Chartology

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Was Today the Day to Buy The Dip in Nvidia?  

Everyone loves turnaround Tuesday with the stock market. But was this really the day to buy stocks? Taking one example, Nvidia (NASDAQ: NVDA), the darling of...
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Two Stocks Setting Up & Reporting Earnings This Week 

Coming into today, the Russell 2000 (NYSEARCA: IWM) was at a critical price support level on the 200-week moving average. $200 is the level,...
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March Hit Stock Market Like A Lion, Key Sectors Looking For A Lamb

Let’s get right to it.  First a quick comment on the weekly charts.  The Russell 2000 IWM is at a key life support level on the...
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Bank Index Could Be Bellwether For Stocks, Economy

The stock market correction has several key stocks and sectors teetering on important support levels. One such sector is the banking sector. Bank stocks are...
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If U.S. Equities Stumble Here, Would Be Warning To Global Investors

It's been a heck of a run for U.S. Equities. But as we enter uncertain times, we must ask ourselves if that leadership and out-performance...
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Is U.S. Dollar Topping Pattern Pointing To Broader Concerns?

The U.S. Dollar Index rallied sharply into inauguration day. Since then, it's been very weak. Could things get worse for King Dollar? Today, we share a...
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Silver (SLV) Having Its Day: What’s Next?

Monday’s daily column talked about Biotechnology. I would continue to keep that on your list as today it made a move above price resistance. Yesterday...
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2 Stocks for Turnaround Tuesday: $ADBE and $AMD

Could any more bad news hit the market? Of course it can. In the meantime, as an active investor, I have lots of cash to put...
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A Standard Pullback in a Bull Market That Can Last

Markets pulled back, and sentiment went very negative already (which is good). This looks like a standard reset within an ongoing bull market rather...
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Semiconductors ETF (SMH) Fails Key Support Level; What’s Next?

It has been 2 years and 2 months since the ETF for Semiconductors SMH has traded below the 50-week moving average. The momentum, as seen...

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