Larry Oxley

New Post: S&P 500 Futures - https://lnkd.in/g6rSNxZZ #emini #spfutures #SP500 #ES Market Summary: Copper retesting the 4.00 support.  Gold vaults out of the bull flag. Silver moves up and out of it's bull flag. Crude in a new move up.  Natural Gas rally sells off hard. The US 30yr Treasury Bond is basing; still looking for a long trade entry. The US Dollar up near overbought levels. The 10yr yields are 4.41%. _________________ S&P 500 Futures   #ESZ24 Monthly –Monthly bar closes higher, but again off the highs. Trade pressures remain up. Volumes closed the month of October as bullish.  The 6019 target was touched and did provide resistance.  A break below 5742 would confirm any weekly move lower. The next target down then would be 5395. Weekly – The weekly has a higher close.  Trade pressures are up and rising. Volumes remain low, but now bullish.  The next target up 6057 has been met.  A close below 5912 would confirm any daily move lower. Daily – Flat. In a new move up from 5934 on 11/19. Trade pressures are up.  Volumes are bullish. The next target up is 6013. The expected overbought level declines to 6034. The next target down is 5943 and would be a short entry. The expected oversold level rises to 5865. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. These Navellier portfolio stocks closed: down 35% for the 2022 Year. up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio value rises to $157,000. The Year-to-Date portfolio performance is  up 57%. ,

New Post: S&P 500 Futures - https://lnkd.in/g6rSNxZZ #emini #spfutures #SP500 #ES Market Summary: Copper retesting the 4.00 support.  Gold vaults out of the bull flag. Silver moves up and out of it's bull flag. Crude in a new move up.  Natural Gas rally sells off hard. The US 30yr Treasury Bond is basing; still looking for a long trade entry. The US Dollar up near overbought levels. The 10yr yields are 4.41%. _________________ S&P 500 Futures   #ESZ24 Monthly –Monthly bar closes higher, but again off the highs. Trade pressures remain up. Volumes closed the month of October as bullish.  The 6019 target was touched and did provide resistance.  A break below 5742 would confirm any weekly move lower. The next target down then would be 5395. Weekly – The weekly has a higher close.  Trade pressures are up and rising. Volumes remain low, but now bullish.  The next target up 6057 has been met.  A close below 5912 would confirm any daily move lower. Daily – Flat. In a new move up from 5934 on 11/19. Trade pressures are up.  Volumes are bullish. The next target up is 6013. The expected overbought level declines to 6034. The next target down is 5943 and would be a short entry. The expected oversold level rises to 5865. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. These Navellier portfolio stocks closed: down 35% for the 2022 Year. up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio value rises to $157,000. The Year-to-Date portfolio performance is  up 57%. Guidewire Software \(GWRE\) and Sprouts Farmers Market \(SFM\) replaced Allstate  \(ALL\) and Coke Industries \(COKE\) last week. ,

