Economy
Bulls Regain Footing Above Key Level

Bulls Regain Footing Above Key Level

Stocks rebounded last week as the bulls regained their footing at a key level. The S&P 500 rose 1.2 percent between Friday, September 7, and Friday, September 14. It was the biggest weekly gain in two months, with more than two-thirds of the companies in the index...

Suddenly, Bulls Return to Global Markets

Suddenly, Bulls Return to Global Markets

After months of pain, global stocks and assets are trying to rebound. The last two sessions have brought a sudden flow of positive news. So far, it seems to be shifting sentiment away from trade wars and currency crises to optimism and value hunting. We're seeing that...

Check Out This Stunning Divergence in Tech

Check Out This Stunning Divergence in Tech

Software versus semiconductors. It's a major split running down the middle of the technology sector. The chart below compares the performance between the iShares North American Software ETF (IGV) and the Market Vectors Semiconductor ETC (SMH) since the start of 2016....

Horseshoes and Hand Grenades: Levels on the S&P 500

Horseshoes and Hand Grenades: Levels on the S&P 500

Ever heard the saying that "close only counts in horseshoes and hand grenades?" It means coming close to a goal isn't good enough for most projects. But it can be good enough when it come to charting the S&P 500. Last week, for instance, Market Insights surveyed...

Tracking the Bears in China

Tracking the Bears in China

Global economic and financial issues are back in the forefront. Turkey's been the main story in the last week, but today China has some important headlines. Simply put, they're all negative. The country's economic reports for July had a triple-miss overnight:...

Oil and Currencies in Play as China Stumbles

Oil and Currencies in Play as China Stumbles

Oil, China and currencies: They’re all in play today as a slew of global events sweep markets. Market Insights recently detailed how President Trump’s trade policies weakened business confidence overseas. Last week we cautioned the slowdown — especially in China —...

Consumer Stocks Drift Higher Before Events

Consumer Stocks Drift Higher Before Events

Consumer stocks on the rise, just in time for a series of important news events. Of all the major sector-tracking SPDR ETFs, consumer discretionary (XLY) is closest to its 52-week high. (See RadarScreen® below.) That shows bullish sentiment toward the group and may...

Can China Spend Its Way out of Trade War?

Can China Spend Its Way out of Trade War?

In case you didn't notice, China gave emerging markets and commodities a shot in the arm yesterday by announcing a series of stimulus measures. What's going on? Why's the world's second-largest economy turning to Keynesianism at a time when the U.S. is enjoying some...

Suddenly Industrial Stocks Are Ripping

Suddenly Industrial Stocks Are Ripping

While everyone has worried about tariffs and trade, a wave of positive news has emerged in the industrial sector. Last night's strong earnings report from CSX (CSX) was a case in point. America's third-biggest railroad operator rolled past estimates on the top and...

Another Strong Day in Housing

Another Strong Day in Housing

Last week we highlighted a rare green shoot in housing. Today it might have sprouted a little higher. Homebuilders, believe it or not, are the best-performing industry among dozens available on TradeStation's ever-useful RadarScreen comparison tool. Click here for a...