Dow Transports Fail At Price Resistance – Cycles Point to a Wide Trading Range
Dow Jones Transportation Average ($DJT)
At askSlim we use technical analysis to evaluate price charts of stocks, futures, and ETF’s. We use a combination of...
Russell 2000 Index Reversal Triggers Sell Signal, Downside Targets
Russell 2000 Index Futures Chart
Small cap stocks and the Russell 2000 Index INDEXRUSSELL: RUT have been laggards.
And they are now feeling the burn.
The Russell...
Stock Market Volatility: Grand Return or Last Gasp?
The uptick in volatility this week has many asking: Is the recovery rally over?
Today we look at two simple charts to put things into...
Stock Market Update: Looking At The Economic Modern Family of ETFs
Last night I wrote about the price compression on the weekly chart for gold.
Today, the Gold ETF NYSEARCA: GLD closed green but did not...
U.S. Stock Market Outlook: Pullback Underway
Stock market caution signals are beginning to show up and active investors should take note.
I am seeing some severe breaks of the bearish wedge...
What is Compression? 4 Inside Weeks for Gold (GLD)
Compression, decrease in volume of any object or substance resulting from applied stress. Compression may be undergone by solids, liquids, and gases and by living systems.
And...
Are Regional Banks (KRE) Sending A Bearish Message To Investors?
Regional Banks Sector ETF (KRE) “weekly” CHART
As we've written several times before, the banks / financials are an important sector in the stock market...
Corporate Earnings Forecast… Into The Market Abyss
First-quarter earnings season is wrapping up with about 90% of constituents in America having reported. Canada is a little farther behind at 70%.
As you...
Biotechnology Sector (IBB) Surges to New All-Time Highs
A week ago, I wrote a blog called The Beauty of the Biotechnology ETF Channel.
I began by writing, “If there is one area to watch should...
Analyzing The Stock Market Disconnect With Devastating Economic Data
The disconnect between the stock market and the devastating economic numbers continues on.
Look no further than last Friday, when the S&P 500 Index and...