Why The Biotech Sector ETF (IBB) Is “Distributing” Pain
A few days ago I tweeted that the iShares Nasdaq Biotechnology ETF (IBB) looked to have entered a period of clear “distribution”, meaning that...
S&P 500 Support Levels: Why 2040 and 1970 Are Important
The S&P 500 (SPX) has been in consolidation mode since early March, forming a wedge pattern. Since the longer-term trend is higher, a breakout to the...
S&P 500 Update: Is The Market Running To Stand Still?
Over the past several months, the S&P 500 has managed to climb higher while momentum is slowing and volatility is re-emerging. As we've noted several times,...
Emerging Markets (EEM) A Mixed Bag In 1st Quarter 2015
A stronger U.S. Dollar has weighed on the economies of many Emerging Markets, and in turn, levied some damage to EM equities as well. But...
Apple Stock (AAPL) Watch: Key Price Levels For Investors
It's no surprise that Apple stock plays such a big role in day to day stock market moves as it carries an over-sized market cap...
Dow Jones Industrials Testing Confluence Of Price Resistance
Sometimes stepping back the day to day price movements can help us get a better perspective on the markets. When we look at a...
Caution: These Two Key Market Leaders May Be Topping
I am a big believer in following market leaders for both investment prospects and indicators. As investments, they can bring big profits. And as...
Yahoo Stock Rallies Off Key Support: Next Move Important
On a day to day basis I truly have NO IDEA what the fundamentals are doing. That's because my specialty is advanced charting patterns....
Why Best Buy Stock (BBY) May Be Running Out Of Steam
Best Buy stock (BBY) has been on an amazing run rallying over 65% since the start of 2014. Is it time to take to...
Is The Russell 2000 ETF (IWM) Poised To Roll Over?
On the stock exchanges in the United States and globally, many of the equity indices we monitor are displaying potential topping patterns and signals....