U.S. Major Indices: July 2019

The large cap indices – S&P 500 and Dow Jones Industrial Average (DJIA) – are in confirmed uptrend along with the tech-heavy NASADAQ Composite. Their all three timeframes – monthly, weekly and daily – are showing varying degree of uptrend and bullish chart formations. The broader market index, Wilshire 5000 Total Market Index, is also…

Morning Notes – Friday July 12, 2019

Directional Bias For The Day: S&P Futures are higher; moving sideways to up since 10:00 PM on Wednesday The odds are for an up to sideways day – watch for break below 2991.50 for change of fortune Key economic data due: PPI ( 0.1% vs. 0.1% est.; prev. 0.1%) at 8:30 AM Core PPI (…