New Post: Navellier Top 5 Stocks for May - https://lnkd.in/gmqzvKEe Investments Eli Lilly & Company Eli Lilly & Company (LLY) continues to experience unrelenting demand for its diabetes and weight-loss treatments. In fact, demand is so high that the FDA recently revealed that most doses of Mounjaro and Zepbound could be in limited supply through the end of the current quarter. In order to keep up with continuing demand, Eli Lilly plans to invest heavily in manufacturing and supply capacity for its injectable medicines like Mounjaro and Zepbound. Just this week, the pharmaceutical company announced plans to purchase a manufacturing facility from Nexus Pharmaceuticals. In the meantime, we’ll see exactly how robust demand has been for the company’s treatments next week. Eli Lilly is scheduled to release results for its first quarter in fiscal year 2024 before the stock market opens on Tuesday, April 30. First-quarter earnings are forecast to increase 52.5% year-over-year to $2.47 per share, up from $1.62 per share in the same quarter a year ago. Analysts have increased earnings estimates by nearly 8% in the past month, so a fourth-straight quarterly earnings surprise is likely. First-quarter sales are expected to rise 28.2% year-over-year to $8.92 billion. LLY is a Conservative buy below $801. SOM Technicals: 10-07-23: Closed at 567.87. Trade pressures are up. Volumes are now bullish. The next target up is 575.41. 10-14-23: closed at 609.20. Trade pressures are up and trending. Volumes are now bearish. The next target up is 636.00. There is the large gap near 460 to fill. 10-27-23: Closed at 560.23. Trade pressures are down. Volumes are bearish. The next target down is 559.00. 11-3-23: Closed at 567.81. Trade pressures are up but turning down. Volumes are neutral. The next target down is 535.00. 11-10-23: Closed at 597.50. Trade pressures are down. Volumes are neutral. Rolling over after the rally, the next target down is 544.70. 11-17-23: Closed at 591.74. Trade pressures are down but rising. Volumes are neutral. The next target up is 629.97. 11-26-23: Closed at 601.10. Trade pressures are up Volumes are neutral. In consolidation. The next target up is 619.40. 12-1-23: Closed at 584.04. Trade pressures are down. Volumes are bearish. The next target down is 573.69. 12-9-23: Closed at 598.05. Trade pressures are up. Volumes are bullish. The next target up is 611.72. 12-15-23: Closed at 571.22. Trade pressures are down. Volumes are down. The next target down is 55.74 then 529.00. 12-30-23: Closed at 581.60. Trade pressures are up. Volumes are bullish. The next target down is 560.26. 1-6-24: Closed at 618.55.  Trade pressures are up. Volumes are neutral. The next target up is a retest of the 636.15 target. 1-12-24: Closed at 642.92. Trade pressures are up. Volumes are bullish. The next target up is 664.52. 1-20-24: Closed at 628.58. Trade p

New Post: S&P 500 Futures - https://lnkd.in/gRr4bwtC #emini #spfutures #SP500 #ES Market Summary: Copper breaks much higher above recent high.  Gold continues the prior week rally.  Silver has dramatic second leg up. Crude remains in consolidation; volumes turning bullish..  Natural gas continues the rally, but approaching resistances. The US 30yr Treasury Bond showing resistance. The 10yr yields still near support levels. The US Dollar futures continue the move down down; but nearing support levels. _________________ S&P 500 Futures   #ESM24 Monthly – May moving up to erase the April 2024 move down. Trade pressures remain up. Volumes closed the month of April as bearish.  The next target up is 5439.  A close below 5030 would confirm any weekly move lower. Weekly – The weekly closes up for the fourth week.  Trade pressures remain up; and still declining.  Volumes remain bullish.  The move up has reached the prior high. The next target up is the upper median line at 5464.  A close below 5038 would confirm daily move lower. Daily – Flat.  The rally started on 5/3 continues. Trade pressures are up.  Volumes remain bullish.  The close above 5271 started a second leg up in the uptrend.  The expected overbought level has risen to 5324.  The expected oversold level rises to 5133.  A close below 5300 would signal lower. At resistance now. Watching the 10 yr yield. NVDA earnings are announced May 21st and could provide the catalyst for a market move either way. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. The Navellier portfolio stocks closed down 35% for the 2022 Year.  The Navellier portfolio stocks closed up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio moved down for the week to approximately $134,000. The Year-to-Date portfolio performance is now up 34%.

New Post: S&P 500 Futures - https://lnkd.in/gRr4bwtC #emini #spfutures #SP500 #ES Market Summary: Copper breaks much higher above recent high.  Gold continues the prior week rally.  Silver has dramatic second leg up. Crude remains in consolidation; volumes turning bullish..  Natural gas continues the rally, but approaching resistances. The US 30yr Treasury Bond showing resistance. The 10yr yields still near support levels. The US Dollar futures continue the move down down; but nearing support levels. _________________ S&P 500 Futures   #ESM24 Monthly – May moving up to erase the April 2024 move down. Trade pressures remain up. Volumes closed the month of April as bearish.  The next target up is 5439.  A close below 5030 would confirm any weekly move lower. Weekly – The weekly closes up for the fourth week.  Trade pressures remain up; and still declining.  Volumes remain bullish.  The move up has reached the prior high. The next target up is the upper median line at 5464.  A close below 5038 would confirm daily move lower. Daily – Flat.  The rally started on 5/3 continues. Trade pressures are up.  Volumes remain bullish.  The close above 5271 started a second leg up in the uptrend.  The expected overbought level has risen to 5324.  The expected oversold level rises to 5133.  A close below 5284 would signal lower. At resistance now. Watching the 10 yr yield. NVDA earnings are announced May 21st and could provide the catalyst for a market move either way. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. The Navellier portfolio stocks closed down 35% for the 2022 Year.  The Navellier portfolio stocks closed up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio moved down for the week to approximately $134,000. The Year-to-Date portfolio performance is now up 34%.

