Stocks still look higher into next week

FOR MONDAY: (6/4) Political and economic stresses make it hard to take positions home. We wonder when Deutsche Bank will bite the dust and really destroy Europe. In the meantime, stocks still look higher into next week so the short-term traders will continue to play.


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Upward momentum likely to continue for US stocks

FOR WEDNESDAY: (4/11) The market is saved by Facebook and X–and who cares about Russia and Syria when the tension about FB ease? Upward momentum likely to continue for US stocks but we‘ll find it hard to chase.


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Looking to get short crude and gold

FOR FRIDAY: (1/12) We forget that we have a holiday weekend coming up and even though there’s a lot of trading in Europe, trading will be muted on Monday. We’re going to get short crude and gold, as we see trending situations now until Jan. 24. Not clear on the dollar but will wait for…


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Terrorism cycles still strong through next week

FOR TUESDAY: (12/26) We have a larger big picture guide for the next week. Very difficult to go into the weekend with a position, as there are often reversals with these holidays and conditions are thin and exaggerated. Three-day weekends are notorious for reversals and we always worry about weekend terrorism over Christmas, and those…


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MARCH and CASH S & P 500 FUTURES OUTLOOK by Barry Rosen

SHORT-TERM: (12/12) Five waves up from the 2179 Italy vote is complete and a 34-point pullback would have to hold 2130 on March futures. That still would require a new high by Dec. 22 toward 2296 with additional resistance at 2330. It would seem that 5 waves up from the election low would be complete…


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