Monica Kingsley

Articles by Monica Kingsley

During the first half of yesterday’s session, the bulls were in the driving seat after repelling sellers at the open. Yet again, their gains have evaporated, and stocks not only broke to new lows, but also closed there. Will today’s...
After yet another bout of heavy selling on Friday, the bulls stepped in well before the day was over. Cheered by Fed assurances of being ready to support the economy, did they see the light at the end of the tunnel? Global markets are...
The bulls didn’t really get their act together yesterday, and the early gains evaporated a few hours into the session. As stocks closed near their daily lows, what chances of invalidating Tuesday’s  breakdown below the important...
Some would call yesterday’s session Black Monday. Little wonder as the S&P 500 finished down more than 100 points from Friday’s closing bell. The overnight recovery in the futures gave up most of its gains, and stocks are again hanging...
While last week brought us higher stock prices, Thursday and Friday were bad days for the bulls. And little wonder, as the technical deterioration continues to play out. Looking at both the closing prices on Friday and today’s premarket...
After a two-day flirt with breaking below the short-term bearish technical formation, stocks finally declined yesterday. Well before the closing bell though, the bulls stepped in and erased most of the plunge that happened during the first...
Stocks again made a new intraday 2020 high yesterday, but the bulls were stopped just a point shy of the 3395 mark. Has yesterday’s increase invalidated our reasons to be cautious and take profits off the table? In other words, can we...
Stocks reached out for new 2020 highs yesterday, and have marginally overcome futures’ Monday session highs. Yet, they suffered a setback yesterday, and price action left the very short-term rising wedge. But the bulls erased a good deal...
Stocks are entering the holiday-shortened week on a strong note. There was no selloff on Friday, as has been the case three preceding weeks in a row. This weekend, there were no spooky coronavirus headlines. Stocks finished on Friday close...
Stocks rebounded strongly in the previous week, but have wavered on Friday. Their performance today isn’t exactly shaping to be the strongest ever either. So, what is the status of the consolidation, and how will the market most likely...

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1 cubic foot of silver weighs approx 655 pounds whereas 1 cubic foot of gold weighs more than half a ton.