New Post: S&P 500 Futures - https://lnkd.in/gzJFnVWS #emini #spfutures #SP500 #ES Market Summary: The 10yr yields decline below 4.00%. Second copper bull flag forms, basing.  Gold rallies to the upper median line.  Silver is basing. Crude continues lower.  Natural gas continues the move down. The US 30yr Treasury Bond turns higher, now at resistance. The US Dollar futures fall below the 200 day MA to the April median line. _________________ S&P 500 Futures   #ESU24 Monthly –The 5700 level provides resistance. Trade pressures remain up. Volumes closed the month of July as bullish.  The next target up remains 5958.  The close below 5393 would confirms the weekly move lower. Weekly – The weekly close below the UML which is now providing resistance.  Trade pressures remain up.  Volumes have changed to bearish..  Trade down thru the 5580 short entry. The next target down is 5159.  A close above 5666 would confirm any daily move higher. Daily – Flat. Shorted the move down from 5628 on 7/18 and closed on 7/26 at 5450. The uptrend has been broken. Trade pressures are down.  Volumes are bearish.  The expected overbought level has declined to 5565.  The next target down is 5122, but the expected oversold level declines to 5357. Need a close above 5432 to restart the rally. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. The Navellier portfolio stocks closed down 35% for the 2022 Year.  The Navellier portfolio stocks closed up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio moved down to $121,000. The Year-to-Date portfolio performance is now up 21%. Eli Lilly \(LLY\) and Emcor \(EME\) have been replaced by Allstate Insurance \(ALL\) and Coca-Cola Bottling \(COKE\) on the 29th of July.

Deficits in the platinum market. https://lnkd.in/gkm4pBET #BullionPMI #Platinum #PlatinumPrices #BullishPlatinum #TechnicalAnalysis #PlatinumOutlook #PlatinumRally

New Post: S&P 500 Futures - https://lnkd.in/gNMsCNwF #emini #spfutures #SP500 #ES Market Summary: The 10yr yields decline to the 3.70%. Copper declines.  Gold retested the highs and declined.  Silver remains a short. Crude drops to support.  Natural gas in a new move up. The US 30yr Treasury Bond  rallies on interest rate cut prospects. The US Dollar futures pull back but still long long. _________________ S&P 500 Futures   #ESU24 Monthly –Monthly bar closes below the prior month low. Trade pressures remain up. Volumes closed the month of August as bullish.  The next target up remains 5958.  The close was just above the 5412; a break below would confirm the weekly move lower. The next target down would be 5067. Weekly – The weekly closes down hard.  Trade pressures remain up, but continuing to show lower highs.  Volumes remain bullish.  Closed back below the new long entry trigger at 5454. The next target up is still 5829 \(new highs\).  A close below 5372 would confirm the daily move lower. Daily – Short. In the move down after the break of the 5527 level. The short trade was stopped out with a profit stop at 5485, only to fall another 65 points. Trade pressures are down.  Volumes are bearish.  The next target down is 5369. The expected oversold level declines to 5452. A close above 5497 would signal higher. The expected overbought level has declined to 5634. Should expect some reflex rally here. Set 5476 as a SL for the short. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. The Navellier portfolio stocks closed down 35% for the 2022 Year.  The Navellier portfolio stocks closed up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio value moves down to $138,000. The Year-to-Date portfolio performance is now up 38%.  

