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ES Morning Update June 30th 2016

Futures finally ran into some resistance and seem too be taking a pause for now. MACD's are pointing down finally from getting very overbought yesterday....

What is article 50 BREXIT mean? This video explains it…

The only legal way for a Brexit – or for any member state to withdraw from the European Union – is by triggering an obscure...

Dow to cut 700 jobs in central Michigan

Global job cuts include Michigan and arrive as the company completes its takeover of Dow Corning amid a pending merger with rival DuPont. The Dow...

Toyota Recalls 1.4 Million Vehicles for Airbag Problem

A Toyota factory in Takaoka, Japan. The automaker also said Wednesday that it was recalling nearly 3 million vehicles worldwide over fuel tank issues. TOKYO...

Brexit: Vodafone says it might leave the U.K.

Britain's vote to leave the European Union may cost it the world's second-largest telecom company. British industry giant Vodafone (VOD) says it's considering moving its...

Alphabet’s new board member is a nod to diversity

Apparently the D is for diversity. Alphabet(GOOGL, Tech30), the parent company of Google, appointed former Federal Reserve vice chairman Roger Ferguson to its board on...

ES Morning Update June 29th 2016

Market continuing to grind higher from very oversold short term levels.  However, we are getting overbought now on the 60 minute futures chart.  But the...

ES Morning Update June 28th 2016

It looks like the futures may have bottomed yesterday with the gap up we have now.  This first wave is probably the A wave of...

ES Morning Update June 27th 2016

Looking at the futures we see a nice 50% rally happened over the weekend in an ABC up pattern.  Then we dropped back down to...

ES Morning Update June 24th 2016

All this week I was looking for the gap to fill from 6/9 around 2115 and that was where I planned to short.  At the...