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...
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...
FX Market Update Heading Into The FOMC Statement
Good morning traders. Anticipation of today's FOMC statement will keep markets subdued until 2 PM EST but I suspect, given the nature of the current...
Apple Earnings Preview: Expectations Flying High For AAPL
It's been an interesting earnings day for Apple (AAPL) stock. After appearing to break out of a large wedge, AAPL slipped on Monday before...
Fed Week: What’s On Tap For January 28 FOMC Statement
This was a big week for the financial markets even before the Greek elections stole the headlines on Sunday. With several economic data releases on tap this...
Greek Elections Renew Bankruptcy Fears: Markets On Edge
The markets had eyed the Greek elections for some time. And no doubt, concerns about Greece and their commitment to the European Union have added weight...
Will Central Bank Policies Lead Investors To The Punch Bowl… Again?
Central Bank intervention works and sometimes it works a little too well. However, what happens when Central Bank policies fail to generate growth? Japan is the...
Silver Prices Nearing Major Technical Resistance Into $19
Silver prices have enjoyed a nice rally in the early going of 2015, reaching up as high as $18.50 per ounce. The recent thrust...
Silver Copper Ratio Breakout Triggers Pairs Trade
Silver has been setting up pretty well for a trade. I noticed this a couple weeks back and posted about a pairs trade with...