Airline stocks are on watch, and trader says one looks ready to break out

By Keris Lahiff, CNBC Airline stocks were in focus Wednesday morning on the promise of federal relief to help stem the damage from the coronavirus. Delta, American Airlines, JetBlue and Southwest were among the companies who said they had reached a deal to secure a slice of the $25 billion package from the Treasury Department. Bill Baruch, president of Blue...

Weekly Market Outlook – The Right Move, But Not Quite the Right Way

No major complaints. The market gained a little more than 12% last week, making it another one of the "best weeks for stocks in years" weeks just two weeks after the same was said about the week ending on March 27th. As of right now, the S&P 500 is up more than 27% from its March 23rd low. At this...

Weekly Market Outlook – The Right Move, But Not Quite the Right Way

No major complaints. The market gained a little more than 12% last week, making it another one of the "best weeks for stocks in years" weeks just two weeks after the same was said about the week ending on March 27th. As of right now, the S&P 500 is up more than 27% from its March 23rd low. At this...

Our Fib Trading System is Telling Us Where The Market Is Headed Next

In this section of our multi-part research post centered around our Adaptive Fibonacci Price Modeling system’s expectations, we are focusing on the NQ (NASDAQ futures) and the future expected price rotations. As we discussed earlier, in Part I, Fibonacci price theory teaches us that price must always attempt to establish new price highs or new price lows within a trend. ...

Our Fib Trading System is Telling Us Where The Market Is Headed Next

In this section of our multi-part research post centered around our Adaptive Fibonacci Price Modeling system’s expectations, we are focusing on the NQ (NASDAQ futures) and the future expected price rotations. As we discussed earlier, in Part I, Fibonacci price theory teaches us that price must always attempt to establish new price highs or new price lows within a trend. ...

FANG Stocks Update – Netflix is Leading the Charge Back Out of Trouble

Is the worst over for the market, as far as the fallout from the coronavirus outbreak goes? Definitely maybe. Stocks certainly made a good showing on Monday when they didn't have to, in response to seemingly good news on the contagion front. Namely, the S&P 500 as well as the NASDAQ Composite made higher highs on Monday, clearing the highs...

FANG Stocks Update – Netflix is Leading the Charge Back Out of Trouble

Is the worst over for the market, as far as the fallout from the coronavirus outbreak goes? Definitely maybe. Stocks certainly made a good showing on Monday when they didn't have to, in response to seemingly good news on the contagion front. Namely, the S&P 500 as well as the NASDAQ Composite made higher highs on Monday, clearing the highs...

The Good News (And Bad News) About Monday’s Surge

Not surprisingly, a little progress on the coronavirus front went a long way with investors. While the number of national and global cases continues to rise, the pace of that spread is seemingly slowing. That portends an eventual end to the contagion, and traders being traders, they'd rather take the chance on being too early than missing out. With that...
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