IWM Chart Note: Nearing Important Price Zone
By Brad Tompkins
I was running through some charts late yesterday and noticed that IWM (Russell 2000 iShares) is nearing an important support/resistance confluence zone.
The reaction over...
Emerging Markets (EEM) At Key Price Level
By Brad Tompkins
The Emerging Markets ETF (EEM) closed at a pivotal price level yesterday, Â just below its 2 month range and between the 50 and...
Apple Stock Bouncing but May Be Eyeing Late November Bottom
By Andrew Nyquist
Well, the Apple (AAPL) has fallen from the tree. The recent "bear" plunge from over $700 to $533 has been unrelenting and torturing for...
Technical Damage for Small Caps
By Andrew Nyquist
Quick technical update. Last week, the Small Caps and Russell 2000 (IWM) broke down through key supports and incurred technical damage. That said,...
Apple Stock Ready to Bounce
By Andrew Nyquist
Well, we got that downside and then some. Apple (AAPL) dropped below the head and shoulders and 200 day moving average targets late...
Small Caps Nearing Important Juncture on Multiple Time Frames
By Andrew Nyquist
Relative underperformance on the Russell 2000 (IWM) was a leading indicator of internal weakness as the markets were topping in September. Since that...
Copper Prices Heavy But Rebound Nearing
By Andrew Nyquist
Copper has had a rough go of it lately. As the global financial markets have pulled in, Copper prices have dropped roughly 9...
Bank Stocks Bounce Off Important Support
By Andrew Nyquist
It's not coincidence that the Bank Index pulled back, sometimes leading the general market lower. For this reason, it's always good for investors...
Chartology: Apple Technical Update
By Andrew Nyquist
Below is an updated chart for Apple (APPL). The ball is still in the bears court.
Three things that both bulls and bears need...
Chartology: Intel (INTC) May Be Nearing “Tradable” Value
By Andrew Nyquist
Without a doubt, technology stocks have been leading the market lower of late. And within the technology arena, semiconductors have been particularly weak....
