A 10% Rise Could Be In Order
The NASDAQ Composite has spent the first 6 trading days of August in a tight trading range. A breakout of this range will likely result in an extended move. …
Read MoreThe NASDAQ Composite has spent the first 6 trading days of August in a tight trading range. A breakout of this range will likely result in an extended move. …
Read MoreWhile the major indexes took another hit on Friday, the charts of many quality stocks show possible reversals. Reversal candlestick patterns appeared, and the …
Read MoreThe drop in the Dow Jones Industrial Average, plunging below the 50-day moving average (MA) on a mission to visit the 200-day MA, makes a good headline. If we …
Read MoreWhile the DJIA, the S&P 500, and the NASDAQ Composite are still sitting near highs, there is weakness showing up in some sectors that have recently been …
Read MoreThe S&P 500 has set a new all-time high, barely inching above the tight trading range of the past month. And the S&P 500 is the star index. While the NASDAQ …
Read MoreThe S&P 500 has traded sideways for three weeks now. Volume is not giving us a clue as to the direction it shall ultimately pick. The Stochastics indicator is …
Read MoreRegular scanning of a handful of top sector ETFs can help you find breakouts just as they are starting. For example, on Thursday (7/3/14) the financial ETFs …
Read MoreIn the June 18th newsletter, I covered a good setup in Actavis (ACT), a generic drug manufacturer. I presented my case for a bullish trade in the stock, …
Read MoreWhile it is a goal to select only the best trade candidates, the stocks backed by excellent fundamentals, seasonal track records and so forth, there are times …
Read MoreIn the June 2nd newsletter, I focused on Stericycle, saying… “Stericycle (SRCL) has been in a slight downtrend. The medical waste management …
Read More