Trend Traders: Why It’s Time To Put January Behind Us
Stocks started 2015 inauspiciously with the S&P 500Â (SPX) down 3% in January. That equates to a coin toss regarding how stocks will end the...
Why Sony Stock (SNE) Could Be In For A Banner 2015
This morning Sony (SNE) upped their 2015 guidance and the stock is reacting positively pre-market, trading over $25 per share at the time of this writing....
Apple (AAPL) Chart Update: 3 Things Bulls Need To See
Apple investors were pretty reserved heading into Apple's earnings report on January 27th. While expectations were high, a subpar corporate earnings season had worked...
Will The Dow Jones Restaurant Index Take Stocks Lower?
Dow Jones Restaurant Index is carving out a 5 waves higher move and there are multiple technical indications that this index is topping and...
Amazon (AMZN) Earnings Boost Stock, Trigger Chart Breakout
The monster Amazon earnings reaction has triggered a handful of bullish technical developments in Amazon's stock (AMZN). To recap, the stock had been loitering...
Why Investors Should Watch 1976 On The S&P 500
Math plays a big role in nature and the financial markets. For instance, several trading algorithms use Fibonacci retracement levels to identify levels where...
S&P 500 Update: Market Levels And Indicators To Watch
The S&P 500 (SPX) recovered nicely off the lows made this morning (1989.18). After spending much of the morning in negative territory, stocks rallied...
London’s FTSE 100: Battling 15 year Resistance Level
With London's FTSE 100 Index, the current price area has stood as particularly durable resistance for more than a decade. We are watching to...
Bearish Continuation Patterns Emerge In Energy Sector (XLE)
Energy stocks had an awful Wednesday with the Energy Select Sector SPDR (XLE) losing 3%. What’s surprising is the ETF didn’t even test the falling...
ETFs In Focus: Shift In RSI Weakens Biotech Sector (IBB)
We can use the Relative Strength Index (RSI) in a myriad of ways, but my favorite way is to use it as a straight...