New Post: S&P 500 Futures - https://lnkd.in/gNMsCNwF #emini #spfutures #SP500 #ES Market Summary: The 10yr yields decline to the 3.70%. Copper declines.  Gold retested the highs and declined.  Silver remains a short. Crude drops to support.  Natural gas in a new move up. The US 30yr Treasury Bond looking rally on interest rate cut prospects. The US Dollar futures pull back but still long long. _________________ S&P 500 Futures   #ESU24 Monthly –Monthly bar closes below the prior month low. Trade pressures remain up. Volumes closed the month of August as bullish.  The next target up remains 5958.  A close just above the 5412 would confirm any weekly move lower. The next target down would be 5067. Weekly – The weekly closes down hard.  Trade pressures remain up but continuing to show lower highs.  Volumes remain bullish.  Closed back below the new long entry at 5454. The next target up is still 5829 \(new highs\).  A close below 5372 would confirm any daily move lower. Daily – Short. In the move down after the break of the 5527 level. The short trade was stopped out with a profit stop at 5485, only to fall another 65 points. Trade pressures are down.  Volumes are bearish.  The next target down is 5369. The expected oversold level declines to 5452. A close above 5497 would signal higher. The expected overbought level has declined to 5634. Set 5476 as a SL for the short. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. The Navellier portfolio stocks closed down 35% for the 2022 Year.  The Navellier portfolio stocks closed up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio value moves down to $138,000. The Year-to-Date portfolio performance is now up 38%.  

Potential for Upward Movement: SPY has held above support near 579, indicating buyer interest in this area. This stability hints at bullish momentum, with a possibility of challenging resistance around 583.5 in the near term. If SPY moves above this level, it could gain additional upward momentum, targeting 585 or higher. Key Resistance: The 583.5 level will be crucial. A strong move above this price could confirm a bullish outlook for the week, potentially leading to further gains. Risk of Consolidation: If SPY struggles to break through 583.5, it may consolidate within the 579 to 583 range. A downside move appears less likely at this point, but if SPY falls below 579, it could indicate a shift in momentum, opening the door to lower levels. Outlook Summary SPY is leaning toward an upward trend for the rest of the week, with a focus on breaking through 583.5 to continue its upward path. However, if it fails to do so and slips below 579, the outlook may turn more neutral or slightly bearish.

Bond Market on Risky Path as Traders Regroup From Wild Week: https://ow.ly/qG6q50U4o3i

New Post: S&P 500 Futures - https://lnkd.in/gJvwmMrh #emini #spfutures #SP500 #ES Market Summary: The 10yr yields rising toward 4.00%. Copper is consolidating.  Gold is a short.  Silver is a short. Crude long failed, now a short.  Natural gas rising. The US 30yr Treasury Bond looking lower. The US Dollar futures now long. _________________ S&P 500 Futures   #ESU24 Monthly –Wide ranging bar closes on it's high. Trade pressures remain up. Volumes closed the month of August as bullish.  The next target up remains 5958.  A close below 5412 would confirm any weekly move lower. The next target down would be 5067. Weekly – The weekly closes just above the prior highs.  Trade pressures remain up but showing lower highs.  Volumes remain bullish.  Closed above the new long entry at 5454 on 8/23. The next target up is 5829 \(new highs\).  A close below 5381 would confirm any daily move lower. Daily – Flat. Reverses the two day move down and rallies to test the downtrend line at 5665. Trade pressures are up but declining.  Volumes remain bullish.  The next target up is the 5721 prior high; then 5813. The expected overbought level has declined to 5647.  A close below 5527 would signal lower. The expected oversold level rises to 5506. Both NVDA and the Inflation reports were benign. The market was quiet except for the rally at the close to square up positions into the 3 day, Labor Day weekend. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. The Navellier portfolio stocks closed down 35% for the 2022 Year.  The Navellier portfolio stocks closed up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio value moves up to $141,000. The Year-to-Date portfolio performance is now up 41%. At the open on September 3rd, WingStop \(WING\) and Costco \(COST\) will replace Targa Resources \(TRGP\) and Vertiv \(VRT\).

