Steve Miller Blog | Talkmarkets | Page 1
Trader, Analyst, Mentor with over 40 years experience in the financial markets - Host askSlim
Contributor's Links: askSlim

I have spent the over 40 years trading stocks, options, futures on and off the trading floor. My nickname, "Slim" came from my trading floor badge, SLM. Currently, I'm an on-air host providing daily analysis and commentary on the financial markets and Coaching/Consulting for Hedge ... more

Articles

Latest Posts
1 to 16 of 35 Posts
1 2 3
AskSlim Market Week, Aug. 3
A look back at the past market week and a look ahead, with some caveats and opportunities.
AskSlim Market Week - Friday, July 12
Looking back at the week we just concluded, and forward into next week's markets. When fewer stocks are driving markets up, that's a market that could maybe start having trouble making upside ground.
AskSlim Market Week - Saturday, March 9
Looking back at the week's financial markets, and forward at next week.
AskSlim Market Week - Saturday, Dec. 8
Looking back at the past week in the markets and ahead into next week.
AskSlim Market Week - Saturday, Nov. 24
A rally is coming, but only a bounce. Overall, a decline looms.
This Week In Stocks - May 27
Our analysis of the S&P 500 for the next two weeks is for a period of risk. We see a possible move higher early next week, with resistance at 2744. We are then looking for a downside move of 125-150 points over the next two weeks.
Gold Drops As Rates Rise - Cycles Show Bottom Is Near
We can see gold falling as the declining phase of its current market cycle comes to a close. Our support level was $1302 and the next level is $1288. We believe an important low is pending.
Joke’s On You, Elon
Tesla was down 6% on Monday morning after the market decided that CEO Elon Musk’s April Fool’s tweet about the company going bankrupt wasn’t actually that funny.
Lowe’s Tanks On Earnings, Possible Short-Term Bottom
The analysis of LOW market cycles shows this week as a probable low. We see it likely rebounding over the coming month to $98. This may prove to be a "sell zone" for nimble traders.
Dillard’s Nails Earnings But Market Cycles May Reward Patience
Dillard’s stock is currently near significant resistance. It may be over-extended. I expect a pullback into April, below $75, that could prove to be a buying opportunity.
US Steel Up On Trump Tariffs, But Will Cycles Push It Lower?
US Steel (X) may be hitting an upside target zone, likely to bring a top soon, according to its market cycles. Our projection is for a correction to the $40.44 level.
Look For More Volatility, As Stocks Set To Extend Bounce And Then Fail
The S&P 500 (SPX) daily chart shows our projection for the coming week. It suggests a rally attempt, then a turn lower with resistance at last week’s high of 2757.
Pandora Pops Then Drops, Cycles Pushing Lower
Pandora has seen continual negative cyclical patterns, suggesting lower prices. This coincides with a challenging competitive environment. The stock’s current market cycle suggests a decline into mid-March, likely testing its recent low near $4.
Devon Misses Earnings, Sinks Further Past Cycle Low
Devon Energy (DVN) broke the low for its current market cycle three weeks ago. Our projection is for support at $28.80, based on the 61.8% Fibonacci retracement.
Stocks Bounce But Cycles May Keep Things In Check
Using cycle analysis, our projection for the S&P 500 for the coming week is for a minor decline perhaps into the range of 2703 to 2665, and later rising again as a new market cycle begins.
Cisco Pops On Earnings As New Rising Phase Starting
Cisco is clearly in a powerful cycle pattern, taking only a couple weeks off during the declining phase of its previous market cycle. Our near-term projection is $48.
1 to 16 of 35 Posts
1 2 3