Steve Miller | TalkMarkets | Page 2

Steve Miller

Trader, Analyst, Mentor with 50 years experience in the financial markets - Host askSlim
Contributor's Links: askSlim
I have spent the over 50 years trading stocks, options, futures on and off the trading floor. My nickname, Slim came from my trading floor badge, SLM. Currently, Im an on-air host providing daily analysis and commentary on the financial markets and Coaching/Consulting for Hedge Funds and ...more
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AskSlim Market Week - Saturday, Dec. 8
Saturday, December 8, 2018 12:02 PM EDT
Looking back at the past week in the markets and ahead into next week.
In this article: GLD, OIL, UDN
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AskSlim Market Week - Saturday, Nov. 24
Saturday, November 24, 2018 1:47 PM EDT
A rally is coming, but only a bounce. Overall, a decline looms.
In this article: KBH, SPX Also: DIA, QQQ, IWM, LEN, TOL
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This Week In Stocks - May 27
Sunday, May 27, 2018 5:45 PM EDT
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.
In this article: SPX
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Gold Drops As Rates Rise - Cycles Show Bottom Is Near
Tuesday, May 15, 2018 1:15 PM EDT
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.
In this article: GLD
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Joke’s On You, Elon
Monday, April 2, 2018 2:13 PM EDT
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.
In this article: TSLA
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Lowe’s Tanks On Earnings, Possible Short-Term Bottom
Wednesday, February 28, 2018 11:40 AM EDT
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.
In this article: LOW
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Dillard’s Nails Earnings But Market Cycles May Reward Patience
Tuesday, February 27, 2018 11:45 AM EDT
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.
In this article: DDS
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US Steel Up On Trump Tariffs, But Will Cycles Push It Lower?
Monday, February 26, 2018 12:38 PM EDT
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.
In this article: X
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Look For More Volatility, As Stocks Set To Extend Bounce And Then Fail
Sunday, February 25, 2018 10:16 AM EDT
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.
In this article: WMT, SPY, TLT, SPX
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Pandora Pops Then Drops, Cycles Pushing Lower
Thursday, February 22, 2018 11:58 AM EDT
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.
In this article: P
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Devon Misses Earnings, Sinks Further Past Cycle Low
Wednesday, February 21, 2018 11:00 AM EDT
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.
In this article: DVN
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Stocks Bounce But Cycles May Keep Things In Check
Monday, February 19, 2018 12:24 PM EDT
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.
In this article: SPY, AAPL, WFC, SPX
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Cisco Pops On Earnings As New Rising Phase Starting
Thursday, February 15, 2018 2:49 PM EDT
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.
In this article: CSCO
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BIDU Pops On Earnings But Faces Cyclical Headwinds
Wednesday, February 14, 2018 12:57 PM EDT
BIDU was up 5% on strong earnings, however, using cycle analysis, the technical patterns suggest another drop, potentially below $210.
In this article: BIDU
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UAA Surges, Here’s Why It’s Not Quite Yet Time To Buy
Tuesday, February 13, 2018 2:50 PM EDT
UAA’s could be building a bullish base for later this year. Today’s surge in price puts the stock into a red resistance zone for its current market cycle. I expect a pullback at the cycle comes to a close and the next cycle begins.
In this article: UAA
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Today A Joyful Bounce, Tomorrow More Tears
Monday, February 12, 2018 12:47 PM EDT
Today stocks continued the bounce they started last week. Viewed through the lens of cycle analysis, upon testing resistance between 2652 and 2676, I expect the declining phase of the minor and major cycles to begin pushing the SPX lower.
In this article: SPY, DIA, SPX, DJI
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17 to 32 of 48 Posts
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