Category Archives: Commodities

9 Mar: Forecast: Stocks, Commodities

  S+P: 2362 Stocks have continued to correct the recent Trump rally, with the S+P a little lower but leaving the overall outlook unchanged. The dailies are looking increasingly toppish and may signal a deeper dip in the days ahead, although the 4 hour charts are looking a little more positive and it could be that we are… Read More »

3 Mar: Forecast: Stocks, Commodities

  S+P: 2383 US stocks are a little lower today (with the exception of Snapchat, +50%!) Technically, the dailies still point higher although the 4 hour charts now suggest some downside momentum may be building. A cautious stance is warranted and I would stand aside, but buying dips towards 2360/70 may be a plan within the longer term… Read More »

2 Mar: Forecast: Stocks, Commodities

  S+P: 2394 Stock Markets liked the tone of Donald Trump’s words yesterday and have soared to new all time highs, with the S+P climbing to 2400. Banks stocks led the way today, liking the increasing idea of a March rate hike; although at these levels you would have thought that much of the “good news” is now… Read More »