New Post: S&P 500 Futures - https://lnkd.in/gJvwmMrh #emini #spfutures #SP500 #ES Market Summary: The 10yr yields rising toward 4.00%. Copper is consolidating.  Gold is a short.  Silver is a short. Crude long failed, now a short.  Natural gas rising. The US 30yr Treasury Bond looking lower. The US Dollar futures now long. _________________ S&P 500 Futures   #ESU24 Monthly –Wide ranging bar closes on it's high. Trade pressures remain up. Volumes closed the month of August as bullish.  The next target up remains 5958.  A close below 5412 would confirm any weekly move lower. The next target down would be 5067. Weekly – The weekly closes just above the prior highs.  Trade pressures remain up but showing lower highs.  Volumes remain bullish.  Closed above the new long entry at 5454 on 8/23. The next target up is 5829 \(new highs\).  A close below 5381 would confirm any daily move lower. Daily – Flat. Reverses the two day move down and rallies to test the downtrend line at 5665. Trade pressures are up but declining.  Volumes remain bullish.  The next target up is the 5721 prior high; then 5813. The expected overbought level has declined to 5647.  A close below 5527 would signal lower. The expected oversold level rises to 5506. Both NVDA and the Inflation reports were benign. The market was quiet except for the rally at the close to square up positions into the 3 day, Labor Day weekend. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. The Navellier portfolio stocks closed down 35% for the 2022 Year.  The Navellier portfolio stocks closed up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio value moves up to $141,000. The Year-to-Date portfolio performance is now up 41%. At the open on September 3rd, WingStop \(WING\) and Costco \(COST\) will replace Targa Resources \(TRGP\) and Vertiv \(VRT\).

New Post: S&P 500 Futures - https://lnkd.in/gJvwmMrh #emini #spfutures #SP500 #ES Market Summary: The 10yr yields rising toward 4.00%. Copper is consolidating.  Gold is a short.  Silver is a short. Crude long failed, now a short.  Natural gas rising. The US 30yr Treasury Bond looking lower. The US Dollar futures now long. _________________ S&P 500 Futures   #ESU24 Monthly –Wide ranging bar closes on it's high. Trade pressures remain up. Volumes closed the month of August as bullish.  The next target up remains 5958.  A close below 5412 would confirm any weekly move lower. The next target down would be 5067. Weekly – The weekly closes just above the prior highs.  Trade pressures remain up but showing lower highs.  Volumes remain bullish.  Closed above the new long entry at 5454 on 8/23. The next target up is 5829 \(new highs\).  A close below 5381 would confirm any daily move lower. Daily – Flat. Reverses the two day move down and rallies to test the downtrend line at 5665. Trade pressures are up but declining.  Volumes remain bullish.  The next target up is the 5721 prior high; then 5813. The expected overbought level has declined to 5647.  A close below 5527 would signal lower. The expected oversold level rises to 5506. Both NVDA and the Inflation reports were benign. The market was quiet except for the rally at the close to square up positions into the 3 day, Labor Day weekend. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. The Navellier portfolio stocks closed down 35% for the 2022 Year.  The Navellier portfolio stocks closed up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio value moves up to $141,000. The Year-to-Date portfolio performance is now up 41%. At the open on September 3rd, WingStop \(WING\) and Costco \(COST\) will replace Targa Resources \(TRGP\) and Vertiv \(VRT\).

New Post: S&P 500 Futures - https://lnkd.in/gJvwmMrh #emini #spfutures #SP500 #ES Market Summary: The 10yr yields rising toward 4.00%. Copper is consolidating.  Gold is a short.  Silver is a short. Crude long failed, now a short.  Natural gas rising. The US 30yr Treasury Bond looking lower. The US Dollar futures now long. _________________ S&P 500 Futures   #ESU24 Monthly –Wide ranging bar closes on it's high. Trade pressures remain up. Volumes closed the month of August as bullish.  The next target up remains 5958.  A close below 5412 would confirm any weekly move lower. The next target down would be 5067. Weekly – The weekly closes just above the prior highs.  Trade pressures remain up but showing lower highs.  Volumes remain bullish.  Closed above the new long entry at 5454 on 8/23. The next target up is 5829 \(new highs\).  A close below 5381 would confirm any daily move lower. Daily – Flat. Reverses the two day move down and rallies to test the downtrend line at 5665. Trade pressures are up but declining.  Volumes remain bullish.  The next target up is the 5721 prior high; then 5813. The expected overbought level has declined to 5647.  A close below 5527 would signal lower. The expected oversold level rises to 5506. Both NVDA and the Inflation reports were benign. The market was quiet except for the rally at the close to square up positions into the 3 day, Labor Day weekend. ___________________ Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year. The Navellier portfolio stocks closed down 35% for the 2022 Year.  The Navellier portfolio stocks closed up 17% for the 2023 Year. Portfolio stock values for 2024.  The portfolio value moves up to $141,000. The Year-to-Date portfolio performance is now up 41%. At the open on September 3rd, WingStop \(WING\) and Costco \(COST\) will replace Targa Resources \(TRGP\) and Vertiv \(VRT\).