap. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit….

Friday’s “Wall of Overhead Resistance” continued to play out in today’s Repeat Range session. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Price traded slightly higher above 2,030 mid-day on extended negative divergences – a…

After a strong bullish rally sent the market higher yesterday, we’re seeing price meet a wall of resistance. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Members expected the bullish turn yesterday due to multiple…