Posts From Andrew Nyquist

Andrew Nyquist
Andrew Nyquist is the founder of See It Market. Andrew has been actively investing for over 13 years with a strong focus on technical analysis and swing trading. His blogs, articles, and contributions have appeared on numerous websites, including highly respected Yahoo! Finance, MarketWatch, Business Insider, and Minyanville, where he also contributes to their premium trading platform, the Buzz & Banter. Andrew has also been interviewed and cited across many media outlets, including Dow Jones & Company owned Smartmoney. In addition to founding and managing See It Market, Andrew enjoys actively investing, playing and watching sports, and spending time with friends and family – especially his wife and three children. Andrew currently works in the financial services industry and resides in the Minneapolis area. He is a 1998 graduate of Carleton College.
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Gold Miners Update: How Far Will The Bounce Go?

When a security or asset class gets beaten down, sentiment tends to go in the toilet as well. And this generally supports and leads to a trend of lower prices. But as price reaches the extremes, it becomes susceptible to short covering rallies… and ultimately a bottom when time & price align. Although I’m not calling for the latter just yet, it does appear that the Gold Miners ETF (GDX) fit

Sector Performance Review: Investors Find Defense Is Best Offense

The U.S. equity markets continue to grind higher as capital finds its way into U.S. denominated assets. Although the recent V-Bottom rally off the correction lows may not be healthy over the near-term, it does symbolize global investors’ desire to get involved in the markets. But, it’s interesting to see where investors are parking their money in 2014. Below is a quick sector performance review, highlighting leaders and laggards. Some of you

Utilities 2014 Rally: What In The Utes Is Going On?

When investors think of the Utilities Sector (XLU), they typically categorize (or mentally bucket) it as a defensive sector. It comes with a solid dividend and when the market sours, it typically offers strong performance.  Now there’s plenty more going on in 2014 than this post will get at, but I wanted to take a quick look at Utilities performance in 2014 and offer some general thoughts and insights. So, first

November Stock Market Performance: In Charts

The month of November has been good to investors from a seasonal perspective. In fact, over the past 20 years November has seen the S&P 500 rise 70 percent of the time. But what I found even more interesting was that November is a bit more volatile in terms of gains and losses over that same time period. In short, there isn’t much room for neutrality with the November stock

The Best Of ‘See It Market’ – October 2014

Yup, October was a wild month. And we were all over the action… even before it started. Fellow SIM contributor Ryan Detrick’s September 29th post on “Why October May Be A Roller Coaster Ride” gave readers a glimpse of what was to come. And it was all that and more. From the mid-month lows to the end of month highs, the market jumped over 10 percent (in two weeks). If you haven’t

Bank Of Japan Ups The Ante: How Will Europe Respond?

Word of the Bank of Japan’s stimulus spread fast throughout the early morning hours on Friday. And if you didn’t see the news first, it’s more than likely you saw the futures ramp higher, then found the news. The BOJ’s decision to up its annual asset purchase program from $60-$70 trillion Yen to $80 trillion Yen was controversial, receiving confirmation by a narrow 5-4 vote. Either way, though, the BOJ

Citigroup Adjusts Earnings For Legal Costs, Stock Falls

The financials are one sector that I admittedly stay away from. It’s not that they haven’t performed well enough to garner my interest, it’s just that there’s still an unsettled feeling to the group. From rogue traders to manipulation to lawsuits to government involvement, it all just doesn’t suit me.  And Citigroup (C) did a good job of reminding me of this as they announced that they are adjusting their 3Q

Facebook Earnings Beat The Street; Investors Sell The News

Social media has come a long ways. Big players like Facebook (FB), Twitter (TWTR), and LinkedIn (LNKD) dominate the social connecting and networking scene. But if investors reaction to Twitter and Facebook earnings are a sign, perhaps the sector is set for some price consolidation. Tonight Facebook reported strong earnings, beating estimates on the top and bottom line. Mobile growth was a big factor and one would think investors would

Grains Rally Into Fed: Corn Prices At Technical Resistance

The Federal Open Market Committee (FOMC) meets today and tomorrow to discuss monetary policy and provide their views on future interest rates. And it seems the Grains sector is tuned in. Select grains such as Corn, Soybeans, and Wheat are rallying today, and have rallied nicely throughout October. But, the sector is at (or nearing) the resistance levels that I wrote about on October 7th. In my opinion, this is one of

Evaluating The Small Caps Rally: What’s Next?

For much of 2014 the Russell 2000 (RUT), which represents small caps stocks, has underperformed. This highlighted a move to safer risk assets, such as large cap stocks. But this underperformance may have reached an extreme when the market bottomed in mid-October. Since bottoming on October 15th, the small caps index has been on fire: it’s been up 6 out of the past 8 days, rallying 7.5% off its intraday