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S&P 500 hits new highs… where to next?

July 11, 2016 12:50 PM
<p>So, the S&P 500 is rallying to fresh unchartered territories today. Where do we go from here? Well, the monthly chart suggests onwards and upwards.</p>

S&P 500: small pullback before new highs

June 8, 2016 12:50 PM
<p>The S&P 500 is now just 20 or so points away from reaching its previous record high of 2134/5 achieved back in May 2015. Will it reach or surpass this level remains to be seen, but with oil prices rallying, Chinese data improving slightly and central banks remaining uber-dovish, I wouldn’t bet against it. That being said, profit-taking may cause ...

S&P 500: Stocks, oil regain poise after initial wobble post oil data

May 18, 2016 12:00 PM
<p>U.S. stocks and crude oil prices were quick to bounce back from the initial wobble in the immediate aftermath of the official US weekly oil inventories report from the EIA as traders (and algos) responded to the headline build of 1.31 million barrels. Clearly this wrong-footed many speculators who had expected to see another drawdown following la...