Tag: stock market analysis
Market Update: Defensives Up, Equities Down, and Risk Flatlining
By Andrew Nyquist
Last week I posted a chartology of the Utilities Sector (XLU) projecting a path higher and stating that outperformance by defensive sectors "...
Media Market Forecast: Positively Sunny with Chance of Torrential Downpour
By Brad Tompkins
If you are trying to determine the current market disposition through popular financial media, you are hearing a great deal of contradiction. For...
Chartology: S&P 500 Breakout Pattern Set for New Highs?
By Andrew Nyquist
After breaking out above the 1420 level, the S&P 500 ran to 1474... and quickly. Most breakouts tend to get a bit euphoric...
Chartology: Nasdaq 100 (NDX) Bounces Off Key Technical Support
By Andrew Nyquist
After slipping out of a mini rising wedge pattern in August, the Nasdaq 100 continued it's ascent higher, forming another more macro rising...
Market Update: Trade Within Your Means
By Andrew Nyquist
I spend a fair amount of time talking about living within your means on a personal finance front. And really, that same respect...
Chartology: Dow Transports Resting on Important Support
The Dow Jones Transportation Average is sitting on an important technical support: the 38.2 percent Fibonacci retracement level. It has already bounced off this level...
China: Potential For a Meaningful Rally
The Shanghai Stock Exchange Index has been in relentless decline since the middle of 2009 and is now near the 200-month SMA. The monthly...
Market Update: 3 Charts to Watch in the Week Ahead
By Andrew Nyquist
This week's market update is going to be short and to the point. I believe much of the coming action in the weeks...
Market Update: Helicopter Ben Lathers Up the Equity Markets
By Andrew Nyquist
After taking a few days to consolidate gains following the Bernanke-Draghi two week two step, the market "liquidified" again... as in, rained dollars...
Nasdaq 100 Technical Patterning Like Trying to Hit a Change Up
By Brad Tompkins
Most technical traders have a favorite chart pattern that is the trading equivalent to a “fat pitch” in baseball. We see it setup...