Posts From Andrew Nyquist

Andrew Nyquist
Andy is the founder of See It Market. He has been actively investing for over 15 years with a strong focus on technical analysis and swing trading. His blogs, articles, and contributions have appeared on numerous websites, including Yahoo! Finance, MarketWatch, Business Insider, Investing.com, and Benzinga to name a few. Andy has also been interviewed and cited across several media outlets. In addition to founding and managing See It Market, Andy enjoys actively investing, playing and watching sports, and spending time with friends and family - especially his wife and three children. Andy recently ended a long stint in the financial services industry to focus on See It Market and private trading. He is a 1998 graduate of Carleton College and resides in the Minneapolis area.
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Chart: The US Dollar Index Is At Critical Juncture

The US Dollar Index has been chugging higher for 7 straight months. And each time it looks ready to pullback, it recharges its engine and goes higher. Many investors probably downplayed the rising Dollar because, amongst other things, it was still in a long-term downtrend… well it’s time that we all pay close attention to that downtrend line. The US Dollar Index is currently trading (overnight futures) above 93, with a recent

Emerging Markets ETFs In Focus: Leaders And Laggards

After a nice run higher during the middle of 2014, several emerging markets ETFs have stumbled into 2015, falling or underperforming other markets for the better part of the past 5 months. That said, the EM complex is starting to perk up with several individual country ETFs at important near-term levels. So as we continue to monitor the Emerging Markets ETF (EEM) for clues over the coming days, we will also want to keep our eyes focused

Swiss National Bank Removes Cap On Franc, Uncaps Volatility

The Swiss National Bank made a bold move overnight, deciding to remove its three year cap on the Franc to Euro. The decision caught the currency markets (and global financial markets) by surprise, rocking the Euro, and in turn, the Forex. Some were preparing for Grexit or Brixit, but not Swixit. In all seriousness, the Euro Zone is in big trouble here with more than a few member states pressuring

Chart Of The Day: NASDAQ 100 Closes On Key Support

Large cap tech stocks had a rough day. And no other index measures this as well as the NASDAQ 100 (NDX).  The NASDAQ 100 closed down 1.36% as shares of Apple (AAPL) fell 2.71%, while fellow tech titan Facebook (FB) dropped 2.23%. But what made the NASDAQ 100 so interesting today was its close at 4089, the third such trip to this level in the past month (this level also marks the September highs).

Trading Setups: Crude Oil Bulls Looking For ‘Right Shoulder’

Did I read that correctly? A right shoulder or a pork shoulder? Kind of the same thing, as it has been some time since Crude Oil bulls felt like pigs. The fall in Crude Oil prices has been well documented, so no need to remind you that every rally attempt has failed to gain traction over the past several months. Okay, I just reminded you. Well, Crude Oil was up over

European Stocks Lower As ECB Bond Buying Tuned Out

European stocks closed lower as fears of slowing growth and deflation continued to mount. A poor day for US equities also added pressure to the major European Equity Indexes. Perhaps of greater interest was that an aide to the European Union’s top court said a bond-buying program by the ECB is “in principle” in line with the EU’s treaty. This gave stocks a boost, but it would prove to be fleeting. On Monday, I

AAPL Chart Update: Is Apple Ready To Breakout?

As  we draw closer to Apple’s 1Q earnings report on January 27th, investor chatter is ramping up. According to Estimize, Wall Street consensus is for earnings of $2.56, while the community is looking for $2.58. Either way, both estimates would crush 2014 1Q earnings. But if you are an active investor hoping to get into Apple (AAPL) for a quick trade or investment, you may want to see how the current stock price

S&P 500 Update: What’s The VIX Telling Investors Now?

During my typical S&P 500 update, I tend to focus on technical support and resistance levels to watch. But rather than focusing on key price levels, I’d like to focus on the S&P 500’s relationship with the Volatility Index (VIX) and what it may be saying (I’ll cover some levels to watch at the end). The VIX has long been followed as a fear index, gauging whether or not investors

German DAX Closes Higher: But Chart Pattern Awaits ECB

The German DAX Index closed today up 1.38% at 9781.90 on the heals of hopes for a new and improved economic stimulus out of the ECB (i.e bond buying). But perhaps the larger story for traders is the current symmetrical triangle that is forming on the German DAX. This is when the price action narrows producing an equidistant and equi-angled triangle pattern based on the daily highs and lows. Often times,

Crude Oil Makes New Lows: When Will The Selling End?

Another week is upon us and the story for Crude Oil continues to be more of the same: crude oil new lows. The collapse in Oil prices has taken crude down as low as $46 per barrel this morning. Is the drop from $49 to $46 over the past several hours of futures trading enough to elicit a trading bottom?  Or just more bottom calls? Traders like to see a “panic”