Is Apple (AAPL) Ready to Breakout?
On June 30th, I dug into the charts and inquired about the possibility of an AAPL double bottom pattern. To be fair, I didn't have a...
Dow Jones In Euros Nearing 2000 Highs
The stock market opens, fresh new all-time highs record, and the beat goes on. The upward pricing pressure on US equities has been relentless all...
A Measured Move Could Set Nikkei Price Target at 11500
While US Equity Markets continue to make new all-time highs, European and Japanese equity markets are hovering just below their May highs. As much...
A Bearish Bat Pattern and a Look at the Dow Divergence
As I was watching the S&P 500 (SPX) make new highs earlier this week, it dawned on me to go back and look at...
Dow Theory Confirmation: Weak Signal or Consolidation?
Despite the new high in the Dow Jones Transportation Average made on 7/18/2013, the transports seem to be stalling out at current levels. So,...
Russell 2000: Sailing Off the Market Map
After a -7.5% spell of manic monetary policy-induced disorientation courtesy of Chairman Bernanke's ring of the bell at the Taper Top on May 22,...
A Closer Look at the 10 Year Treasury Note (TNX)
Last weekend I posted daily and weekly charts on StockTwits of the 10 Year Treasury Note (TNX). As a follow up, I'd like to use...
Why Bond Yields May Be Headed Lower Short-Term
First, I want to note that I agree with the masses that bond yields (interest rates) are ultimately going to be higher over the...
Topping Pattern: Is It Spring 2011 All Over Again?
As I was looking through some charts last night, I stumbled upon a potential topping pattern (or algo) that the current market may be...
Advance Decline Line Affirming Primary Uptrend on SPX
While the S&P 500 is still off its record highs of 1687.18 set on 5/22, the Advance Decline line has already reached a new...