This Week On Wall Street

It just might be here, right on time. $3020.00 area capping back to back weekly highs. The push to new highs may be losing momentum. Hat tip Ryan Detrick.

Wells Fargo is setting up for a fresh rally leg. Wells Fargo is spending more time above the 200 day moving average of late. Its been over a year since the stock closed out a week above this long term indicator. With today's nice gain WFC is heading for its second...

The Federal Reserve has begun a new easing cycle with two 25 basis rate cuts. This has proven to be quite bullish for stocks. The last five similar cycles proceeded to big moves in the S&P 500 Index. On average, +9.7% six months later, +16.7% one year later. Hat...

At last month's low TXT was down over 40% from its 2018 highs. Shares of Textron have rebounded nicely off the August lows. One month after a disappointing Q2 earnings report,...

Biggest gain ever for the USO.

Kellogg continues to consolidate post earnings. Back on August 1st shares of Kellogg surged over 9%(best gain in nearly 20 years) following a solid second quarter earnings report:...