NASDAQ: rethink of the key resistance level

I’ve long been seeing the NASDAQ in a bullish ascending triangle, akin to those on the S&P500 and DJIA, and I still am but I’m having a re-think of the key resistance level …
0 Comments Read more →

Aussie stocks: some worth watching

Aussie stocks have not enjoyed the same level of success as their global counterparts since the GFC. The XJO index, the ASX-200, has not reclaimed the highs it printed prior to th …
0 Comments Read more →

S&P500: a quick look at this major index ahead of FOMC

The S&P500 is consolidating under major resistance ahead of Thursday’s FOMC meeting and there are some key levels and trend lines worth watching for potential breakouts once …
0 Comments Read more →

US stocks pull back: was that it?

The S&P500, DJIA and NASDAQ are three major US stock indices that have recently broken up through significant resistance levels following lengthy range bound periods. Global st …
0 Comments Read more →

US stocks: more pain before any sustainable gain?

Global stocks have been hammered over recent trading sessions but, in my humble opinion, this is only helping to affect the necessary testing of some key trend lines before any sus …
0 Comments Read more →

Aussie stocks worth noting as May draws to a close

Some Aussie stocks/ETFs worth watching as May draws to a close and as key support seems to be holding. Note how some of the Mining/Resource stocks  are starting to look interestin …
0 Comments Read more →

Gold: stocks and ETFs worth watching

Gold has been in a bit of recovery mode of late given recent US$ weakness. I wrote a separate article earlier today about the precious metal and levels to watch which can be found …
0 Comments Read more →

A look at Gold & Silver prior to April’s FOMC by Mary McNamara

Gold and Silver are both hovering near major support levels ahead of Wednesday’s April FOMC meeting. The outcome of this meeting has the potential to shift the US$ and, thus, bot …
0 Comments Read more →

NASDAQ: still looking for a test of 4,800 by Mary McNamara

I have been writing about how I am looking for a test of 4,800 on the NASDAQ index since this key level was broken at the end of last month. I had started to lose hope that a test …
0 Comments Read more →

Post NFP: possible pullback targets by Mary McNamara

Stocks sold off after Friday’s NFP and that selling has carried over into today’s Asian session. I had previously mentioned that I am looking for a pullback on the NASDAQ; back …
0 Comments Read more →